Loosechange is a mobile payment solution that enables users to perform financial transactions using their phone number, with or without an internet connection. It allows users to pay for products and services at participating outlets, share funds with others, and receive payments. It also enables users to pay bills with friends and family. Loosechange offers a way for users to make contactless payments by scanning a QR code and receive change from merchants. It also allows users to fund their Loosechange wallet directly from their bank account or transfer funds to their bank account from their Loosechange balance. For businesses, Loosechange enables the acceptance of various payments by displaying a unique merchant QR code, enabling faster checkouts and the receipt of instant payments from customers in-store and online.