Frictionless Water Transactions

Did you know that over $15 billion is spent on water infrastructure in the developing world each year and 40% of systems break after 2 years as there is no trackable revenue for maintenance? How do we fix this? eWaterPay strives to solve this problem by offering a pre-payment smart tap that ensures all revenue is tracked and accountable and transparently used by private organizations or governments to pay for maintenance of systems.

CEO Alex Burton tells us about how the eWATERpay system is a cheap, simple technology that uses mobile money, near field communication and the Internet of Things cloud server monitoring. Users can purchase credit through several methods, including using the eWATERapp on smartphones, purchasing through mobile money. The credit loads onto their eWATERtag, and eWATERtaps installed at distribution points dispense water and take credit when the user presents the token.

The eWATERpay system has helped to solve several challenges. First, water is now available 24/7, which has reduced queues at the tap, and means community members are now free to get water whenever they want. Research by eWATERpay in Gidewari village shows that the average time spent collecting water has reduced from three hours to just ten minutes.

Additionally, every drop of water is paid and accounted for, as water is only dispensed once a user presents an eWATERtag at the tap. The money goes directly into an online bank account, and the ‘Essential management model’ means 80% of revenue from water user fees goes to use for operation and maintenance, ensuring the water points keep working.

To learn more please watch this video : https://vimeo.com/289269195

Or visit their website : https://www.ewaterpay.com/