Tap to pay on Danfo? The future of payments on public transport
About The Episode
Today on the Techpoint Africa Podcast we discuss how to enable a cashless economy in Africa, using Lagos, Nigeria as an example. Our guests, Co-founders of Touch and Pay (TAP), Afolabi Olamide (CEO) and Micheal Oluwole (Chief Growth Officer), explain how a single card could disrupt the future of payments, starting with the Lagos transport system. To advertise or promote your brand, visit this link or send an email to business@techpoint.africa Follow this link to download the Whistle app on the Google Play Store Explore the fintech in everything at The Fintech Summit 2022 Timestamps 00:00 - Intro 00:20 - We meet Olamide and Michael 02:47 - What Touch and Pay (TAP) is 06:25 - How TAP has evolved over time 10:24 - How this can help financial inclusion 17:33 - Are there enough people using this solution? 24:12 - Is this payment solution scalable to all forms of transportation? 28:03 - Let's talk numbers 29:53 - Will this work with other transactions? 35:19 - Why use a Cowry card when you have other options? 40:30 - What are the biggest challenges in payments in Nigeria? 46:04 - How has adoption been like? 48:58 - What's the future for this? Useful link How Touch and Pay (TAP) got 1.5 million Lagosians to adopt cashless bus rides This episode was produced by Ogheneruemu Oneyibo and Gracious Sede Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.
About The Episode
Today on the Techpoint Africa Podcast we discuss how to enable a cashless economy in Africa, using Lagos, Nigeria as an example. Our guests, Co-founders of Touch and Pay (TAP), Afolabi Olamide (CEO) and Micheal Oluwole (Chief Growth Officer), explain how a single card could disrupt the future of payments, starting with the Lagos transport system. To advertise or promote your brand, visit this link or send an email to business@techpoint.africa Follow this link to download the Whistle app on the Google Play Store Explore the fintech in everything at The Fintech Summit 2022 Timestamps 00:00 - Intro 00:20 - We meet Olamide and Michael 02:47 - What Touch and Pay (TAP) is 06:25 - How TAP has evolved over time 10:24 - How this can help financial inclusion 17:33 - Are there enough people using this solution? 24:12 - Is this payment solution scalable to all forms of transportation? 28:03 - Let's talk numbers 29:53 - Will this work with other transactions? 35:19 - Why use a Cowry card when you have other options? 40:30 - What are the biggest challenges in payments in Nigeria? 46:04 - How has adoption been like? 48:58 - What's the future for this? Useful link How Touch and Pay (TAP) got 1.5 million Lagosians to adopt cashless bus rides This episode was produced by Ogheneruemu Oneyibo and Gracious Sede Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.
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