Chipper Cash Innovates Non-Cash Handling Solution For Africa

Africa’s tech innovators offering low cost and more advanced tech solutions have taken a lead in developing solutions to curb the spread of the virus.

One such innovation is Chipper Cash, which enables customers to send and receive money across the African continent at no fee that has significantly assisted in reducing the physical handling of cash.

Developed in the heart of the Silicon Valley in San Francisco by Uganda’s Ham Serunjogi and Ghana’s Maijid Moujaled, Chipper Cash was inspired by the need to offer fast and cheap mobile payment solutions in Africa, and was launched Chipper Cash in October 2018.

The Co-founder and CEO of Chipper Cash, Ham Serunjogi noted, “Our education and life experiences abroad drove us to think of ways we could leverage growing up on the continent to create a major impact, hence Chipper Cash was born.”

In Kenya, seen as a world leader in digital payments and where mobile payment penetration is estimated at over 70%, Chipper Cash has taken off by offering a payment solution that is targeted at people living and working across the African continent.

“Chipper Cash is enabling Africans to transfer and receive money across Africa in a fast, free, and easy way right from their mobile phones. We hope to expand this untapped opportunity in Kenya and continue bringing Africa together, one transaction at a time,” Serunjogi added.

So far, Chipper Cash has its foothold in Kenya, Ghana, Uganda, Tanzania, Rwanda, Nigeria, and South Africa and has over 1 million downloads from the Android Play Store. Also, over 3 million transactions have been successfully completed since its inception.

Customers in Kenya can transfer money of up to 2 million Kenyan Shillings per day or 15 million Kenyan Shillings per week. Chipper Cash is available on both Android and iOS mobile devices and offers benefits such as:

• Free for everyone, every time-no transaction costs for local or cross-border transfers
• Buy discounted airtime of 2% on most mobile networks across Africa
• Send money to someone who doesn’t have a Chipper Cash account
• Send and receive money from any network
• Chipper Cash is easily linked to your contacts
• Refer your friends to Chipper Cash to expand your network of those you can send to and receive from for free

The World Health Organization, (WHO), recently reported that Africa would see coronavirus cases rise from current thousands to 10 million within three to six months. While in most African nations, governments have undertaken extreme health measures such as sensitization campaigns, lockdowns, curfews, and the production of test kits and masks, the Information and Communications Technology (ICT) sector has not been left behind in developing digital solutions to meet the unprecedented challenges of the coronavirus.