A financial technology company in Nigeria, TATUP international services limited (TISL) has launched its cash deposit token and voucher cards to facilitate self -enabled cash deposits and transfer outside the banking halls, with ease and convenience.
The launch, held in Lagos also featured the official unveiling of the company’s licensed franchise holders and dealers.
Founder and CEO of I & I Investment Limited, TATUPs licensed franchise holder for Lagos East and South Eastern region of Nigeria, Ijezie Okwudili, said the new financial technology could be regarded as the new oil in Nigeria in which anyone who taps into it will benefit immensely with the goal of becoming a wealthy investor in Nigeria.
Okwudili said: “Whenever we see a great innovation, we have to embrace it and never undervalue it. TATUP is a great innovation, which we can describe as the new oil on which l will urge every one of you here to tap into because, in a few weeks or months’ time , it’s going to be everywhere while those who took the ample opportunity now will begin to benefit from it soon.
“I am in this business as a franchise holder because l can collect my cash myself from anywhere, if l need to do transfer from the comfort of my bedroom with a laptop , l can send money anywhere in the world.
Speaking on the occasion, the President/Chief Executive Officer of he company, Etuk Happiness Udoh, said the product strived to eliminate the barriers that exclude people from participating in the financial sector and it is therefore using these services to improve their lives
Etuk Udoh also said the occasion was to showcase the beginning of new technology in the financial services sector and that it is the first of its kind in Nigeria.
He stated: “We have looked at the problem in the financial services sector and have decided to solve part of the problems through TATUP cash token service . With this, there will be decongestion of the banking hall , nullification of time, money- wasting and the achievement of the stress less transaction. “This event is to unveil the birth of a new product in the financial services sector and it is the first of its kind in Nigeria. So, today, we are gathered for public awareness.
“Furthermore, there is the general acceptance of the product, which we have seen to be awe-inspiring and here , we can say that it will positively impact the nation’s economy as we thrive to create over 20,000 jobs in the space of 12 months as we also unveil the product in other states in Nigeria .
“However as an emerging market, we are here to serve the under served and unbanked population in Nigeria.”
Also speaking on the occasion, the Vice- Chairman of the company, James Okocha, said TATUP has come to bring convenience to the processes of transactions which can be done with your mobile phone anywhere or time around Nigeria,.
Okocha also disclosed the company’s drive to create jobs by recruiting thousands of agents nationwide as part of the vision from the company.
“I will say TATUP has come to solve a problem and bring ease and convenience like never before in Nigeria to the process of transactions as ought to have TATUP cash deposit, the service charge is low and very competitive as compared to other players in the industry. The dream is to transform all mobile phone into something more like automated teller machines (ATMs)”, Okocha said
The TATUP’s Vice-Chairman further said: “One of the unique things about the TATUP platform is that it has the authentication technology which switches automatically to correct errors that may arise in the process of transactions.
“TATUP has the licensing of the Central Bank of Nigeria and is in partnership with UBA for the deployment of all equipment and required brand tools to our agents and franchisees , the technology is secured firmly to the point that it cannot be hacked. Also we have every security checks intact as a way to mitigate money laundering and all forms of fraud.”