Author name: Scieska Adderley

The Bahamas reported its first COVID-19 case in March 2020. The virus’s rapid spread has resulted in businesses closing, people jobless, homeless, and without food. And, nearly a year later, the need for assistance remains at unprecedented levels.

Soon after the pandemic hit, non-profit organizations like Hands for Hunger sprang into action by partnering with Kanoo, a digital payments platform, to implement a digital food voucher program. Every week, eligible persons received digital gift cards ranging from $50 to 400 in value redeemable at Super Value/ Quality Super Markets. H4H purchased the digital gift cards from Super Value and issued them to clients through our platform.

Hands for Hunger’s Executive Director Keisha Ellis revealed how this food voucher program is critical as the country continues to fight against this global health crisis. Immediately, she said, the team started to receive an overwhelming number of requests for food assistance.

“With the emergency orders and safety protocols coming into effect, many Bahamians were laid off substantially, losing their financial ability to procure food items. This initiative is one way that Hands for Hunger believe it can help address the increased need,” Ellis explained.

“We are trying to reach as many people as possible, but that will depend on funding.… Read the rest

Doing business in The Bahamas can be extremely challenging, as many of the systems in place are still paper-based. While the rest of the world has seen a drastic digital revolution where money transactions are done via online platforms and apps, The Bahamas is now just catching up.

Kanoo’s founders began designing our digital payments platform in 2017, allowing Bahamians to participate in this revolution and do business globally.  They recognized the need for an affordable, convenient, digital payment option as it would bring many opportunities for local companies to faster and more efficiently.

Due to the pandemic, we’ve seen many challenges confronting the B2B space. As it stands, most local businesses rely heavily on in-person processes, costly paper invoices, and slow-moving checks. But, we’ve found that digital payments are a safer, more accessible, convenient, and more cost-effective option, especially for small and medium-sized enterprises (SMEs). Also, with digital payments, the money goes directly into your account.

Accepting digital payments saves you time, money, and energy, which gives you the freedom to grow your business. This method ensures your business has consistent cash flow and accurate bookkeeping.  Studies show that customers who have multiple payment options at their disposal can lead to merchants getting paid faster, improving cash flow, and allowing companies to expand at a quicker rate.… Read the rest

Searching for a perfect gift can be considered a painful experience for some. From battling horrendous traffic, to sometimes, empty shelves for a gift you’re not sure about, can be draining. But no worries, Kanoo is your “one-stop-shop” for your gifting needs!

Our digital gift card platform benefits both consumers and merchants, making it the perfect gift for all.

Top 3 Consumer Benefits:

1. It’s Convenient

You can purchase and send a digital gift card through the Kanoo app in just seconds. Choose the recipient and the company you want it from, and let the recipient pick what they want at their leisure. It’s the perfect option for any occasion!

2. It’s Easy & Hassle-Free

Kanoo’s gifting process is simple, from purchase to redemption. Spend what you want, when you want. This option is suitable for the entire family and the perfect way to let your loved ones know that you’re thinking of them. And it’s not limited to a particular season. Digital gifting can be a year-round experience.

3. Satisfaction Guaranteed

Your money won’t go to waste. Recipients are bound to love their gift because they chose it. Everyone in this scenario comes out a winner!

Top 3 Merchant Benefits:  

1. Increases Sales & Brand Awareness

Offering consumers digital gift cards is an excellent source of revenue generation.… Read the rest

Kanoo is celebrating a major milestone, facilitating its first business to business transaction.

ZNS News highlights the details of this partnership.

… Read the rest

In less than ten months, digital payment provider Kanoo has grown its active users from a couple of dozen to almost 13,000 people who are making digital fiat transactions daily.

Kanoo’s Chief Executive Officer Keith Davies said this growth is indicative of the times given the COVID-19 pandemic.

Davies added he foresees this form of financial transaction experiencing a groundswell of adoption.

“Because of the circumstances that we find ourselves in, we’re going to see adoption take place. We categorize them as early adopters, late adopters, and never adopters. The early adopters typically tend to be the younger adopters, technically savvy persons, and are not afraid of change and new technology coming to the fore. They will adapt immediately because it saves them time, they’re used to doing transactions online, which makes doing those transactions easier. So you’re going to see a section of the population where it’s not a big deal,” he told Guardian Business yesterday.

“We are beyond 12,000 and approaching 13,000 users shortly, and we started with a couple of dozen persons back in December.”

Davies continued, “Let me distinguish, not 13,000-plus downloads. These are 13,000 active users; people identified and using Kanoo. Companies always do this, well I have 50,000 downloads, but how many people are actually using it?”… Read the rest