Benefits for recipients of digital payments
- Lower Costs
- Increased control
- Increased incentive to save
- Increased risk management
- Improved speed and timely delivery
- Increased security
- Increased financial inclusion
- Increased women empowerment
TagPay is compatible with all feature phones and smartphones on the market
Of the 2 billion people who do not have formal bank accounts, 1 billion already have a phone. By using the mobile phones that are already in the hands of the poor, financial services can be set up in a cheap and extremely innovative way.
Social entrepreneurship: TagPay's DNA
Tagattitude believes that disruptive innovation for the banking sector will come from the bottom of the pyramid. Professor Yunus has been pushing to bank the unbanked since the 80's, with microloans from the Grameen Bank. Today, the mobile phone is transforming the way we are able to offer financial services to the poor. TagPay is at the center of this innovative process.
Reaching A common goal: Financial Inclusion
Financial inclusion gives people the tools to manage their money. The goal is to move people away from a costly and risky cash-based economy in order for them to have greater security and start saving for the first time.