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TECNO introduces TECNO Wallet to provide digital financial support

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TECNO introduces TECNO Wallet to provide digital financial support

TECNO has its entry into the financial sector, through strategic alliances with third-party financial institutions, with the launch of TECNO Wallet, a finance and payment wallet application created for its devices and integrated into the CAMON 19 series of phones.

TECNO Wallet will allow users to make easy and secure payments for a variety of services including money transfers, airtime, data, bills and purchases.

It also announced several major product previews in its upcoming CAMON 19 series. The company, which recently won an iF Design Award 2022 for its outstanding product innovations, including an ultra-thin bezel and its fantastic triple-camera dual-ring design, revealed it is among the first to make Android 13 beta available on its latest CAMON. 19 Pro 5G.
The new series of devices will include original technology, such as an RGBW + glass camera sensor, which has been co-developed with Samsung, as well as a next-generation dual-ring triple-camera design.

Its goal is to build a digital and financial hub and lifestyle platform that aggregates products, services, and merchants from across the market, allowing TECNO users to transact access credit, and enjoy rewards and exclusive promotions as soon as they arrive. open your smartphone.

TECNO Wallet will be available for download on select existing device series and will come pre-installed on new TECNO smartphones, including the upcoming CAMON 19 series due to be introduced in June 2022. to Kenya in mid-June. Future releases will include Ghana, Tanzania, Uganda, Code d’Ivoire, and Senegal in the second half of 2022.

According to a 2022 global study by VISA (https://vi.sa/3MwhUFY), more than 40% of consumers have already adopted cashless transactions or will only use digital payments in the next two years. Additionally, 59 per cent of small business owners stated that they plan to exclusively accept digital payments within the same time frame.

“As consumers around the world make the transition from cash transactions to digital payments, TECNO Wallet will be a reliable tool that will allow all TECNO users to enjoy maximum convenience and make easy, fast and reliable payments. ”. said Danni Xu, Global CMO of TECNO.

Key features of the TECNO wallet

A smarter way to pay: TECNO Wallet allows all TECNO smartphone users to pay for anything, anywhere, conveniently and securely. The Wallet introduces a new integrated digital payment experience that makes the payment process for data, airtime, bills and purchases fast and reliable. Digital finance reimagined: TECNO Wallet is the easy way to go cashless. Consumers can use Wallet to manage their everyday transactions, like paying for airtime and buying groceries at the touch of a button, as well as access innovative financial services, all in one super app. All your money in one place: The Wallet helps consumers manage their finances in one place by connecting their existing cards and bank accounts to the app. Major card schemes and support financial institutions on the continent. Instant Credit – TECNO Wallet integrates a revolutionary digital Instant Credit service that allows its users to access a line of credit in seconds and enjoy an interest-free period of up to 16 days promoted by authorized financial institutions. Traditional requirements like paperwork, guarantors or fees are eschewed in favour of a data science-driven approach that will allow customers to quickly access credit and increase their limit based on their payment behaviour.

In the near future, TECNO Wallet will also offer cashback and promotional rewards, along with discounts and deals with participating merchants and retailers.

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