Nexxo’s Everyday Financial Services Platform (EFS) enables businesses to offer consumers an integrated suite of financial services including check cashing, money transfer, bill pay, money orders, pre-paid card servicing and phone minute top-ups; all delivered in a common, easy-to-use interface via self-service kiosk, teller-assisted desktop, mobile, and web channels.
Nexxo’s EFS Platform has been tested and proven in the most challenging of retail environments with over a $1,000,000,000 customer dollars processed, millions of transactions and hundreds of thousands of customers.Since 2004, Nexxo has been delivering self-service financial services to consumers who live outside the mainstream financial system. With over a billion dollars and millions of transactions managed by its patented, turn-key platform, Nexxo has developed and proven the consumer and retail benefits associated with delivering everyday financial services.
The FDIC estimates that there are 60 million people in the USA that do not use formal banking channels as their primary method for managing their every day financial services. There are tens of millions more that use alternative financial services as a key to suplement their financial needs. Nexxo’s managed EFS Platform empowers organizations small and large, from small bodegas to
Fortune 500 enterprises, to serve these consumers in a customer-centric manner without incurring the staffing overhead, processing costs, and compliance burden traditionally associated with delivering these to consumers.