DPG-Soft solutions Ltd., a tech company, has launched a digital payment software application called “Tokens” to ease offline payment transactions.
Philips Nguzor, chief executive officer of the firm, who unveiled the app on Monday in Benin City, said it was conceived in light of the push towards a cashless economy with a view to addressing the hindrances in payment system.
Nguzor explained that Tokens was designed for offline payment transactions offering unparalleled speed and reliability with top notch security for the populace.
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“It will make life easier for our market women because they can use it without data. I observed that many who still go to the bank to queue, do that because they need cash for shuttling buses. It is understandable because no commercial driver can wait for a transaction to be confirmed. However, this app has come to solve the challenge because the confirmation is instant.
“It is a software that bypasses all the difficulties experienced in online transactions; it works either with or without a mobile network. What is required is for the users to enable their Wi-Fi,” Nguzor added.
He, however, assured that measures have been put in place to ensure a safe system and transaction, saying “we are improving our security. We can assure you that as at today, the app is safe and secure.”
