CARVIVA TECHNOLOGIES INTRODUCES FUEL WALLET FOR DIGITAL PAYMENT
Read Time:2 Minute, 11 Second
Farouq Oduola A.
Fuel, such as petrol and diesel, is one of the most widely used energy sources in the world today and has integrated itself into Nigerian daily life. The significance of this “liquid diamond”—used to power everything from our cars to our cookers to helping to provide electricity—can never be over-emphasized. As a result, it is accessible at stations throughout the nation.
Despite the fact that there are filling stations everywhere, there are only two viable methods of payment for fuel in the country: cash or a debit card.
It is impossible to purchase fuel in a case where you don’t have any of these payment options, such as when you forgot your debit card at home or when you are short on cash.
An all-inclusive system, Carviva Fuel Wallet uses mobile phones to process payments. Carviva fuel wallet is an invention of Carviva Technologies Limited, an AutoTech company committed to resolving problems among vehicle owners. This is the present and future of digital fuel payments in Nigeria and Africa.
The company’s founder, Ayodeji Zubair, was filled with enthusiasm as he discussed the invention with hotjist.com. As someone who seeks to address all the issues that having an automobile raise, Zubair thinks the innovation is the new norm that everyone will welcome with open arms.
According to him, “Carviva Fuel Wallet is a cashless and card-less solution that effectively turns every mobile phone into a virtual wallet for buying fuel and gas at filling stations.
“Our idea is simple. We want car owners to buy fuel and gas at any participating filling station without the need of a bank debit card or cash.
“Our innovative solution is the first of its kind mobile phone wallet and fully digitized OMNI channel Fuel Wallet for millions of car owners and filling stations across Nigeria.”
It’s simple, safe and secure channel that reduces or eliminates cash handling by car owners and filling stations in Nigeria.
“Once you have access to the internet, after setting up an account, top off your wallet, and you’re good to go,” he explains.
“With this approach, all you need to purchase fuel is your mobile number, which acts as your QR code; as a result, a debit card is not required.
“Multiple layers of security have been incorporated into the Carviva Fuel Wallet to guard against fraud and theft.”
Whether or not they are viable, innovations in Nigeria are typically out of reach for some people due to their high price. However, the Carviva Fuel Wallet checks all the right boxes without costing a anything.
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