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Todaq Micro launches AI sales agent and micropayments solution

By Delisha Fernandes

April 03, 2024

  • Artificial Intelligence
  • digital payment
  • Digital Wallets
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TODAQ MicroTODAQ Micro Inc. (“TODAQ”) has announced the public beta launch of two new offerings: a micropayments solution and an artificial intelligence (AI) sales agent.

The company’s micropayments solution, TAPP (Tap-and-Privately-Pay), introduces a low-code software payment product that allows for instant payments for content or services without necessitating customer subscription or account login.

TAPP Conversational Checkout is a first in the AI market. It enables personable AI sales concierges that talk or text with the customer in their language, search for what they ask for, display the content or service inside the chat, and allow the customer to instantly TAPP, pay, and receive it, be it movies, music, healthcare services, or educational content.

“This was previously impossible, due largely to the significant cost of digital payment processing. Historically, a $0.25 payment could easily cost $0.35 to process, rendering a segment of potential customers uneconomical to serve,” said Hassan Khan, CEO of TODAQ.

TAPP micropayments are the first commercial solution powered by the open-source TODA file technology, which was developed over six years of extensive R&D in collaboration with researchers from Cambridge University’s Centre for Redecentralisation, University College London (UCL), and ARM Technologies.

“Patients are locked out of potentially life-saving care due to high costs. By incorporating TAPP into our remote healthcare diagnostics monitoring, it becomes economically feasible for patients to access care consistently by paying-as-they-go,” said Paul Duffy, CEO of AI/ML Innovations.

Businesses can easily make any content or service micropayable, facilitating new customer experiences such as video previews, payback buttons for rewards and ads, and instant supply chain payments. Customers benefit from seamless integration with banking and payment networks. TAPP digital wallets can be created, authenticated, and funded in seconds. Privacy is built in by design, and users retain control over funds and credentials. Digital trust is established instantaneously through free, open-source asset verifiers, enhancing transparency and security.

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