The Near Field Communication (NFC) payment feature for drivers is now being rolled out by Little App in Kenya.
The functionality is being made available thanks to a collaboration between Visa and Absa Bank.
Customers can make payments by simply tapping their contactless debit or credit cards on the driver’s Android phone or tablet using the Mobi Tap software, which is a solution offered by Absa and turns a smartphone into a point of sale (POS). This payment option is made possible thanks to Absa’s Mobi Tap app solution.
“We are thrilled to announce our collaboration with Absa and Visa, two industry leaders in their respective domains,” said Mr. Kamal Budhabatti, CEO of Little App.
“The introduction of the NFC payment feature reinforces our commitment to revolutionize convenience and efficiency within the ride-hailing industry. By incorporating Visa’s renowned expertise and Absa’s local insights, we are confident that this partnership will greatly enhance our users’ payment experience,” he said.
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How the new payment works
Once the driver has input the amount of the transaction, according to a press statement that was distributed by the company, you should place your contactless card right under the driver’s phone and hold it for a brief period of time for the connection to be successful. Wait for the confirmation to appear on your Little App after you have finished making the payment. The confirmation will be displayed there. After that, you will be able to verify that the payment was received by the driver.
Elizabeth Wasunna-Ochwa, the director of business banking for Absa Bank Kenya PLC, praised the new payment function as another market-first solution that integrates state-of-the-art security safeguards. These features will provide a secure and dependable medium via which cab drivers may receive payments.
According to Little, this NFC functionality has been painstakingly built to maximize payment experiences, hence boosting the overall efficiency of transactions for users of the Little App as well as drivers. Starting today, users in all of the participating cities will be able to access it through the Little App.
Little App is a ride-hailing service that operates in Kenya, Uganda, Tanzania, Ethiopia, Somalia, Senegal, Ghana, and India. In addition to providing solutions for mobility and payment, the app also facilitates the delivery of packages.
How Little App can secure the future of children
By utilizing Little as a platform for financial education, parents have the potential to develop generational wealth with the help of Little. Parents are able to educate their children about personal finance topics such as budgeting, saving, and spending responsibly by using Little. This can be accomplished by include children in regular conversations about various aspects of personal finance and giving them a say in the formulation of household spending plans. Little enables parents to establish savings goals, which encourages children to save a portion of their allowance or gift money towards particular objectives such as saving for a holiday or saving up to buy a book. The goals that can be set by parents are as broad or as specific as the parents want them to be. In this way, parents teach their children the importance of putting money down for the future.
In addition, the site has functionalities for the management of a regular allowance, which teaches children how to budget their money and allot it to different kinds of spending. These tools are vital in the process of cultivating responsible financial behavior.
Little’s financial tools may also be used by parents to track and supervise their children’s spending, helping parents teach their children the significance of keeping a close check on finances and making sure that money is spent responsibly. Parents can teach their children work ethic and responsibility by tying allowance or other prizes to their children’s completion of tasks. They instil in their children the principles of putting in hard work and earning money by connecting cash incentives to academic accomplishments or household tasks. Importantly, every single monetary transaction that takes place on Little is encrypted, giving parents the piece of mind that their children’s money is being managed in a responsible manner.
About its most basic form, Little functions as an all-encompassing resource for instructing children about topics related to money management, savings, and investing. It gives parents the opportunity to impart priceless knowledge and resources to their offspring, so putting the next generation on the path to amassing generational wealth and achieving economic autonomy.