[ Bill & Melinda Gates Foundation GRAND CHALLENGES - Payments Using Feature Phones | Research Funding ]
Event details
| Date | 12.01.2020 |
| Category | Call for proposal |
Aim: The Bill & Melinda Gates Foundation, CIIE.CO, and NPCI are soliciting proposals for a new program on empowering feature phone users with digital payment solutions. The program aims at identifying promising payment solutions for feature phone (non-smartphone) users, ensuring simplified user onboarding, enhanced transaction experience, highest security standards, and automated dispute resolution. Effective solutions should include:
The rewards include monetary and non-monetary support to the top innovations emerging from this Grand Challenge:
Eligibility: This is a global challenge open for individuals and enterprises offering technology solutions in payments. It is especially suited for enterprises (including startups) with ready solutions that can be piloted with limited additional development and integration efforts. However, all relevant and impactful solutions will be considered irrespective of the stage.
How to Apply: Applications will be received only through the online process; applications are available on CIIE.CO’s online submission platform. CIIE.CO & NPCI will shortlist the most promising solutions for further support. Wherever needed, these solutions will be provided with access to NPCI sandbox and technical support so that demo-able products can be created. The winners will be selected from the shortlist based on the product pitch and demos towards the end of the program.
Deadline: 12-Jan-2020
Further information
- Real-time issue resolution mechanisms
- Improved payment interfaces and workflows
- Integrated bill payment features
- Enhanced P2P and merchant payment solutions
- Enhanced security with end-to-end encryption
The rewards include monetary and non-monetary support to the top innovations emerging from this Grand Challenge:
- Opportunity to pilot the solution with NPCI
- First Prize: USD 50,000
- Second Prize: USD 30,000
- Third Prize: USD 20,000
- Acceleration support from CIIE.CO’s Bharat Inclusion Initiative
Eligibility: This is a global challenge open for individuals and enterprises offering technology solutions in payments. It is especially suited for enterprises (including startups) with ready solutions that can be piloted with limited additional development and integration efforts. However, all relevant and impactful solutions will be considered irrespective of the stage.
How to Apply: Applications will be received only through the online process; applications are available on CIIE.CO’s online submission platform. CIIE.CO & NPCI will shortlist the most promising solutions for further support. Wherever needed, these solutions will be provided with access to NPCI sandbox and technical support so that demo-able products can be created. The winners will be selected from the shortlist based on the product pitch and demos towards the end of the program.
Deadline: 12-Jan-2020
Further information
- More details on the call can be found on the website.
- The application platform can be found here.
- For any other questions, contact the Research Office.
Practical information
- General public
- Free