Block title

-

Go cashless, boost SA’s informal sector and reduce COVID-19 spread

- Advertisment -

COVID-19 has unintentionally encouraged an increase in cashless spending. As a result of the World Health Organisation (WHO) announcement, people are being advised to use contactless technology instead of cash, as banknotes may be spreading the coronavirus.

 

Clayton Hayward, co-founder and managing director of Ukheshe, a micro transaction platform that allows you to pay and #getpaid, says that while the business has been focused on empowering the under-banked and unbanked, broader use of this financial inclusion platform will be another addition in the efforts of slowing down the spread of the coronavirus.

 

Going cashless is getting trickier to avoid. Almost all the transactions done daily are via an App or platform making paying and getting paid easier, and now safer and healthier too.

 

According to the WHO, the infectious COVID-19 virus could be carried on the surface of banknotes for several days. To stop the spread of the disease, WHO urges people to use contactless payments where possible, and wash their hands after handling cash.

 

“We have made our platform user-friendly and extremely easy to use. says Hayward. “If we all take extra precautions, it will minimise the impact of COVID-19, while also growing South Africa’s cashless base. This in turn boosts the informal economy, which in South Africa, is significant and much needed. Read more on www.ukheshe.co.za.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest articles

Coronavirus-themed security attacks on the increase

By Indi Siriniwasa, Vice President at Trend Micro Sub-Saharan Africa When there is a crisis, there are those who will try and take advantage. Unfortunately,...

IoT will become the biggest user of edge computing amidst increasing security concerns

From less than $1.5 billion in 2017 to an anticipated $9 billion by 2024, the worldwide edge computing market is set to show significant...

ICASA calls on licensees to make communication services more freely available, while making regulatory concessions

Considering the recent developments with regards to the spread of the COVID-19 pandemic, the Independent Communications Authority of South Africa (ICASA) has written to...

Nine South African students attended US Space and Rocket Centre for 10th annual space camp

Nine South African students recently travelled to the U.S. Space and Rocket Centre (USSRC) in Huntsville, Alabama, as part of the 10th annual Honeywell...

The global outbreak of COVID-19 has brought the world’s digital divide into sharp focus.

ITU News reports that the Internet is a vital communications tool for people and communities affected by the outbreak of the Coronavirus. As schools...

Cybersecurity in automotive industry presents a major challenge

Luxury vehicles are not exempt from cyber-attacks, even if a vehicle is designed with state-of-the art security and maintained with over-the-air software updates during...
- Advertisement -

Surveillance and security service providers must be PRiRA accredited

Any business operating as a surveillance or security service provider, be it for the installation, configuration, support and monitoring of CCTV equipment, for a...

Go cashless, boost SA’s informal sector and reduce COVID-19 spread

COVID-19 has unintentionally encouraged an increase in cashless spending. As a result of the World Health Organisation (WHO) announcement, people are being advised to...

Free coronavirus legal and risk guide

webberwentzel-coronavirus-bookletWebber Wentzel has prepared a legal and risk coronavirus guide in collaboration with their alliance partner, Linklaters. The guide offers practical tips to consider...

Space science: Cosmic rays are increasing at aviation altitudes

Over the past three years, cosmic radiation at aviation altitudes has increased by 12%. In January 2020, students of Earth to Sky Calculus and Spaceweather.com travelled to...

Ethical hacking now part of BT security advisory services

British Telecom (BT) Security’s ethical hacking team provides ‘penetration testing’ or ‘red team’ services, using the same tools and techniques as cybercriminals to attack...