Snapscan is presenting new creative features. After the QR code, the organization offered another new payment option. It's an application, that permits exchange through Bluetooth, accessible to clients to be more effective and quicker.
Firepay launched SnapScan in partnership with Standard Bank in 2014. The SnapScan app allows users to pay for goods and services using only their mobile phone. Today, the company has 32 000 physical and online merchants.
In 2013, SnapScan launched one of the first mobile payment apps in South Africa. By combining our ingenuity with Standard Bank's impressive financial infrastructure and expertise, SnapScan has been changing the way South Africans pay and get paid - one snap at a time.
In the article, we notice that QR codes struggled at first, but in the end, they did a good job in developing and making their platform better and attractive.
Snapscan did a good job focusing on their client by demonstrating to them that a basic application would accomplish the work that regularly is tedious and requires cards. By doing this, the company caught people's attention to try out their platform.
SnapScan may make mobile payments easy for users, says Ehlers, but the reason why the company has been so successful in South Africa is that it makes processing the payments easy—and cheap—for sellers.
No need to carry cash, wait for the card machine or enter your card details with every online purchase. With SnapScan you can use your smartphone to make payments, send money to friends and earn UCount rewards points.
WorldRemit, the London startup that has focused on enabling competitively-priced, quick money transfers from migrant workers and immigrants living in developed countries back home, typically in developing countries, has raised $175 million in a Series D round of funding from TCV, Accel and Leapfrog.
WorldRemit is known for giving its clients reasonable cash moves with charges that are regularly lower than standard fees. Besides, the transfer is secure and fast.
Our new cash pick up service in Lebanon will allow people in the diaspora to send money to be collected as cash at trusted, dependable financial brands back home.”
Since WorldRemit expanded its services in Lebanon, individuals from various nations will have the possibility to transfer money to a larger number of countries.
Women constitute the majority of remittance recipients globally and remittances have an impact on both women’s actual income as well as on social norms
“According to the World Bank, over 80% of the Malawian population live in rural areas. Our new partnership offers recipients a variety of convenient cash pickup locations across the country, and our digital model drives down the cost of remittances as senders do not have to visit a traditional offline money agent.”
WorldRemit is growing and trying to launch new services in Nigeria. This new service will let the Nigerian send money rapidly and securely to 36 Nigerian states.
“International remittance is a very important mobile money service in Africa, and our partnership with WorldRemit will bring international remittances directly to Huawei’s customers across the continent,” David Chen, Vice-President of Huawei Southern Africa, said in a statement.
I found the partnership between WorldRemit and Huwaei really interesting. This association will push the organization to be seen as a global organization that permits advanced fund transfer. Partnerships always help the business to grow further.