MYNE LEND, a revolutionary digital lending platform and tap-to-pay solution, has officially been launched in Jamaica.
The initiative is the result of a strategic venture between JMMB Group, Liberty Latin America, and Flow Jamaica in partnership with Visa and Evertec.
MYNE LEND will be available exclusively to Flow mobile customers and promises a ground-breaking financial experience for customers as Jamaica’s first 100 per cent digital wallet and micro lending service offering a tap-to-pay feature.
CEO of MYNE LEND, Elson James says the platform is not just another addition to the market; it’s a transformative experience.
James says MYNE LEND will be introducing an alternative credit scoring methodology to provide credit decisions in as little as 10 minutes.
He says successful applicants will receive a digital VISA card directly in the MYNE app, enabling instant spending.
The MYNE app is comparable to well-known mobile payment systems like Samsung Pay and Google Pay due to its ability to “Tap-to-Pay” directly from the app, with no physical card required.