Leading African digital banking solution, NowNow Digital Systems Limited has launched an innovative Tap & Pay feature on its platform which allows contactless payments.
The new Tap & Pay feature will allow fast, easy and safe cashless payments for merchants and consumers through mobilephones, tablets, and POS. The NowNow Tap & Pay feature utilizes a software point of sale (SoftPOS) which enables the acceptance of contactless payments. The SoftPOS utilizes the devices’ embedded Near Field Communication (NFC) capability to make and accept payments via the NowNow wallet without the need for any additional hardware. The innovative solution turns smartphones into digital point of sale terminals for micro to small-sized businesses including individuals, agents and merchants. Speaking about the new payment solution, Lekan Akinjide, Director of Partnerships, NowNow Digital Services, affirmed that the new tap and pay feature highlights NowNow’s commitment to enabling seamless financial services in Nigeria. “The Tap & Pay solution represents our dedication to providing seamless digital payments in Nigeria.
As a leading fintech, it is important for us to provide services that promote financial independence. With the Tap & Pay feature, our customers, agents, and merchants can make smooth contactless payments on our platform. Using the feature is easy with no hardware or maintenance required coupled with a hassle-free onboarding process.” The new NowNow Tap & Pay solution provides customer-to-customer (C2C) and customer-to-business (C2B) services, including agent-to-consumer offerings.
These options enable NowNow merchants and individuals to use payment solutions that are secure and easy to set up. NowNow’s mission is to deliver best-in-class financial services having built an ecosystem for seamless digitized payments for customers. The new Tap & Pay solution will further enhance NowNow’s existing services for consumer banking, agency banking, and merchant payment, driving financial empowerment and inclusion for micro to small businesses and individuals alike. The company has built an ecosystem that digitizes payments and creates access to financial services for Agents, Consumers, and Businesses.
NowNow’s mobile-based digital banking solutions are built to boost financial inclusion in rural and urban communities using simplified branchless banking initiatives. NowNow was founded in 2018 and licensed by the Central Bank of Nigeria to deliver best-in-class financial services.