Nigerian fintech company Touch and Pay Technologies (TAP) has launched an interstate booking solution aimed at democratizing interstate travels from Nigeria’s most populous city Lagos, to other parts of the country.
The service which is now available to all formal and informal interstate travel operators within the country will now see passengers pay for their trips using the Cowry app, even if they are traveling through multiple states in the country.
TAP’s user-friendly interstate booking function on the Cowry app, automates the payment and allocation of seats and gathers valuable data on passenger booking and travel habits for use by transport companies to enhance their operations. The startup has also joined a partnership with the Lagos State Ministry of Transportation to accredit and get all inter-city bus parks within the state.
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This partnership will provide a unified system for regulating transportation routes, schedules, prices, and capacities which have been challenging for the state government and operators before now.
Speaking on the rollout of its new transport booking solution, Co-founder and CEO of Touch and Pay Technologies, Olamide Afolabi, said,
“TAP is proud to be the first service to level the playing field when it comes to transportation in Lagos. Commuters often need to reserve tickets in advance to avoid waiting in lines. In the past, bus passengers had to physically visit counters and engage with attendants to book and pay for their trips.
“This is no longer the case. Customers taking an interstate trip can now access the details of their journey, including the ability to buy tickets and select the seats of their choice, without ever leaving the comfort of their homes”.
Also commenting on the project, Co-Founder and Chief Growth Officer of Touch and Pay Technologies, Michael Oluwole said,
“Our interstate booking feature offers commuters convenience and enables transport providers to invest in enhancing interstate travel. By reducing the need for cash transactions, transportation companies can streamline their operations and reduce expenses. Our new app can be viewed as a win-win for both commuters and transport providers, as it contributes to a more effective and comfortable public transportation system.”
Launched in 2019, Touch and Pay Technologies (TAP), is a passionate new-age IT service company that is dedicated to quality and innovations with highly competitive cost, employing processes and methodologies that increase efficiency.
The startup integrates digital technology services to help communicate ideas, products, services, and information through end-to-end business solutions from idea, prototyping, production, quality checking, and product launches to its maintenance by leveraging the use of the NFC (Near Field Communication) technology.
The fintech startup has set out to build a unique mobile payment and services platform that seamlessly captures Offline and Online transactions. With a unique and robust dashboard and reporting backend system, the platform allows full visibility into all transactions performed. Also, its simple NFC technology helps to solve various problems faced by business owners from small businesses to large organizations such as product aggregation to payment settlement thereby ensuring a seamless flow among the players, hence making the market more attractive and more efficient.