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.
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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?
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 firstname.lastname@example.org. Visit www.techpoint.africa for more stories.
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