THISDAY

Tally Launches Innovative Mobile Payment App

- Sunday Ehigiator

Tally yesterday officially launched its innovative mobile payment app, GetTally, on the Google Playstore, providing a smarter, faster, and more cost-effective way of making payments, and tracking card-based transactio­ns.

With Tally, customers can tokenise any bank cards, generate an equivalent QR code and use the cards at thousands of merchant locations already available nationwide, and without physical dedicated point of sale terminals.

"Tally is a game-changer in the payment industry, and we are thrilled to have launched a solution that simplifies the checkout process for both merchants and customers," said the Tally team. The company’s Managing Director, Tayo Oresanya, while speaking during a virtual launch, said "We believe that Tally will revolution­ize the way we perceive and execute payments, and we invite everyone to join us in this revolution.

“With Tally, customers can track and manage their transactio­ns directly from the app, giving them full control of their payments. They can also locate the thousands of merchants nationwide who can process their Tally QR codes, right from the app

“Tally is expected to offer much more including easy and free peer-topeer payment, investment tools and access to low-cost financing based on card transactio­n history. The app connects cardholder­s to SMEs as merchants without POS devices can use Tally for a faster and smarter solution to their payment needs.”

The launch event provided an opportunit­y for attendees to interact with the Tally team, ask questions, and gain expert insights into the innovative technology. The event was a major success, with attendees expressing excitement about the convenienc­e and efficiency that Tally offers.

“Tally is now available for download on Android devices. Join Tally and experience the convenienc­e of a smarter, faster, and more cost-effective way of making payments,” he added.

Oresanya, said the app brings to banked customers a lot of advantages including better security against loss of debit cards, faster digital services and a single interface to accommodat­e all their debit cards from different banks.

According to him, “The ‘Get Tally’ app is focused on improving financial inclusion, considerin­g the limited access to innovative financial services; we have been challenged in the digital banking sector to come up with easy to use the app, particular­ly an app that will help digitise our cards.

“An app that will digitise every single card that we have, and all route in one app, and the customer is the one in focus will find it more convenient to transact.

“According to CBN statistics, in 2021, 96.8 per cent of adult Nigerians still use cash as their primary payment method. From a population of 210 million people, this per cent represents close to 200 million people still using cash as their primary payment method.

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