Savease app for iPhone and iPad

Africas Easy Deposit and Payment Gateway.

In 2012, the Central Bank of Nigeria created a Vision 2020 Cashless Policy the for a number of key reasons, including:

1) To drive development and modernization of our payment system in line with Nigerias vision 2020 goal of being amongst the top 20 economies by the end of 2020. An efficient and modern payment system is positively correlated with economic development and is a key enabler for economic growth.

2) To reduce the cost of Banking services (including cost of credit) and drive financial inclusion by providing more efficient transaction options and greater reach.

3) To improve the effectiveness of Monetary Policy in managing inflation and driving economic growth.


In addition, the CBN Vision 2020 Cashless Policy aims to curb some of the negative consequences associated with the high usage of physical cash in the economy including:

1) High Cost of Cash
2) High Risk of Using Cash
3) Informal Economy
4) High Subsidy
5) Inefficiency & Corruption


In line with the policy by the CBN, we have designed and created this product called SAVEASE, to:

1. Bank the Unbanked
2. Fund the Unfunded Accounts
3. Implement the Cashless Policy of the CBN by Modernizing Payment Systems
4. Curb the Spread of the Deadly Corona Virus
5. Reduce Unemployment in Nigeria

SAVEASE, which is a trademark of Savease Africa: is Africas Easy to Use Deposit and Payment Gateway; solving deposits, savings and payment problems in Africa starting from Nigeria.

It is the first ever Deposit and Payment Gateway in Africa which uses Prepaid Instant Deposit Scratch Cards or Vouchers, Mobile Apps, Web App, USSD App, QR Code and a Scan to Pay Function.

Offering its Users, a simple and convenient way to make deposits into distinctive bank accounts and make payments for goods and services at sales points across Africa starting from Nigeria.

We recognize the banking constraint of distance, time, space and structure which is experienced when making small scale deposit payments into banks; thus, we created an excellent solution to this experience.

We recognize the large number of unbanked population in the country; thus, we created a perfect product to enable grassroots banking.

We recognize the large number of unfunded bank accounts which in turn affects the potential financial base of financial institutions like yours; thus, we have created a service which allows making deposits from the comfort of anywhere.

We recognize the need to drive development and modernization of our payment system in line with CBN’s Vision 2020 which is indicated in the Cashless Policy of the CBN; thus we created a modernized simple payment gateway which allows Users to pay for goods and service (transactions) without the use of physical cash.

We recognize that unemployment is on the rise, as many Nigerians are without jobs or a means of livelihood; thus, we are creating job opportunities and a means of livelihood which will in turn enhance economic development.
 
We also recognize that a good saving habit is vital to capital development and financial independence; thus we have provided a simple yet compelling tool/approach to help every person achieve this fundamental goal.

We recognize that the easiest way to spread the deadly corona virus is through the medium of exchange called Money; thus we have created an alternative means for making transactions in other to curb the spread of the deadly COVID 19.

It is said that the underlying foundation for good products are made up of 3 components:

* Functionality
* Reliability
* Ease of Use

These components are met; thus, qualifying SAVEASE as a good product for the Market. It has been designed to create habits, educate financial literacy, inspire emotions, and ultimately become an indispensable utility tool.