Zipp is a new low-cost global interchange establishing a new paradigm in banking. Created through the establishment of an alliance of individuals and companies who recognise the need for lower cost financial solutions and have the expertise and the technology to deliver those services, Zipp is beginning to transform the lives of even the most disadvantaged people.

Developed in partnership with the Commonwealth Business Council, Zipp forms part of a substantial campaign of financial initiatives aimed at improving the social standing of millions of commonwealth citizens.

Zipp will sit alongside Mastercard and Visa but as a British owned independent global interchange.

ZippCard will be the truly inclusive and independent medium without the baggage and expense of legacy systems, narrow controls and high cost-conventions. It will use cutting edge technology with very competitive and generally unchallenged exchange rates to reduce international remittance costs by as much as 75%.

Zipp aims to open up new opportunities for individuals and micro-businesses that have so far been excluded from the formal banking systems.

While Zipp may benefit sales boutiques and other established outlets on account of the sheer design of its value proposition based on financial inclusion , it has been conceptualized to be the medium for working people in the rural areas of developing countries.

Gordon Brown at the United Nations

The Prime Minister in his first address to the United Nations laid down a number of challenges and called upon the representatives present and other members of the world community to come forward as a global partnership, a ‘Coalition of Conscience’ and together harness the energy, the ideas and the talents of the private sector, consumers, NGOs and faith groups, and citizens everywhere to address the needs of the world and its people at this time.

Zipp is an enthusiastic member of this coalition – The Zipp management team and its partners have conceived and created a card based system that is designed to help the most disadvantaged people and at the same time address some of the major financial challenges facing National banks and the World’s leaders.