34 + YEARS uninterrupted INNOVATION
OUR HERITAGE
34 YEARS uninterrupted INNOVATION
OUR HERITAGE
Our visionary approach is shaped by our extensive knowledge and experience in the financial services field. We not only provide solutions for today but also embrace a proactive mindset to develop solutions for the future.
WHERE WE COME FROM
In the ever-evolving Microfinance Arena, long-term sustainability hinges on minimizing capital costs and overheads, combating unlawful behavior, and fostering savings. At Mycomax, we are deeply committed to offering a wide range of cost-saving options and simplifying the way businesses operate through constant innovation and product development. We understand that the Microfinance Industry plays a pivotal role in alleviating poverty for disadvantaged communities and groups in any country. It is crucial that services provided by Microfinanciers create positive and sustainable changes that empower families to overcome insufficiency and secure the future of the industry.
Our product portfolio has evolved over time, continuously aligning with market expectations and business priorities. Our intuitive, seamless, and secure Software Platform serves as the ultimate productivity tool, unlocking cost-effective and efficient operations for your business. In times of economic crisis, the key to progress lies in innovation. With 34 years of innovation and development, we at Mycomax believe in fostering collaborative partnerships with our clients to execute strategies that adapt to the dynamic changes in our industry.
Our visionary approach is shaped by our extensive knowledge and experience in the financial services field. We not only provide solutions for today but also embrace a proactive mindset to develop solutions for the future. Mycomax has established itself as an innovative developer, supplying diverse solutions to various sectors of the Southern African Economy, particularly the Micro Credit Market.
Join us on this journey as we continue to shape the Microfinance landscape with our pioneering spirit, unwavering commitment to excellence, and dedication to driving positive change.
A BRIEF HISTORY
MYCOMAX
QUICKMONEY
QuickMoney was a comprehensive loan management software solution, designed to simplify your life, our single solution included everything your business needed to keep the pace ahead of competitors. Our dynamic software platform offered you multiple innovative solutions.
AUGUST 1991
MYCOMAX
QCARD
This product development was the first breakthrough in providing a real answer to the controversial payment issues in the microfinance industry, back in 2000.
JUNE 2000
MYCOMAX
EDO DEVELOPMENT
The banking industry decided that a new payment system should be developed to provide an acceptable solution to the microfinance industry. Most role players in the industry worked with the SARB-assigned project team to develop the functional specifications for the Early Debit Order System (EDO), including Mycomax.
AUGUST 2006
MYCOMAX
MAXPAY PORTAL
The Portal was a Web-Based Payment Collection System that enabled you to electronically deduct future and recurring payments from your client’s bank accounts via the Non-Authenticated Early Debit Order (or NAEDO) stream.
JUNE 2007
MYCOMAX
CASH ACCESS
Was developed as a solution to the growing need to find cashless option for loan distribution, especially regarding the risk factor and costs of keeping cash on the premises.
FEBRUARY 2008
MYCOMAX
CLOUD HOSTING
Mycomax identified and understood the importance of cloud hosting for future solutions. Cloud computing is the on-demand availability of computer system resources, especially data storage and computing power, without direct active management by the user.
DECEMBER 2009
MYCOMAX
MAXMONEY
Within our approach for developing timely solutions to the Microfinance market, Mycomax found the need for web-based, affordable loan management software. With the continued and fast-paced development of the Internet we considered the future of the way we do business, and this is where MAXMONEY was conceptualised.
FEBRUARY 2010
MYCOMAX
EnDO (NAMIBIA)
Following a decision taken by the Bank of Namibia, the Payment Association of Namibia (PAN) in partnership with the banking institutions and suppliers, a new enhanced EFT system has been introduced into the Namibian financial sector. This new national EFT system is called NamPay. Enhanced Debit Order (EnDO) is one of the payment streams making up NamPay.
JUNE 2021
MYCOMAX
MAXMAIL
MAXMAIL is designed as a seamless integration of your contacts in MAXMONEY to personalise email batch campaigns and notifications, for example: Statements, Letter of Demand, Letter of Balance and emails of Scheduled Batch Payouts.
FEBRUARY 2022
MYCOMAX
MAXAPP
MAXAPP is designed and developed to open scores of opportunities to mobilise your business for the future. It is time! AND WE WON'T STOP!
