SkyPay Unified Payment Platform is a comprehensive mobile and internet banking solution developed by OpenArc which makes it possible to perform any payment to anyone, by anyone through one common system. SkyPay is an instance of branchless banking, which makes financial services accessible to the customers through their mobile phone or the internet without having to go to a conventional bank branch. It supports island-wide network of Bank Agents to facilitate branchless banking with remote deposit and withdrawal of money through agents. Extending services to mobile and internet, and using agents will allow a bank to achieve extended reach and island-wide virtual presence. This channel is also much more cost effective than traditional brick and mortar branches or ATMs, as there is no additional cost of infrastructure implementation.

SkyPay can be described as truly a bank-lead mobile payment system which will provide utmost convenience to the banking community across all the banks in a given country; making their life so easier. It will also make banking facilities more available and accessible to the rural, unbanked mass population; giving them access to financial services and improving their quality of life.


  • Mobile Wallets attached to mobile phones
  • Balance inquiry of bank accounts and facility accounts
  • Deposits and withdrawals remotely through agents
  • Inward remittance distributions through mobiles
  • Fund transfers between bank accounts in real-time
  • Fund transfers to a remote recipients with no bank account
  • Utility bill payments
  • Make installment payments of loans, lease facilities etc.
  • Pre-paid mobile reloads
  • Salary payments to employees by companies
  • Serve as an internet payment gateway for online purchasing
  • Make Inquiries on current exchange rates and interest rates
  • View and manage transaction history