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Home Business News

[Mobile Financial Services] TagPay Emerges Africa’s Best Technology Enabler

Nairametrics by Nairametrics
February 16, 2016
in Business News
[Mobile Financial Services] TagPay Emerges Africa’s Best Technology Enabler
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The innovative French FinTech, Tagattitude, has won a Kalahari Award for its digital banking platform, TagPay at the 6th Remittance and Mobile Money Expo, held in Lagos, Nigeria.

The award recognizes TagPay as the best technology enabler platform. With Near Sound Data Transfer Technology at its core, the TagPay platform can turn any mobile device into a payment tool, without changing its hardware or software. Be it a feature phone or a smartphone, the end-client can save, send and spend his money freely, right at his fingertips.

Financial service providers use TagPay to offer financial services directly on their clients’ mobile phones, thanks to a wide variety of channels, including IVR, the web and sound. With this specific channel, there is no need to depend on the USSD channel controlled by mobile network operators to process mobile transactions.

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The TagPay digital banking platform manages all of the transactions that a bank needs: P2P money transfer, salary disbursement, bill payment, and transactions at the point of sale. TagPay also manages the entire branchless banking agent network, making it possible to follow and control all operations in real-time from headquarters.

Yves Eonnet, Tagattitude’s CEO, received the award in Lagos, saying that it  “was a great honor. The award recognizes the impact that TagPay’s technology can have in building new financial service ecosystems in Africa. We have built TagPay, bringing the best technology to the table, in order to help financial institutions reach their financial inclusion goals.”

Yves Eonnet presented the case study of the Trust Merchant Bank, in the Democratic Republic of Congo. The Trust Merchant Bank’s mobile financial service, Pepele Mobile, powered by TagPay, helps the bank reach the last mile and bank the vast unbanked populations of the country.

Tags: E-businessE-commerceE-paymentMobile MoneyTech
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