Cashless Cures Crime
Cashless Cures Crime
Smart School ID

Cashless Cures Crime

Although not number one in crime rates in the world, South Africa sits at number 12 in highest murder rates in the most recent year.  According to a survey done by Crime Stats South Africa, 47% of crime related incidents have been burglary and robbery, followed closely behind with 26% as theft.

Shockingly enough, these statistics do not exclude children and schools as victims. In fact, schools are one of the largest targets for major robbery and theft. According to News24.com four primary schools were targeted on January 19th 2016 where “more than 70 computers, cash and sports equipment” were allegedly stolen by the same gang. March 19 2015, Windermere Primary School was robbed by four men posing as parents wanting to enroll their children into the school. Two young boys were robbed at gunpoint five months ago at the Kings College and Preparatory School while playing soccer. Even young children and toddlers are victims to this, in Septemeber 2015 armed men robbed a creche in Pretoria, taking R40 000 that was donated by the parents for the children to go on a fieldtrip.

Adding more security has not seemed to lower the high rates of crime in South Africa. According to Africacheck.org, decreases in robberies were only about 1.3% between 2011 and 2012. So what is the solution? Perhaps removing the target itself from schools is the answer. Creating a cashless environment could potentially provide a safer place for the country’s children and youth to learn and grow up in.

Implementing cashless technologies within schools provides a convenient and safe transaction for teachers, parents, and students throughout the school community. Now, children cannot lose money: the money is directly linked to a bank account, which can easily be suspended, limited, and monitored. Lost chipped enabled cards can be reported, cancelled and replaced, and finally, money spent by children can be tightly controlled by their parents. Gone are the days where children lose their tuck money, bullies target their classmates for cash, petty theft on campus, or the misuse and abuse of cash.

Cash designated for tuck and lunch is often abused by children. According to 2 oceans recovery house, 69% of teenagers claim to have access to drugs from people within their school. It is not surprising that cash is being used for more than just lunch money. Kids can buy books, clothes, toys, alcohol, cigarettes, drugs, and much much more. If the only payment system in place on a school’s campus is directly linked to their parents bank, and cash is explicitly banned from campus, children are limited.

This closed loop system can now ensure a safe and fear free environment for children. Free from bullies, free from cash abuse, free from being a target to outside crime. It is not surprising that Sweden as the number one cashless country is also listed in the top 5 safest countries to live in.

ALLXS ahead of the competition
ALLXS ahead of the competition

The disruptive economic industry FinTech (generally composed of start-ups who use innovative technology to make financial services more efficient) is paving the way for change in the financial industry. A recent report from Accenture found that global investment in FinTech has skyrocketed from $930 million back in 2008 to over $12 billion by the beginning of 2015. In South Africa, a host of companies has developed applications, processes, products or business models to deliver solutions namely Zapper, Snap Scan, Plankton and Plankomat. Complementing these are third party mobile point of sale applications such as TabletPOS, Vend, GAAP and Intelepos.
None of the current applications available on the market today offer POS, credit card processing, mobile payments, reward redemption, NFC enabled technology and location based communication all in a single platform.

ALLXS delivers the only product with a comprehensive solution for a broad range of industries.
By combining its diverse skill set and passion to deliver value across a number of channels, ALLXS weaves the latest trends in technology, entertainment, education, and finance and delivers a layer of contextual communication across all our fields of expertise, delivering a superior customer engagement and experience.

For the Merchant

The MiPOS (Mobile Intelligent Point of Sale) app processes customers credit cards from your mobile phone with no additional hardware required. Compatible with any Android device, MiPOS allows you to run your business with a full featured point of sale system as well as a built in customer communication platform. The platform allows you to manage a cashless environment, or virtual currency while issuing your own rewards and benefits. Unlike our competitors, the consumer application integrated into MiPos allows for seamless transactions, rewards and in app purchases with an integrated e-wallet as well as peer to peer payment solutions. Features also include:
Voucher Management. Retail digital inventory through our content partners and manage your own voucher issuing and redemption.

Live Intelligence. Live dashboard with sales and customer data statistics.

For the Consumer

ALLXS is a FinTech company committed to making financial markets and systems more efficient and we cover a wide range of sub-industries. Digital currency, data collection and peer to peer lending to name a few. The consumer app empowers businesses to take control of their mobile identity and engage with customers via personalized mobile messages delivered to the right person, at the right time. Features include:
Location Based Offers. Consumers receive relevant offers and promotions at the right time and the right place. The Beacon enabled app ensures that only relevant information is received at a time when users are most likely to engage with such information.

E-Wallet. Fully integrated e-wallet with in app purchasing, account management, coupons, tickets and peer to peer payment functionality.

Reward Redemption. In app, digital coupon management and redemption integrated into our mobile intelligent POS.

In APP Purchases. Pre-order purchases with the in app ordering engine and avoid the queues.
Hot Spot Integration. Instant access to over 2200 Hot Spots nationwide. In app purchase and authentication.
ALLXS will change how companies do business.