Onyin Technologies, a financial technology firm (Fintech), has officially introduced two applications onto the market.
The applications are NOS, a business management and payment application to help business owners to manage their stock, sales and revenues; and SAIR, which helps business owners to pay for goods and services abroad.
“At Onyin Technologies, we are passionate about transforming businesses – helping them modernise and expand. So we have developed these two fantastic products that we think would be helpful to businesses,” Yaa Quansah, founder of Onyin Technologies, said during the launch in Accra.
She explained that one of the things that people struggle with in Ghana is financial data which they can use to access loans. NOS, she added, is therefore specifically designed with business management and data analysis features to address that challenge.
The app allows users to input sales, take stock, manage online orders and provides users with data analysis on their operations.
“NOS is a mobile POS and retail management app. NOS can also easily help you expand into new sales channels, so you can put your products in front of thousands of shoppers in Ghana. With NOS PLUS, shop owners have access to make bulk purchase from our wholesale partners in China, UK and US.
“In addition, we are partnering with a financial institution that will be able to use this data to provide loans to our customers,” Onyin’s founder added.
It also provides point of sales (POS) solutions but without the customer or user needing a traditional POS device. All the business owner needs is to download and install the NOS App.
“People are struggling to set up online stores and to be able to have access to numerous payment options, so NOS is going to allow shop owners, like boutiques, to be able to have a system where they can easily add and manage their products and also add numerous payment options,” she further explained.
SAIR, meanwhile, is to address the difficulties people go through when buying goods from abroad by allowing instant payments overseas in a secured and convenient manner.
“SAIR is basically a simple remittance app,” she said, adding: “To send money from Ghana to overseas is quite very difficult, it will take you not less than two weeks to send money. So if you have a child who is stranded at school abroad and you want to send them money, by the time the money gets to them it might be late. So, we have carefully, over two years, studied and put together a simple solution that will allow people to send money from Ghana to people overseas within minutes and it’s secured,” Madam Quansah said.
The two applications are available on Google PlayStore and Apple Store.
