Tingg’s all-in-one payment model seeks to revolutionize the way consumers interact with payment services in the region
Leading technology firm Cellulant on Tuesday announced the launch of Tingg, a consumer payment, commerce, and financial services app.
In Kenya, Tingg offers third-party service from utility payments for water, electricity, airtime and PayTv through partnerships with; KFC and Simbisa Group, (Pizza Inn, Chicken Inn and Creamy Inn) to offer Tingg Food, and with Go Beba to offer gas delivery under Tingg Assisted Shopping.
Consumers can access Tingg by dialling *369# or download the app to also create and manage investment groups (chamas) and fundraisers (Changa) for weddings, funerals, education harambees.
Ken Njoroge, co-CEO, Cellulant said: “Recent statistics indicate that roughly 62 percent of sub-Saharan Africans are unbanked. However, even those of us who are able to open bank accounts often face challenges such as high transaction costs, fragmented markets, and inconvenient payment options. It is for this reason that we have built a digital commerce platform that tackles not only the access problem but also offers a variety of financial services and improved user experiences.”
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Bolaji Akinboro, co-CEO, Cellulant, highlighted: “Currently, Africa moves more money on mobile phones than any other economy in the world and has a growing interest in digital financial solutions. Our team believes that this gives our region the unique opportunity to lead the way in developing robust financial platforms that can be customized to the needs in each country or locality while infusing cutting-edge technologies such as Blockchain, Artificial Intelligence and Augmented Reality.”
Now available in Nigeria, Kenya, Ghana, Uganda, Tanzania, Mozambique, Zambia and Botswana, Tingg becomes Cellulant’s new unifying brand identity that will deliver on the company’s promise of a robust single payments platform for Africa’s marketplace.