May 152013 Electronic payment systems has spiked in the last few years in Nigeria due to improvedinvestments in the technology and infrastructure used in epayment With the emergence of payment gateways like Interswitch and Etranzact payments via debitand credit cards have improved Interswitch claims that there are now 26 Million epayment cards out thereThis has in turn boosted sales on various ecommerce websites and at various brickandmortar stores that use the POS Point of Sale deviceto collect payments This however has not fully catered for people who do not have any relationship with banks or other financial institutions in NigeriaTo a...[...read more]
May 152013 Punch Cellulant Corporation and Nigeriarsquos Bank of Agriculture are set to unveil a joint mobile money services aimed at driving business transaction in the agricultural sector According to a statement by the firm on Tuesday Cellulant Corporation a valueadding services firm operating in Nigeria and other African countries is currently implementing the electronic wallet scheme of the Federal Ministry of Agriculture under which farm inputs are distributed to farmers Bank of Agriculture is a Federal Governmentowned development bank with a mandate to provide lowcost credit to small holders and commercial farmers and small ...[...read more]
May 152013 Punch Newspaper The Central Bank of Nigeria has said that the total value of electronic funds transfer in the country has risen to N80bn per day The Deputy Governor Operations CBN Mr Tunde Lemo disclosed this in a statement made available to our correspondent on Monday He said that the Nigeria Interbank Settlement System recorded over N20bn daily transaction by value while the Nigeria Electronic Funds Transfer conducted about N60bn transactions daily NIBSS provides the infrastructure for automated processing settlement of payments and fund transfer instructions among banks discount houses and card companies in Nigeria It ...[...read more]
May 092013 13 Million Cards to be issued first in largest card rollout of its kind in Africa The Nigerian National Identity Management Commission and MasterCard today announced at the World Economic Forum on Africa the rollout of 13 million MasterCardbranded National Identity Smart Cards with electronic payment capability as a pilot program The National Identity Smart Card is the Card Scheme under the recently deployed National Identity Management System NIMS This program is the largest rollout of a formal electronic payment solution in the country and the broadest financial inclusion initiative of its kind on the African continent As...[...read more]
May 082013 In a bid to reinstate its commitment to building a sustainable cashless ecosystem in Nigeria global payment solutions company MasterCard has introduced another Internet payment solution for Small and Medium Enterprises SMEs in the country ndash ldquoSME Onlinerdquo With features like invoice payments batch payments reoccurring scheduled payments virtual terminal and web shop ldquoSME Onlinerdquo is a suite of valueadded services that work seamlessly with MasterCard Internet Gateway Service MiGS and extends the benefits of online card acceptance to a broader merchant segment MiGS provides a comprehensive Internet payments sol...[...read more]
Tayo Oviosu PagaTech April 292013 The abovenamed article BusinessDay April 10 2013 refers There is too much hype regarding mobile payments in Africa Thanks to MPesa in Kenya there is a global belief that with 80 percent of Africarsquos population being unbanked and the dramatic adoption of mobile phones across Africa one can simply establish a mobile payments operation in any corner of the continent and expect the same fastpaced level of success The reality however is that adopting mobile payments is not that simple Even MPesa is learning from its notsosuccessful foray into the market in Tanzania and South Africa that there is n...[...read more]
April 292013 Punch Visa Incorporated and Fundamo the Visaowned mobile money platform have said the Nigerian market has potential to lead the world in mobile money but only 35 per cent of the citizens are aware of mobile money Despite the huge market potential a study by Visa revealed that only 35 per cent of respondents were aware of mobile money versus an average of 56 per cent across all six of the emerging markets surveyed The study stated that there were 110 million mobile subscribers in Nigeria but only 56 million of them had bank accounts making it one of the most exciting mobile money markets in the world ldquoConsumersrsquo n...[...read more]
April 292013 Thisday Stanbic IBTC Bank Limited has announced the introduction of the Stanbic IBTC MobileMoney application for smart phones The product is expected to run on blackberry and android operating systems In a statement Executive Director for Personal and Business Banking Stanbic IBTC Mr Obinna Abajue stated that the move underscored the banks commitment to providing Nigerians with valueadded products and services that suit their lifestyles while giving them access to basic financial options via a secure mobile application wherever and whenever they want According to him the product operates on a userfriendly platform tha...[...read more]
- Global mobile financial services technology provider.
- Innovative Mobile Wallet service in Ghana.
- Serves both mobile and e-payment needs in the Nigerian market place.
- splash is Sierra Leone’s first mobile payment system.
- Teasy is an innovative Nigerian based mobile payment company
- EASY, INSTANT and CONVENIENT way of sending cash at ANYTIME, ANYWHERE, to ANYONE on ANY NETWORK
- Stanbic MobileMoney Agent at Shoprite
- Stanbic MobileMoney Stand at Shoprite
- Visit to Management of Comviva,India
- Agency field work with FortisMM, Ibadan
- Agency activities with FortisMobile,Ibadan
- EazyMoney Agent training, Lagos state
- EazyMoney Agent training, Oyo State.
- EazyMoney Agency Training, Edo State
- EazyMoney Agent Training
- Group visit to Tigocash,Ghana
- TigoCash Agent branding stand, Accra
- TigoCash Agent outlet, Accra
- Tariff Table, TigoCash Ghana.
- Field work in Enugu State.
- Agent in Enugu State.
- Agency Field work in East of Nigeria.
- Merchant ID
- Splash MobileMoney Call Center Team
- Agent group Training, Lagos
- Agent group training, Lagos
- Splash MobileMoney, Sierra Leone
- Visit to Splash MobileMoney, Sierra Leone.