Mojaloop is open-source software for financial services companies, government regulators, and others taking on the challenges of interoperability and financial inclusion.
Anyone in financial services is invited to explore and use the code. In particular, it enables central banks, market infrastructures, payment processors, and fintech firms to accelerate the creation and deployment of interoperable payment platforms that can scale in serving the poor. It gives existing payment processors and providers a level playing field to connect to. See our FAQ for more.
The Central Directory Service routes each payment to the correct service/provider in the ecosystem.
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The Central Ledger Service tracks transactions for compliance and settlement among providers.
view codeThe Fraud Service allows providers to share transaction information to validate and secure payments.
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The Central Rules Service sets policy across the system.
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Person-to-person transfers
Merchant point-of-sale
Payroll and other bulk payments
Multiple accounts and users
Fraud monitoring
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Mojaloop was designed in collaboration with Ripple, Dwolla, ModusBox, Software Group, and Crosslake Technologies. The Bill & Melinda Gates Foundation provided funding and support through The Level One Project, a vision for digital financial markets based on principles of interoperability, collaboration, and inclusion.
Find out more leveloneproject.org
