Wikipedia
KlickEx is a Polynesian payments system for low value electronic foreign exchange transactions using an interbank smart market retail system. It provides low cost electronic foreign exchange clearing services to clients in the Pacific Islands avoiding the usual foreign transfer fees and spreads by matching up individuals sending payments to and from the islands.
Payments can be made between the Pacific Islands and Australia, New Zealand and Europe. The system also allows users to transfer directly to mobile wallets, and Bank accounts.
The system is an electronic alternative to informal Hawala systems, traditional international bank transfers and older remittance networks where the minimum transfer fees would often make it uneconomical to send low value payments that are typical for migrant workers and relatives of the island communities.
The company has won a number of awards and support from NZ government development agencies for providing a service that enables rapid low value payments Foreign Exchange a lower cost, and reaching a much larger number of impoverished (but vibrant) communities in the South Pacific islands.