This is a sequel to my article, Why Is Mobile Money In Nigeria Targeting The Banked? Both mobile money and mobile banking provide the same benefits – funds transfer, and purchase of services and goods. They just provide it differently, and to two different demographics. Mobile banking is deployed for people who have bank accounts, [...]
A few days ago, I read a tweet by Mr Mo that inspired me to look at the subject of banking/financial services/payments that we can use on our awesome mobile devices. Here is the tweet in question: To complete my day yesterday, stopped to buy recharge card. Lady says, “Good evening, daddy”. Sigh. This is [...]
Lagos, Nigeria; October 4, 2012: As part of activities to mark the World Customer Service Week, Unity Bank Plc has again restated its commitment to its customers and meeting the yearnings of its entire stakeholders through value creation. This commitment was reiterated by the Managing Director and Chief Executive Officer of the bank, Ado Y. [...]
ITNewsAfrica carries the news that “the Central Bank of Nigeria has ordered telecommunications companies in the country to begin offering mobile money transfer services“. While the CBN is in a position to auuthorise money transfer services, we are not quite sure that the CBN is in a position to “order” operators to do it, as [...]
eTranzact, Lagos. Ever since the inception of our company 2003, we have been known for innovation and spear-heading growth of the e-payment landscape of Nigeria. We done this through the introduction and development of various world-class products and services which has been of immense benefit to the general public We have, over time, improved on [...]
Mobile banking is big news in Africa – and more especially in Nigeria. The advent of GSM threw up a slew of mobile banking services, most of which ran basically on simple SMS. Send this code to a certain number to check your account balance. Send another to check last 5 transactions, and so on [...]
