Best Ideas 2020 features all the nominated entries submitted under ‘Submit your Idea’ category. All the entries consist of innovative solutions or propositions for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage.
CD - Cash Delivery!
Explain your idea in details:
A new Cash Delivery system. Limited cash withdrawal project by making a deal with a ride hailing company like Uber, Careem, etc. for sending cash to customers. The ride hailing company will act as a Movable Teller. Serving our clients for delivering cash to their side.
Expected impact of your idea on sustainable development
Disputes Avoidance: - less cash withdrawal reversal in case the ATM service went down during the required transaction. Card-Less/ATM-Less Service: - If the ATM machine system down or out of service.. then there's a new possible way to withdraw. Better Security: - Every withdrawal transaction with a different (One Time Password) token code.
Plans for implementation and sustainability
- Key resources: Mobile app developers. - Collaborators: IT Institutions. - Financing source: Investors. - Revenue streams: Bank account.
My name is Ahmed Aladdin (Ahmed AL Qassem), age 38. I'm a business innovator in the field of digital banking & fintech. Awards: Owner of a certain project under the card-less transactions.