CashAfrica Partners with Food Concepts for Tap-to-Pay in Nigeria
CashAfrica, a Nigerian contactless payment infrastructure provider, has partnered with Food Concepts, the parent company of Chicken Republic, to introduce mobile tap-to-pay services at Chicken Republic outlets throughout Nigeria. This phased rollout will commence in Lagos and later extend to Abuja and other locations.
Chicken Republic operates over 350 outlets and reported ₦60.9 billion ($45.7 million) in sales in 2023. Malik Asamu, CashAfrica’s chief executive officer, stated that this strategic partnership aims to mainstream mobile tap-to-pay services while enhancing the payment experience for users.
Previously, Nigerian users had limited payment options, including transfers, cards, QR codes, and cash. The partnership with Food Concepts follows CashAfrica's earlier collaborations with ChamsSwitch and PalmPay to improve regulatory compliance and expand contactless payment functionalities.
CashAfrica was founded in 2024 by Malik Asamu and Bello Opeyemi, providing infrastructure for banks and fintechs to integrate contactless transactions.
Plus234Feed summary based on reporting from TechCabal. Read the original report below.
Read full article
Continue on TechCabal
Get the week in one email
Top stories, NPFL results, the naira, every Friday morning. Free, one email a week.
Related Stories
TAP's Cowry Platform Processes N3 Billion Monthly in Lagos
Safaricom Launches Tap-to-Pay M-PESA with Pesapal Partnership
Tango Brook Expands Fuel App to Five African Nations
South African Reserve Bank to Launch Shared ATM Network
Tango Brook Technologies Expands to Five African Nations
Sunset Energy Launches Cashless Fuel Station in Abuja
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
