Somalia’s 1st Tokenized NFC Wearable Payment Solution Debuts
IT News Africa | Mamsi Nkosi - Oct 18, 2024
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  • Launch of Tap2Pay by Premier Bank, Mastercard, and Tappy Technologies.
  • Introduction of tokenized passive payment wearables in Somalia.
  • Wearables enable safe, contactless transactions using NFC technology.
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The launch of Tap2Pay represents a significant advancement in the payment landscape of Africa, particularly in Somalia. It not only enhances consumer convenience and security but also reflects the growing trend of integrating technology into daily life. This initiative could serve as a model for other regions looking to improve financial inclusion through innovative payment solutions.
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