EyePay®

12 Aug

MLC VANGUARD | Created by IrisGuard

We provide a secure payment authorisation system for targeted assistance transfers & verified onboarding, powered by our iris recognition technology. Our hardware, software and APIs are designed for easy integration and rapid deployments, empowering digital inclusion, ensuring accountability, fraud elimination and streamlined operations.

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2,800,000 Lives Impacted

EyePay® solution offers a dignified solution to the normal queues for aid, empowering the beneficiary to spend their funds when and where they choose. Registered beneficiaries’ dignity is restored by providing them with equal rights to funds without prejudice, bias or discrimination. The beneficiaries’ eyes are converted to a reliable and permanent Unique Verifiable Identity during its one-time enrollment process. It is contactless, non-invasive, hygienic, dignified and appropriate for all cultures and ethnicities.

The UNHCR has successfully and effortlessly enrolled over 2.3 million vulnerable Syrian refugees displaced throughout the neighbouring countries (Jordan, Lebanon, Iraq, Egypt, Syria, Turkey) using IrisGuard’s technology. Working with the UNHCR, WFP, UN Women, UNRWA, NGOs and retail banks, driving financial assistance for millions of unbanked who are now able to receive cash from ATMs and mobile cash-out agents, buy their food in supermarkets and receive their regular pension payments using solely their eyes as a proof of life.

The Innovation

Our EyePay® platform ensures 100% accountability, accurate verification and authorisation of cash transactions, pensions, social welfare payments, money remittances, medical services and links with mobile wallets via our EyePay® Phone or POS devices – in real time.

We’ve been leading the way in this sector for the past 20 years, soon to be serving 12m beneficiaries globally and processing over $1.5B of aid funding, across 1300 active devices. We verify one individual out of millions anywhere, in real time-without cards, PIN numbers, private keys or bank accounts. Our safe and secure iris recognition system requires one-time enrollment only and is scalable depending on the size of project, with no minimum value or frequency required.

Protected by highest security standards and 9 patents, our iris recognition technology provides the most secure, accurate, fastest and fault-free method of human identification. Our process is completely anonymised, gender and racially-neutral, empowering equality and digital inclusion whilst eliminating risks associated with identity theft.

About IrisGuard

We are the world leader in iris recognition payment services, providing a secure and scalable system for targeted transfer of assistance payments, EMRs management or border control. Our technology authenticates transactions without any other ID, ensuring 100% accurate proof-of-life in real time on a one-to-many basis. We operate in 11 countries and are a trusted partner of the UNHCR, WFP, UN Women, NGOs and retail banks. Our products and services enable financial assistance for millions of unbanked who are now able to receive cash from ATMs and mobile cash-out agents, buy their food in supermarkets and receive their regular pension payments using solely their eyes as a proof of life.