FinTech
TelOne Should Liberate TelPay
Gone are the days when we would rely on traditional methods of payments, such as cash and cheques. The advent of computers and mobiles have not only changed the way we work, but also how we manage our financial aspects and payments.
Monetary transactions in the Zimbabwean economy are now dominated by electronic payment systems with more than 96 percent of local transactions now being conducted through plastic, internet and mobile money.
Over the next ten years , we’re set to see even faster changes in the payments landscape, building on the accelerating growth in electronic payments and the advent of new and disruptive market players. And the emerging markets will be at the forefront of this payments transformation.
TelOne has got a great product, TelPay , which I mostly use for paying TelOne one product like DEOD , TelOne services, and other bills like ZESA. Customers can pay using using MasterCard, VISA, Ecocash and Telecash.
I have been using Telpay for a year now and it’s a great product but….
I strongly feel TelOne should liberate TelPay, and make it a stand-alone product that can be used by third party ecommerce players and even grow into a ZimSwitch competitor.
These days, practically anyone can run an online business – all that you need, really, is a website.
And, with the rise of the user-friendly WordPress CMS and simple-but-powerful shopping cart functionality courtesy of WooCommerce, even non-technical individuals can put together an aesthetically pleasing, fully functional website.
When $$$ is involved, you want your customers’ purchasing experience on your site to be as seamless and positive as possible which includes, at its most essential, the checkout experience and TelPay offer just that.
Telone should create Joomla and WordPress plugins that digital players can use on their websites and telone one can get a commissions for ever time Telpay is used. The commission can be a fixed figure like 2.9% + $0.30 transaction fee which is on par other international payment gate ways like PayPal. TelPay transactions are handled on-site giving users’ complete control of the checkout process. Money received is transferred into your bank on a two-day rolling basis – no manual withdrawals required.
It’s a no-brainer, but people are not going to just fork over sensitive financial information to sites that look shady. TelPay is a payment gateway that’s reputable and provides safe checkout experiences for your customers. And we hope Telone makes the right decision and liberate Telpay
Pardon has been a technology enthusiast his entire life and has spent the better part of last decades in information technology and security, and he writes with an aim to remove some of the "mysticism" from the cyber world. He’s the Editor at Techunzipped. Away from the keyboard, you're likely to find him playing with the latest gadgets or the latest Game.
