Cyclos

Cyclos is a payment software provided by the Social Trade Organization (STRO). According to the vendor, it is designed to meet the requirements of banks, barters, remittances, and innovative currency systems. The software offers a secure and scalable payment platform that can be customized to specific needs. Cyclos is capable of supporting large-scale payment systems with millions of users as well as smaller systems like barter networks. It is widely used by banks, microfinance institutions (MFI's), barter networks, remittance service providers, and innovative currency systems across various industries.

Key Features

Mobile Banking: Access your accounts and perform banking activities on your mobile device with Cyclos' mobile-first responsive open-source front-end. Customize the mobile app, publish it on app stores, or use SMS or USSD banking if needed.

Online Banking: Enjoy a secure and customizable online banking platform with Cyclos. Make payments, browse account history, find products, and more, all tailored to your specific requirements. Support for multiple currencies and transaction types is included.

E-commerce: Explore Cyclos' complete e-commerce module, including a marketplace, webshop, shopping cart, promotional prices, stock management, and ad alerts. Create your own webshops and offer products within the Cyclos ecosystem. Various payment methods, including QR code and NFC card payments, are supported.

POS & Cards: Accept NFC payments effortlessly with Cyclos. Generate a QR code for customers to scan and pay, or accept payments using the mobile app on NFC-enabled Android devices. Famoco POS devices are also supported for secure and flexible payment acceptance.

SMS Banking: Perform banking activities easily through SMS with Cyclos' SMS banking feature. Make payments, check account balance, receive one-time passwords, and more via SMS. The SMS banking module is customizable and can be set up quickly.

USSD Banking: Utilize Cyclos' USSD banking feature for secure and low-end channel payments on all mobile phones. Initiate USSD sessions by sending SMS or calling a specific code, allowing various banking activities through USSD menus. USSD banking works independently from other banks and telcos.

Mobile POS: Turn your Android device into a mobile POS device with Cyclos. Accept secure NFC payments with AES encryption and a random virtual keyboard to prevent password capture. Print receipts or vouchers for each transaction using the mobile POS.

Famoco POS: Seamlessly integrate Cyclos with Famoco POS devices, Android-based NFC devices designed for secure and flexible payment acceptance. Support contactless NFC payments with 128-bit encryption. Lightweight and easily managed remotely through the Famoco Management Suite.