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March 28, 2017

Rwandan business owner chooses ‘tap and pay’

https://youtu.be/o9GLM9TxlDQ An innovative and eco-friendly company in Rwanda has chosen NFC-powered ‘tap and pay’ mobile money as the only accepted method of payment for its services. Pikiwash is a new motorcycle taxi wash company in Rwanda that uses a modern, enclosed, semi-automated machine that recycles the water it uses – up to 60 washes. Its eco-friendly technology was developed by MIT researchers, and the business concept was part of the founders’ own university research project. Pikiwash only accepts payment via MTN Rwanda’s mobile money Tap&Pay service, because it simplifies record keeping and fraud management. MTN Tap&Pay is powered by near-field communication (NFC) technology developed by Youtap. A CNBC Africa video here features an interview with Pikiwash’s founder and CEO, Junior Kanamugire, discussing his business idea and the market for his company’s service.

March 28, 2017

Rwandan business owner chooses ‘tap and pay’

https://youtu.be/o9GLM9TxlDQ An innovative and eco-friendly company in Rwanda has chosen NFC-powered ‘tap and pay’ mobile money as the only accepted method of payment for its services. Pikiwash is a new motorcycle taxi wash company in Rwanda that uses a modern, enclosed, semi-automated machine that recycles the water it uses – up to 60 washes. Its eco-friendly technology was developed by MIT researchers, and the business concept was part of the founders’ own university research project. Pikiwash only accepts payment via MTN Rwanda’s mobile money Tap&Pay service, because it simplifies record keeping and fraud management. MTN Tap&Pay is powered by near-field communication (NFC) technology developed by Youtap. A CNBC Africa video here features an interview with Pikiwash’s founder and CEO, Junior Kanamugire, discussing his business idea and the market for his company’s service.