From John Silas

Zinger Technologies Ltd with head office at 18, Manzini Street, Wuse Zone 4, , FCT, Nigeria, has stated that its Zinger Wallet is designed with the mandate to maximize profit.

In a release, the company said “ZINGER WALLET Businesses have a mandate to maximize profits. One way to achieve that is by minimizing costs, managing staff and resources and retaining, or even increasing productivity at the same time.”

It said Zinger is a platform which helps businesses receive payments in a reliable, quick and cheap way while providing easy management of staff, departments and customers, adding that customers want seamless services at little or no cost while receiving freebies and rewards for their loyalty, at the same time, Zinger gives customers an easy and innovative way of making payments and managing finances.

The company went on to state that its payment options are ahead of its competitors

Charge per transaction, Stamp Duty, Business owner have to confirm payment, Security cost, Cost of Maintenance and Risk of scam are all well taken care of Businesses must pay for a safe to keep the cash, pay for security to guard the cash and pay for transportation to get the cash from the physical place of business to the bank. These things devalue cash.

Bank transfers has two issues; Unavailability of business owner to verify customer payments and Risk of fraud.

POS terminals are unpredictable, and suffer from network fluctuations, and high maintenance, transaction and acquisition cost.

With Value Proposition of combining a unified payments system with a management system for individuals and businesses, allowing businesses to link other Zinger users’ accounts to theirs as staff or affiliates.

This enables business owners to have a complete overview of payments where staff can verify payments without being physically present. 

Business owners and individuals can also view holistic data on their earnings, spending, customers, staff, departments, and more to help with business decisions and strategies.

We have zero charges on all bill payments and have cheaper packages than what the service providers are providing (e.g. Zinger allows users to buy MTN 500MB data for ₦200 for 30 days but this option does not even exist on MTN’s platforms).

Zinger also provides businesses with a customer retention module known as Voucher System that allows businesses to provide certain customers and customer demographics with vouchers to increase repeat purchases and build loyalty. 

Our Impact (SDGs) #8 Decent Work and Economic Growth: We will help spark the entrepreneurial mindset and reduce costs to save money to be used to do other useful things and spur growth.

9 Industry, Innovation & Infrastructure: We provide an entire agent’s service with our bill payments option which could help others resell our packages while spurring innovation via our staff-business invention and QR code payments system.

10 Reduced Inequalities: Our platform helps the lower tier of the economy match with the top class in terms of accessibility to technology and products because our app is free to join and the charges are minimal.

11 Sustainable Cities & Communities: We help businesses retain customers and provide more value with ease and convenience which would keep businesses profitable.

Prducts include Staff link: The staff link feature allows businesses simply add an existing Zinger user to its list of staff/affiliates thereby giving the staff a special staff + business QR Code, a Providus Bank virtual account Number, as well as a new business-related username. 

This would enable the staff to verify received funds on behalf of the business when a customer makes a payment using the staff’s code, account or username. 

Infometrics Bill Payments: Zinger allows businesses to see transactions based on certain parameters like time & date, type, staff, etc. It gives holistic data on transactions to the businesses to be used for proper planning and implementation. 

Zinger also provides businesses with customer information like frequency of purchase and total amount spent which helps businesses plan better. The staff and department data are also provided at no extra charge.

Our unique bill payments module allows users pay for bills at much cheaper rates for the same quality of products and/or services.

Vouchers: Our voucher system allows multiple businesses to create vouchers for multiple users which would spark the interest of the customers of these businesses. The vouchers can either be in percentage form or amount form and would automatically popup when a customer is trying to make payment to that business.

Signatories: Our signatories system allows organisations with a hierarchy or multiple decision makers monitor and restrict the activities carried out on the business account. Essentially, whenever a transaction is initiated, all signatories must approve before the administrator can complete the transaction.

Additional Features: Zinger Tickets: Businesses can have a seamless method of selling tickets at different outlets and sales points without being physically present. Zinger Tickets works for transportation, events, etc. 

A unique link and QR code is generated once a ticket is created and people can simply scan to purchase those tickets and at the point of entry at the event, the business’s staff can scan the QR codes on the customer’s phone to admit s/he in for the event/ride.

 Zinger POS Service: We offer a lease option and a straight buy-out option for our POS systems. Each transaction has a minimum charge of 30 Naira and a cap at 200 Naira, making it cheaper and more cost-effective than other options.

The withdrawal/transfer fee is 25 Naira flat and all cash received is instantly settled in the merchant’s Zinger wallet.

Zinger Referral System: To empower more people, Zinger offers its users a means of earning passively. A user simply needs to register as many businesses as possible and earns 1 Naira per transaction for a period of one year (from each business’ date of registration). 

Theoretically, a Zinger user could earn up to as much as 300,000 Naira per month if s/he registers a high transaction volume business or more.