Klip offers a digital wallet that allows users to store money on their mobile phones and use it to make payments at participating stores. Users can also send money to other Klip users from their digital wallet.
To start using Klip, users need to download the Klip mobile app on their smartphones and create an account. Once the account is created, users can top up their digital wallet by transferring money from their bank account or using a credit card.
When users make a purchase at a participating merchant, they can pay by scanning a QR code generated by the merchant using the Klip app. The payment is then made directly from the user’s digital wallet.
Klip also offers additional features such as the ability to split the bill among multiple Klip users during a restaurant meal, pay bills, and top up transportation cards.
Regarding security, Klip employs advanced security measures to protect users’ financial information and transactions. This includes data encryption, two-factor authentication, and other protective measures.