Infinix has just announced the launch of Infinix Wallet, a digital wallet app that integrates financial services and various payment scenarios into a simple and secure ecosystem.
The app allows users to easily conduct their usual financial transactions such as mobile phone top-ups, daily shopping, money transfers, and even credit and balance account completions, all within the palm of their hands.
Infinix co-developed the digital wallet with PalmPay, a leading pan-African fintech organization offering digital financial services through its innovative technology and service capabilities.
By combining their resources in financial technology, customers, and expertise in the industry, Infinix becomes the first smart device provider to launch a digital wallet in Kenya.
“We have benefited from the incredible developments of the digital economy and are fortunate to take a key role in building this digital ecosystem. PalmPay delivers its innovative financial technology and extensive service experience. Together, Infinix and PalmPay will provide consumers with an unparalleled digital financial service experience,” said Skye Chen, Head of Global Public Relations of Infinix.
“Infinix is a leading enterprise in terms of market power and brand influence among African consumers. The partnership between Infinix and PalmPay will accelerate the rapid adoption of digital wallets, and connect valuable and high-quality services to end-users in more countries and regions,” claimed Sofia Zab, Chief Marketing Officer of PalmPay.
Infinix Digital Credit Account: Instant Credit
Instant Credit is a digital credit account that offers a minimalist and convenient experience for Infinix mobile users. Instead of the traditional complicated process of a credit card, users can now quickly open an Instant Credit account with third-party financial institutions and use credit to pay as they go.
And that’s not even the best part. Instant Credit comes with a bunch of benefits such as zero processing fees, zero account management fees, zero annual fees, and free interest of up to 16 days.
Load Bank cards and Manage Funds
Infinix wallet also allows you to have full online management of all your banks cards. By loading your bank card into the wallet, you can check balances, transfer funds, pay for goods, make repayments and also classify your spending statistics. With the wallet, you have a clear view of your personal wealth management, income, and expenses.
Simple Digital Finances
The Infinix Wallet also integrates daily user spending including mobile top-ups, data, and utility bill payments, so that you can tap and pay and get on with your day.
Infinix currently collaborates with mainstream local service providers such as; Safaricom, DSTV, Kenya Power, and Nairobi Water.
Additionally, users will enjoy rebate benefits like cashback on payments, discounts, loyalty rewards, membership points, and more allowing them to spend less and save more.
Safe and Secure
In terms of security, Infinix Wallet comes with an all-around multi-layered security system safeguarding user privacy and payments ensuring customers can enjoy the service with peace of mind.
Infinix has installed some security parameters like making sure the user fully owns their data and is updated in case of any collection, usage, processing, retention, and deletion of their information.
The wallet is also fully compliant with GDPR and International information security standards including PCI DSS and ISO27001.
The Digital wallet also works with other third-party financial institutions besides PalmPay to continuously protect user funds through various means such as dynamic password verification, risk monitoring system protection, and more.
The Infinix Wallet will begin an alpha test and launch in May in Nigerian, Kenyan, and Ghanaian markets. The launch will later commence in Tanzania in July and Uganda, Cote d’Ivoire, and Senegal in September. Future releases will be announced on Infinix Social media channels.
Alfred Gitonga is a passionate tech news writer with a deep interest in smartphones and related technologies. He is a staff writer at Mobitrends.co.ke.
