BOS.Pay™

Problem and implemented solution

BOS.Pay™: Small to medium-sized enterprises (SMEs) and large businesses looking for a cost-effective, flexible, and secure payment solution, especially those interested in accepting cryptocurrencies and digital currencies. BRICS: Businesses and organizations within BRICS countries (Brazil, Russia, India, China, South Africa) aiming to enhance their digital payment capabilities and integrate innovative financial technologies in emerging markets.

South Africa (SA)
Nomination

Sky, Space And Communication Technologies

Topic

Wireless technologies and the Internet of Things

Estimated duration of implementation

3 Years

Implementation geography

Regions and Locales of Implementation: BOS.Pay™ is initially focused on South Africa, with planned expansions into the Qatari and GCC markets. The platform aims to serve businesses in these regions by providing a streamlined solution for cryptocurrency and CBDC transactions.

Description of competitive advantages

BOS.Pay™: Subscription Model: Cost-effective, predictable pricing. Crypto and CBDC Focus: Tailored for digital and cryptocurrency transactions. Scalable Tiers: Flexible plans for varying business needs. AI Analytics: Advanced data insights for strategic decision-making.

List of awards and prizes, media articles about the organization/individual or the Practice

Awards and Prizes: WASME SMME Resilience Award 2022: For innovation and resilience in SMEs. Department of Communications and Digital Technologies Endorsement: For advancing digital technologies in South Africa. IBM BBBEE Investment: For significant support in the BEE program. EY EYP Cohort: Recognized in Ernst & Young’s Entrepreneur of the Year Program. Media Articles and Showcases: Microsoft Startup Member (Since 2021): Featured for fintech innovations. SABYA Event Newsletter and Press Releases: Covered for industry achievements. DigiTech and GovTech: Showcased for contributions in digital payments and blockchain.

List of scientific works and IP connected with the Practice

Scientific Works and Intellectual Property: Trademark for BOS.Pay™ Registered trademark protecting the BOS.Pay™ brand and its distinctive elements. Patent in South Africa Patent granted in South Africa for unique technological innovations and solutions implemented by BOS.Pay™, enhancing its competitive edge and market position.

Contacts

For queries about BRICS Solutions Awards please reach out to Agency for Strategic Initiatives International Office Team:

Partners

logo-ntilogo-tpprflogo-brics-businesslogo-tv-bricslogo-development-corporation
rainbow
footer-star