A few weeks ago, Infinix announced a digital wallet co-developed with PalmPay which is funded by Transsion Holdings, which owns Infinix. Today, TECNO is following suit with the announcement of the TECNO Wallet. TECNO is also under Transsion Holdings.
The new TECNO Wallet will come integrated with the soon-launching Camon 19 Series and will be a payment wallet and a finance app. The company says the Wallet will allow users to make easy and secure payments for a range of services including money transfers, airtime, data, bills, and shopping. These are the same features promised with the Infinix wallet.
TECNO says they’ve been running pilots in Nigeria in May, and expect a rollout in Kenya from mid June. The wallet will later on be available in Ghana, Tanzania, Uganda, Côte d’Ivoire and Senegal in the second half of 2022. Future TECNO smartphones will come with the wallet pre-installed.
The company is also promising cashback and promotional rewards alongside exclusive discounts and deals with merchants and retailers who’ll be on board.
What they said:
“As the consumers around the world transition from cash transactions to digital payments, TECNO Wallet will be a trusted tool that empowers every TECNO user to enjoy ultimate convenience and make easy, fast and reliable payments.” said Danni Xu, Global CMO of TECNO.