Author name: Kanoo

Team Takeover

Kanoo Pays Courtesy Call on TCL Group post-Bahamas Business Outlook

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[vc_row][vc_column width=”1/2″][vc_column_text]The Kanoo team would like to once again express our gratitude to The Counsellors Limited for partnering with us during the recent Bahamas Business Outlook held at the Baha Mar Convention Centre, January 16th, 2020.

Our Marketing Manager, Glenique Knowles, recently paid a visit to its Collins Avenue office and gifted the TCL family with some Kanoo goodies.[/vc_column_text][vc_column_text]

[/vc_column_text][/vc_column][vc_column width=”1/2″][/vc_column][/vc_row]… Read the rest

Team Takeover

Kanoo touts its Bahamas Business Outlook debut a “Success.”

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Team Kanoo had a successful debut at the recent 29th Annual Bahamas Business Outlook held at the Baha Mar Convention Centre. Scores, including the Prime Minister of the Commonwealth of The Bahamas, the Most Hon. Dr. Hubert Minnis and the Minister of Tourism and Aviation, the Hon. Dionisio D’Aguilar visited the booth to learn about the newest digital payment system to come onstream in the Bahamian market. The one-day business networking event provided Kanoo with a unique and priceless opportunity to show members of the business how they can benefit from Kanoo’s offerings. Chief Sales Officer Jevon Butler says he’s grateful to the host of Business Outlook 2020, The Counsellors Limited, for allowing Kanoo to be the event’s cashless payment provider. “Kanoo continues to demonstrate its ecosystem to both users and merchants and is pleased with the progress we’ve made since launching in early December. Already, there has been a steady flow of individuals and businesses signing up. We are finding that many Bahamians are excited and ready to participate in the digital payments revolution that’s taking place throughout The Bahamas,” Butler explained. He added that “As a company, we’re committed to providing all Bahamians with the ‘Power To Prosper.’ Furthermore, we look forward to working with the TCL team again soon.”
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Team Takeover

Kanoo Onboards Central Bank Employees onto its Sand Dollar Platform

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Last week, the staff at the Central Bank of The Bahamas had the opportunity to enroll themselves onto its Sand Dollar platform officially. Kanoo was among several local payment service providers onboarding the bank’s 200 employees. Chief Executive Officer Keith Davies revealed that Kanoo is one of the financial institutions that are authorized to onboard Bahamians onto the platform. “We had many people coming through but equally as good for us being Kanoo; individuals have been asking us to download and use the Kanoo app as well. So, once we would’ve signed people up for the Sand Dollar, they would then download the Kanoo app and add funds to their wallets. So that’s what we’ve been doing, and it’s been very successful for us,” he said. “Once signed up on both the Sand Dollar and Kanoo platforms, they were able to pay us for Kanoo cash by transferring their Sand Dollars to us because we have a Sand Dollar account and so that’s money transferred to us, and then we were able to load their Kanoo app. So, if you sent $5 Sand Dollars to us, we put $5 Kanoo cash onto your phone, and then you can use that money to shop at any of our merchants.”
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Media

Payment services providers want full Sand Dollar integration

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[vc_row][vc_column width=”2/3″][vc_column_text]As the Central Bank of The Bahamas continues its rollout of its newest digital dollar, payment services providers (PSPs) say moving forward it is their hope to have the Sand Dollar fully integrated with their platforms, making it the currency of choice for Bahamians.

“The Sand Dollar application is really only a reference and what that means is, it’s not available for public consumption. We want to integrate the Sand Dollar into the Kanoo platform. We are working with the Central Bank’s professionals to making that happen and once that occurs you will then be able to see Kanoo and Sand Dollar operating seamlessly, such that Sand Dollar would fulfil its intended purpose, which is to act as a digital currency,” Kanoo Chairman and Chief Executive Officer Keith Davies said in an interview with Guardian Business.

“So, the physical paper dollar in your hand, Sand Dollar is the digital currency on your platform and that platform will be Kanoo. So that’s the way forward as it relates to digital currency and then it will become seamless in terms of transacting, using the Kanoo platform and the Sand Dollar.”

Davies’ company Kanoo participated in a staff onboarding event at the Central Bank on Monday.… Read the rest

Team Takeover

Kanoo participates in Bahamas Business Outlook 2020

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[vc_row][vc_column width=”1/2″][vc_column_text]We’re pleased to announce that Kanoo is a bronze sponsor at the 29th Annual Bahamas Business Outlook set for Thursday, January 16th, at the Baha Mar resort beginning at 8:30 am.

Under the theme, A New Era: “Resilience in the Face of Vulnerability,” the one-day event will bring hundreds of professionals together to discuss how best to move the country forward through growth and development.
Kanoo will be a service provider at the event, accepting digital payments from attendees. President of the TCL Group and Founder of the Business Outlook Series Joan Albury is very excited to partner with Kanoo.

“It was a natural fit for us to reach out to Kanoo for them to provide this service as what they do is in keeping with not only this year’s focus but our philosophy. This year, there will be an emphasis placed on the new digital space. But, overall, it is our philosophy to support new businesses to encourage entrepreneurship,” she explained.

“We have to be in the digital space. We must embrace the use of digital currency. We must support new technologies and trends. That’s what Business Outlook is all about, fostering innovation and welcoming businesses into the market.”[/vc_column_text][/vc_column][vc_column… Read the rest

Media

Digital payments provider nets more than 1,100 users and 90 merchants

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[vc_row][vc_column width=”2/3″][vc_column_text]NASSAU, BAHAMAS – A Bahamian digital payments provider says this year it plans to expand significantly expand its merchant footprint as it highlights a number of enhancements and initiatives designed to get users acclimated to its app-based offering.

According to Keith Davies, chief executive and chairman of Kanoo, the country’s newest digital wallet told Eyewitness News Online that since the company’s formal launch on December 9, the company has attracted 1,100 users and more than 90 merchants.

Kanoo’s largest merchant partner is Super Value.

“We moved from concept and demonstration to actually being accountable to the individual user,” Davis said.

“We’re just shy of a month now since our formal launch and today we have over 1,100 users. The activity level and the interest level continues to grow.”

Davies credited Kanoo’s co-founders Nicholas Reess and Nathan Horn for setting the foundation for the company’s emergence.

He continued: “We started with Super Value which has 13 locations across New Providence. It is the place where you effectively onboard and this year will be able to onboard fiat current.

“From December 9th we have as many or more terminals and access points than any financial institutions in this country. We have over 90 merchants signed up to be in the ecosystem and we are going to be rolling them out with terminals and interface devices.… Read the rest

Media

More than 1,000 sign up for Kanoo digital payments app

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[vc_row][vc_column width=”2/3″][vc_column_text]More than 1,000 Bahamians have already downloaded the country’s newest digital payments mobile app, less than one month since it was formally launched.

On average, 70 to 100 new users download the Kanoo app every day, which was launched on December 9, Kanoo’s Chairman and Chief Executive Officer Keith Davies revealed.

“Formally we launched on December 9. We were in beta testing before and I can tell you that as of last night (Monday) we had 1,030 users on our platform. So, we see 70 to 100 users onboarding every day and persons are becoming more comfortable with it. We’ve seen several tens of thousands of transactions just at Super Value alone, and so that was our main vendor that we launched in,” said Davies.

Kanoo is one of a few digital wallet service providers that allow for cashless and cardless transactions with the country’s new digital currency.

Currently, Kanoo’s biggest merchant partner is Super Value.

“Just to make it very clear, Super Value is effectively our bank, because that’s where you can onboard your money onto Kanoo and in the new year you will be able to withdraw that money from Super Value,” Davies said.

“To give you a very real life example, at six o’clock in the evening you can walk into Super Value with $400, put it on your Kanoo app in your phone, you can then send $200 to somebody in Abaco or Freeport and they can walk over to, let’s say in Freeport Express Foodmart, which is one of our agents, and they can withdraw that money.… Read the rest

Team Takeover

Here’s to a “Cashless Christmas”

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[vc_row][vc_column width=”1/3″][vc_column_text][/vc_column_text][/vc_column][vc_column width=”2/3″][vc_column_text]Since officially launching the app to the public on December 9th, the Kanoo team has embarked on its ongoing mission of making life easier. Bahamians can now purchase their groceries using their cellphones instead of carrying wads of cash around.  And since we’re making life easier for consumers through our app, why not do the same for businesses. After all, it’s Christmas, the season of giving and sharing.

So, on December 17th, Kanoo will “Make Life Easier for Small Businesses” at the Small Business Development Centre’s Christmas Client Showcase.

Here’s How:

  1. Download & install Kanoo’s app (for free) from the Play Store or the App Store.
  2. Create a Kanoo account. (This process requires your first and last name, cellphone, number, and an email address)
  3. Add funds to your Kanoo Cash Card by giving a Super Value cashier the amount of cash that you would like to add to your digital wallet.
  4. You can load funds at the following Super Value locations: Golden Gates, Westridge, Quality Supermarkets Cable Beach, Nassau & Meadow Streets, Prince Charles, Winton, Mackey Street, and Wulff & Monstrose Ave.
  5. You can load funds at the event.

Once you add funds to your funds, it’s time to eat, drink, be merry and shop, shop, shop![/vc_column_text][/vc_column][/vc_row]… Read the rest

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