SimplePay, Ltd. Partners with Consumer Bureau de Change

SEPT 022014 PRESS RELEASE SimplePay Ltd Partners with Consumer Bureau de Change to allow Nigerians in the diaspora to instantly fund SimplePay accounts with foreign funds From the convenience of your desktop to the palm of your hand SimplePay has simplified the lives of thousands of connected Nigerians by eliminating physical cash from financial transactions The agreement creates a partnership that utilizes Consumer Bureau de Changes foreign exchange license to allow for incoming and outgoing remittances through the SimplePay platform With this partnership Nigerians in the diaspora can fund their friends and families S...[ more]

Filed Under Nigeria

NIGERIA:350,000 Mobile Money Activation Project Launched

SEPT 022014 SPYGHANA eTranzact International PLCAfricas leading provider of mobile banking and payments services is proud to announce the investment of 350000 into a mobile money activation project in collaboration with EFInA a financial sector development organization The project which will be piloted in Northern and South Western Nigeria is called The PocketMoni 500 project The project which is in line with the Central Banks cashless policy has kicked off in Kano and Ogun States in Northern and South Western Nigeria respectively and is aimed at driving the adoption of mobile money in those areas by educating and signing up local me...[ more]

Filed Under Nigeria

NIGERIA:Govt upgrades farmersí e-wallet to banking card

SEPT 012014 THE NATION To boost its Agricultural Transformation Agenda ATA the Federal Government has upgraded the ewallet system used by farmers to get farming input The Nationgatherd that the government is taking the decision to strenghten its reforms in the agricultural sector A Presidency source said We are upgrading the ewallet to the National Agricultural Initiative system so that each card that a farmer has will become a banking card with no fixed amount for loans they can save money they can do insurance they can transfer money get anything they wantThis will totally change the face of farming in Nigeria Though the ewallet sy...[ more]

Filed Under Nigeria

MATS reaches Ten MobileMoney landmark agreements for agency

SEPT 012014 ABUJA NIGERIA Merchant and agent transactions services Ltd has signed ten landmark agreements and actively integrating them for agency transactions in Nigeria The firm is deploying own proprietary software point of transaction kiosks and staffed agency network to serve licensed providers in Nigeria In a bid to bridge the gap with the unbanked population in Nigeria give banked customers more transactional options to access agency network leveraging on mobile financial services of the licensed providers in Nigeria MATS LTD Merchant and Agent transactions services Ltd is actively aggregating licensed providers of mobile...[ more]

Filed Under Nigeria

NIGERIA:Unified Payments Pioneers Processing of National eID

SEPT 012014 PRESS RELEASE In further demonstration of its leadership role in the epayment industry Unified Payments is pleased to announce its pioneering role in processing the payment application in the new National Electronic ID Card eID being issued by the National Identity Management Commission NIMC With the eID card citizens will have the ability to deposit funds receive social benefits pay for goods and services at Merchant locations within and outside Nigeria as well as draw cash from ATMs around the world Under the processing arrangement citizens identity data will be hosted and managed exclusively by NIMC while pa...[ more]

Filed Under Nigeria

SimplePay releases SimpleGiving. The easiest way to give to

SEPT 012014 PRESS RELEASE From the convenience of your desktop to the palm of your hand SimplePay has simplified the lives of thousands of connected Nigerians by eliminating physical cash from financial transactions Now with the release of the standalone SimpleGiving app one more type of transaction donating to your church can be made faster easier and safer Users can make a donation to their church from the convenience of their mobile with two clicks from anywhere in the world Users without an Android phone can donate from the SimplePay web site athttpssimplepay4ucom or using a friends phone with their own login We actually d...[ more]

Filed Under Nigeria

Nigeria conducts $600m transactions via mobile money in two

AUGUST 282014 GUARDIAN NEWS BEWTEEN 2012 and now about 600 million transactions have been carried out through the mobile money platform in Nigeria This figure according to the Minister of Communications Technology Dr Omobola Johnson was attained from 11 million transactions Johnson while making a presentation at the American Business Council in Lagos noted that there are over 18 mobile money operators registered in Nigeria by the Central Bank of Nigeria since commencement of operations with over one million subscribers and about 67000 registered agents across the country She informed that whilst uptake has been initially slow improvi...[ more]

Filed Under Nigeria

NIGERIA:Glo Set To Launch Mobile Money Agent Network

AUGUST 202014 PM NEWS Major telecoms service provider in Nigeria Globacom is set to launch a Mobile Money Agent Network called Glo Xchange in partnership with licensed mobile money operators Firstmonie Ecobank and Stanbic IBTC The initiative will accelerate the mobile money revolution as it will avail the industry of the much needed distribution network According to a statement from Globacom the launch will hold at the Grand Ball Room of Eko Hotels and Suites on Victoria Island The Governor of Central Bank of Nigeria CBN Mr Godwin Emefiele is confirmed to launch the initiative in the midst of senior officials of government and parastat...[ more]

Filed Under Nigeria

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