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

ZNS News highlights the details of this partnership.

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

Beginning today, residents in New Providence can purchase groceries from home, thanks to a partnership between a local delivery service company, Bahama Eats, and the country’s largest grocer, Super Value/ Quality Super Markets.

Bahama Eat’s Co-Founder Gershwin Greene called the partnership with Super Value /Quality Super Markets an “obvious” one given their reputation and expansive reach.

“They are the largest supermarket on the island with 13 shopping locations. Their expansive reach allows us to reduce delivery time, no matter where a customer is on the island. Furthermore, they are a highly respected business and a national household name. We are grateful for the massive opportunity that Mr. Roberts has given us,” Greene shared.

Bahama Eats offers an on-demand grocery, retail, restaurant, and liquor delivery services in New Providence through its user-friendly app. By downloading the app, customers can add items from Super Value to their cart. Once they check out, an assigned personal grocery shopper will collect the items, send a link to complete grocery payment. Then, the shopper delivers those items to the customer.

Chief Financial Officer for Super Value/ Quality Super Markets Debra Symonette says the food store chain feels privileged to be the first to work along with Bahama Eats.… Read the rest

NASSAU, BAHAMAS — A Bahamian digital payments solutions provider said yesterday it was “well on its way” past the 12,000 active user mark.

Keith Davies, Kanoo’s chief executive officer, told Eyewitness News that its users could expect “seamless” integration of the Sand Dollar onto its platform as it has received the “green light” from the Central Bank.

Davies said that the company, which launched last December, has seen a “healthy” uptake of the Kanoo App by active users.

“To-date, we are well on our way past the 12,000 user mark,” he said.

“We are accelerating in terms of the number of users coming on. We see a very healthy engagement there. We have been receiving great feedback. We do a lot of outreach to individuals to see how things have been going, and the feedback has been constructive. That is something that we really pay attention to because that is how we get better. We look forward to that constructive criticism.”

Davies said Kanoo users could expect a seamless transition with the Sand Dollar on the platform.

“We were one of the AFI’s approved. We were also advised that we were at Tier II, meaning that following the security assessment, which was quite vigorous, we have been given the green light to integrate the Sand Dollar into our wallet.… Read the rest

The Grand Bahama Port Authority, Limited (GBPA), announces the launch of a digital food voucher programme in the Kanoo Pays app to support the efforts of the Grand Bahama Food Distribution Task Force to provide food for the most vulnerable families on Grand Bahama.

The GBPA, a member of the Food Distribution Task Force’s steering committee, donated $25,000 to be used to enable the programme’s recipients to shop at local grocery stores. “The GBPA is pleased to participate in the public-private partnership of the GB Food Distribution Task Force through the launch of a digital food voucher programme,” stated GBPA President Ian Rolle. “On our island, we are experiencing many long-lasting effects brought on by Hurricane Dorian and, now, the global pandemic COVID-19. This programme is important to the GBPA because we are very concerned about families in need of food assistance at this time. We are also happy that, through this collaborative effort, we can help to support local businesses that remain committed to serving our community.  During this lockdown period, it is important to remain safe in everything that we do and especially during our interactions with essential businesses, including shopping at grocery stores.”

The digital food vouchers are being offered through Kanoo Pays, a licensee that is supporting merchants and consumers by providing convenient, contactless ways to pay and get paid. … Read the rest