It’s no secret that technology has made lives easy. In mobile payments, the advancements have been remarkable. However, the current technology for mobile payments has its set of hurdles, especially for using the multi-step process or when the smartphone hangs/freezes. Fintech startup Jireh Exim, specializing in mobile payment, has moved a notch higher by introducing a “handsfree” mobile payment option for customers called SlickPay.
Meeting the needs of a cashless society
World over, countries are fast switching to cashless transactions. Soon, the hard currency will become obsolete and technology will assist financial transactions across the world. SlickPay meets various payment methods such as phone bill, bank transactions, cryptocurrency, and credit cards. The startup uses a pipeline business model and is positioned as a unique service since all other services are hands-on.
According to a survey, the global fast-food market will rise to $691 billion, and drive-thru segment will also witness a high rise. Using SlickPay service will become even more feasible for customers driving through to pick their food with hands on the wheels! What’s more, you can make the payment while on a call too. All one must do is enter the PIN on their phone and the payment is made.
Simple to use
Unlike other payment apps, SlickPay simply requires a one-step payment of entering PIN only. The customer need not even hold the mobile in their hands! This can be especially convenient while driving or when the user cannot access the mobile directly such as passing through a Drive-thru. For a large percentage of society such as the elderly, using too many steps to make payments is a challenge. A one-click option takes care of that problem.
Jireh Exim’s team will be attending the GITEX TECHNOLOGY WEEK to be held from October 6 to 10 in Dubai, supported by the Korea Institute of Startups & Entrepreneurship Development (KISED). The GITEX is the biggest tech show in Middle East, North Africa and South Asia that attracts many prominent leaders from global companies, major media outlets, and influential investors.