Business

Our business proposition

• Giro reference model (concepts and methods): the content of the Giro reference model and the methodology to implement Giro in the financial sector will be provided to the shareholders of a local Giro joint venture. This reference model will be maintained continuously so that the experiences with each implementation become available for all Giro joint ventures.

• Management (knowledge): inClusion group will deliver the key management staff and Giro specialists to build the Giro joint venture. All knowledge will be transferred to local staff. For this purpose a Management Agreement is signed at cost-plus basis for a period of 3-4 years.

• Technology (software and processes): software for document processing and payment processing from Interpay is offered on a per transaction basis. Utilizing this 'Pay-as-you-Grow' concept, no large up-front investments for the Giro local joint venture are required. For this purpose, Inclusion Group and Equens (Interpay) have established International Giro  Solutions (IGS). After ten years the use of the licensed material will become royalty-free.

• Financing (money):  jointly with a development bank or investment consortium, inClusion group is prepared to take a share of up to 50% in a Giro joint venture to commit itself to the business. Based on a Shareholders Agreement an exit may be exercised between the 4th and the 6th year. By then inClusion group expects to have completed its mission and as a result, the Giro company becomes fully owned by the local shareholders.