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Home Africa

Vault Share: The first digital social card made in Africa

TechGist Africa by TechGist Africa
December 1, 2020
in Africa, Data, Entrepreneurship, Finance, Social, South Africa, Startup, Tech
Reading Time: 1 min read
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Vault Share: The first digital social card made in Africa
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Vault Share is a product of the Vault Brand and was created by South African entrepreneurs, Dr. Chad Marthinussen and Gino Lange.

It is Africa’s first digital social card that enables the speedy storage and sharing of contact information and digital profiles of individuals.

It was created to provide a solution to having to exchange contact information using Bluetooth and Near-field communication (NFC) while maintaining physical social distance and preventing contact with mobile devices considering the recent Global pandemic.

The tech-based tool stores customers’ profiles on an online database aka “Vault” that operates on minimal Radio Frequency Identification (RFID) theft blocking wallet and like the traditional wallets that hold contact cards with cash compartments.

Also read: US$30M Series B round for African fintech Chipper Cash, backed by Jeff Bezos fund

Vault Share networking opportunities cuts across three operational areas- Business to consumer (B2C), Business to Business (B2B) retail, and Business to Business (B2B) hospitality.

Dr. Marthinussen assures that “Vault and Vault Share will bring tremendous value to the customers.

The Vault Share will ensure their vital credit card information is safe and secure considering the rise in credit card skimming in South Africa, and with the festive season approaching it will be even more prevalent.

We believe that the use of Vault Share will result in more effective networking and more measurable conversions.”

Original article on TechGist Africa

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Tags: african tech startupB2BB2Cdigital social carddigital solutionsRadio Frequency IdentificationRFIDSouth AfricaStartupTechTech Gist Africatech startupVault ShareVault Share: The first digital social card made in Africawirelessюжная-африкаجنوب-أفريقيا南アフリカ南非
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TechGist Africa

TechGist Africa

Tech Gist Africa is a leading online technology and digital media outlet, dedicated to providing latest tech news, product launch, startup news across.

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