Cashlogy: A Decade of Revolutionizing Payments in Malta

Imagine this: It’s 2012, and you’re strolling down Republic Street in Valletta, Malta’s bustling capital. You pop into a bustling café for a quick espresso. No cash in your pocket? No problem. You whip out your phone, tap a few buttons, and voila! Your coffee is paid for. This wasn’t science fiction; it was the reality brought to life by Kintech’s Cashlogy, Malta’s first mobile payment app.

From Concept to Reality: The Birth of Cashlogy

In the heart of Malta’s tech scene, Kintech was brewing an idea that would transform the way we pay. In 2012, with smartphones becoming ubiquitous, the team saw an opportunity to make payments as simple as a tap. Thus, Cashlogy was born.

Cashlogy launched in 2012, a time when mobile payments were still a novelty. It was a pioneering move, especially in Malta, where cash was king. But Kintech believed in the power of technology to simplify our lives. They partnered with local banks and businesses to make Cashlogy a reality.

Growing Pains and Milestones

Cashlogy’s journey wasn’t always smooth. Early adopters faced teething issues, and convincing businesses to adopt this new payment method wasn’t easy. But Kintech persevered, updating the app, adding features, and educating users and businesses alike.

In 2015, Cashlogy hit a significant milestone: it processed €1 million in transactions. This marked a turning point, demonstrating that mobile payments were here to stay. The following years saw more milestones: €5 million in 2017, €10 million in 2019.

Cashlogy Today and Tomorrow

Today, Cashlogy is a staple in Malta’s payment scene. It’s used in cafés, restaurants, shops, and even at the University of Malta. It’s processed over €20 million in transactions, with thousands of users and businesses on board.

But Kintech isn’t resting on its laurels. They’re , exploring new technologies like QR codes and integrating with more businesses. They’re also expanding their reach, with Cashlogy now available in Gozo, Malta’s sister island.

As we celebrate Cashlogy’s 10th anniversary, it’s clear that mobile payments are no longer a futuristic dream. They’re a reality that’s reshaping how we shop, eat out, and live our daily lives. And Kintech is at the forefront of this revolution.

“We started Cashlogy with a simple idea: make payments easier,” says Kintech’s CEO, Mario Vella. “Ten years later, we’re proud to see how Cashlogy has become a part of Maltese life. But we’re not done yet. We’re excited about the future of payments, and we’re committed to making Malta a leader in this space.”