Page 24 - Waterfall City Issue 6 June 2023
P. 24

Waterfall City News

                        HIGH TECH HITS




                        THE STREET






                           Welcome to the new age of cashless tipping for car

                           guards and digital payments for street vendors


                                                                             I  car guard or buy a gorgeous woven
                                       Scan the QR code here and learn more     magine you want to tip your friendly
                                              about Street Wallet.
                                                                                grass laundry basket from a vendor on
                                                                                the side of the road, but you have no
                                                                              cash on you. The guard/vendor doesn’t
                                                                                   have access to card payment
                                                                                  options, and you simply don’t
                                                                                  have time to draw cash and come
                                                                                 back to tip or make the purchase.

                                                                               Street Wallet offers an easy and
                                                                               straightforward solution. It’s quick and
                                                                              effective, with no downloading of apps
                                                                              and no need for a card machine or entering
                                                                              credit card details. Instead, each car guard/
                                                                              vendor wears a card with a QR code around
                                                                              their neck. Scan the QR code, and you will
                                                                              automatically be taken to their personal
                                                                              page. Once there, you can pay by Snapscan,
                                                                              Zapper or Master Pass. On this page you
                                                                              can also learn all about them – their name,
                                                                              where they are from, their business, who
                                                                              their kids are, etc.

                                                                              “It’s an exciting way of paying and also
                                                                              tipping,” says Kosta Scholiadis, the founder
                                                                              of Street Wallet. “With one scan, you can pay
                                                                              or tip immediately, and the vendor or guard
                                                                              does not need to have an app, download
                                                                              anything or have the additional cost of a
                                                                              credit card machine. We will convert the
                                                                              payment to the receiver for you, so there
                                                                              is no exchange of cash. It is easy for both
                                                                              parties and in the future, we hope to roll out
                                                                              on Apple and Google Pay, too.”

                                                                              The story of Street Wallet began with the
                                                                              recognition that street vendors have often
                                                                              been excluded from the fast-moving digital
                                                                              economy. With a focus on inclusivity, Street
                                                                              Wallet has created a unique platform that
                                                                              gives service providers opportunities to
                                                                              market themselves and earn more, bridging
                                                                              the gap between the cash economy and


        22  Waterfall City Issue 6   2023
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