Go cashless, boost SA’s informal sector and reduce COVID-19 spread
This article has been supplied.
While financial inclusion has resulted in an unprecedented shift in global banking and redefined relationships people have with money, COVID-19 has unintentionally encouraged 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 coronavirus.
Clayton Hayward, co-founder and managing director, 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, the company would welcome broader use of its financial inclusion platform.
“Going cashless is getting harder to avoid. Almost all of the transactions done on a daily basis are via an App or platform. Ukheshe is a proven and massively growing platform, which makes paying and getting paid easier, and now safer and healthier too,” says Hayward.
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. Just follow prompts and going cashless will be easier than you ever realised,” 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,” says Hayward.
For more information about Ukheshe or to order your cards today, please visit www.ukheshe.co.za.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Sika South Africa is a trusted partner for the nation’s infrastructure, commercial, residential, and industrial sectors.
VISIT SHOWROOM
For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
