Alleviate poverty by enhancing Financial Inclusion.
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Brian Doyle, founder of Ayodo Foundation, installing a free internet enabled YODOPOS system in Ahmad Oujak's start-up O'falafel Coffee. Ahmad is a Syrian refugee living in Canada and Ayodo wishes him well in his new business supporting his family of four young children.
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Ayodo Foundation is a registered Canadian Not-for-Profit corporation. (Corporation number 812875-8).
Ayodo has developed a sophisticated cloud-based mobile payment and money transfer product free for all to use on a non-profit basis.
We recognize it is both difficult and unusual for a entity such as Ayodo to complete with large financial institutions and have therefore chosen to develop a "merchant centric" product which leverages small merchants' cash handling procedures worldwide to provide the core fabric required to sustain and grow our service globally.
Small merchants are known and trusted in the communities they serve. These merchants handle consumer pre-paid cash, which once tendered becomes Yodo's "cloud money" able to move frictionlessly among all registered merchants to serve the needs of all stake holders, the merchants, their customers and Ayodo Foundation's mandate for non-profit remittance. Consumers transact in their choice of trusted fiat-cash and only the efficient and secure back-office merchant settlement process which we are building will occur using a stable cyrptos over a blockchain.
Ayodo has developed a sophisticated cloud-based mobile payment and money transfer product free for all to use on a non-profit basis.
We recognize it is both difficult and unusual for a entity such as Ayodo to complete with large financial institutions and have therefore chosen to develop a "merchant centric" product which leverages small merchants' cash handling procedures worldwide to provide the core fabric required to sustain and grow our service globally.
Small merchants are known and trusted in the communities they serve. These merchants handle consumer pre-paid cash, which once tendered becomes Yodo's "cloud money" able to move frictionlessly among all registered merchants to serve the needs of all stake holders, the merchants, their customers and Ayodo Foundation's mandate for non-profit remittance. Consumers transact in their choice of trusted fiat-cash and only the efficient and secure back-office merchant settlement process which we are building will occur using a stable cyrptos over a blockchain.
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