About Touch and Pay Technologies

Touch and Pay Technologies provides NFC-powered solutions to facilitate microtransactions across various sectors in Africa, enhancing financial inclusion and literacy. The company addresses the challenges of cash dependency and limited access to digital payment systems by offering both offline and online payment options through its Cowry card and app.

```xml <problem> In many African nations, cash remains the dominant form of payment, hindering financial inclusion and transparency, particularly for micro-transactions. Limited access to reliable internet connectivity further restricts the adoption of digital payment solutions, especially in sectors like transportation, healthcare, and education. </problem> <solution> Touch and Pay Technologies (TAP) offers a suite of NFC-powered solutions designed to facilitate micro-transactions both online and offline, promoting financial inclusion across Africa. Their core product, the Cowry card and app, enables users to make payments in areas with limited network connectivity, addressing a key barrier to digital payment adoption. By providing accessible and user-friendly payment options, TAP aims to increase financial literacy and drive the transition from cash-based transactions to a more digital economy. The platform supports various sectors, including transportation, healthcare, education, and agency services, creating a versatile payment ecosystem. </solution> <features> - Cowry card: An NFC-enabled card for offline payments, ideal for areas with unreliable internet access. - Cowry app: A mobile application for online payments, providing a digital wallet for users. - Support for micro-transactions across diverse sectors, including transportation, healthcare, education, and agency services. - Solutions designed to function effectively in environments with limited internet connectivity. - Focus on user experience to encourage adoption and increase financial literacy. </features> <target_audience> TAP's primary customers are individuals and businesses in Africa seeking accessible and reliable solutions for micro-transactions, particularly in sectors where cash is still prevalent. </target_audience> ```

What does Touch and Pay Technologies do?

Where is Touch and Pay Technologies located?

Touch and Pay Technologies is based in Lagos, Nigeria.

When was Touch and Pay Technologies founded?

Touch and Pay Technologies was founded in 2017.

How much funding has Touch and Pay Technologies raised?

Touch and Pay Technologies has raised 10000.

Location

Lagos, Nigeria

Founded

2017

Funding

10000

Employees

107 employees

Major Investors

Ecobank Fintech Challenge

Find Investable Startups and Competitors

Search thousands of startups using natural language

AI voice (2021+)underground pipe robots energy flexibility software

Start Searching

Touch and Pay Technologies

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

touchandpay.me 3K+

Crunchbase

Founded 2017 – Lagos, Nigeria

Funding

Estimated Funding

Major Investors

Ecobank Fintech Challenge

Team (100+)

No team information available.

Company Description

Problem

In many African nations, cash remains the dominant form of payment, hindering financial inclusion and transparency, particularly for micro-transactions. Limited access to reliable internet connectivity further restricts the adoption of digital payment solutions, especially in sectors like transportation, healthcare, and education.

Solution

Touch and Pay Technologies (TAP) offers a suite of NFC-powered solutions designed to facilitate micro-transactions both online and offline, promoting financial inclusion across Africa. Their core product, the Cowry card and app, enables users to make payments in areas with limited network connectivity, addressing a key barrier to digital payment adoption. By providing accessible and user-friendly payment options, TAP aims to increase financial literacy and drive the transition from cash-based transactions to a more digital economy. The platform supports various sectors, including transportation, healthcare, education, and agency services, creating a versatile payment ecosystem.

Features

Cowry card: An NFC-enabled card for offline payments, ideal for areas with unreliable internet access.

Cowry app: A mobile application for online payments, providing a digital wallet for users.

Support for micro-transactions across diverse sectors, including transportation, healthcare, education, and agency services.

Solutions designed to function effectively in environments with limited internet connectivity.

Focus on user experience to encourage adoption and increase financial literacy.

Target Audience

TAP's primary customers are individuals and businesses in Africa seeking accessible and reliable solutions for micro-transactions, particularly in sectors where cash is still prevalent.