![]() “We have several nifty features that save our users time daily when doing financial tasks that are currently repetitive and are prone to errors,” adds Prince Boakye.īesides, payments are the basis of digital commerce, and Dash reports it is building what can be referred to as ‘payments as a platform.’ It enables businesses to digitize their services using the app.ĭash has also done the same thing with its savings product. Using Dash, you can set your, say Zuku bill to be paid on a given day, and the app will notify tou five days prior so you can choose to pay then. For instance, you satellite or fibre subscription is paid for monthly, and the companies behind them will remind you when your subscription elapses. For instance, comparing payments in the continent to that of developed nations, there are several key innovations that simply day-to-day lifestyle that cannot be found here.Īn example is recurrent payments. Our core team is from an engineering background, we prioritize simplifying processes and features that will make the current way of doing things easier and transparent,” says Prince Boakye.ĭash also brings up a very important point. So, we wanted to know the motivation behind going all-in in terms of features and services. So far, Dash appears to have it all, which is a very good thing for a growing application. One thing you will note is that the app is feature-packed, with a ton of options for the majority of actions we take when making payments. you might need to take additional steps to fully verify your account, such as entering your national ID number. Setting up the app is easy just start with your number, receive a verification code and set up your passwords and you are in. ![]() The Dash app is available for both iOS and Android users. The company has also raised $518K in pre-seed financing, and is currently taking part in Techstars NYC accelerator. “Card usage and adoption is still scant compared to Mobile Money due to the huge unbanked population so we decided to build a network on top of Mobile Money, akin to the way Visa/Mastercard have done with banks,” adds Prince Boakye. This will allow users on Dash to access services in a single app,” says Prince Boakye, Founder & CEOĪdmittedly, groups that have worked across different countries in the continent have reported their difficulties in completing transactions seamlessly because each state has a different payments method with different instructions, currencies and other limitations. “We’re however taking a page from AliPay/WeChat Pay’s playbook by building value-added services on top of our platform. This development means that as Kenyan Dash user can fly to Ghana and use his/her Dash account to transact in the country without the need to interface with Ghanaian mobile money wallets, that is, they don’t need to pick a new mobile-money enabled SIM card while in the West African state.ĭash says that its approach is borrowed from the likes of AliPay, but is original in its own way it is building value-add services on top of the product. The 6 have been completed in Kenya and Ghana. To this end, we all know that mobile money is a robust payments infrastructure – but according to Dash, the ecosystem is fragmented.ĭash adds that it is aggregating more than 200 mobile money wallets into a single wallet that can work and be used extensively in Africa.Īt the moment, Dash has integrated six wallets of the said +200 wallets. ![]() Kenya’s example is the most popular (M-PESA), having started operations back in 2007, and has since grown to cement the power of mobile money and its associated products. We know that mobile money services continue to grow across Africa, and are developed and distributed by carriers and banks. Dash says that it plans to do this by taking advantage of the continent’s Mobile Money network. We had a sit-down with the Dash team, which revealed the product’s development and plan as it targets to be Africa’s top payments app.Īs said, this is a fairly new product, whose focus is the development of a unified alternative payment network for people in Africa. ![]()
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