In several African countries, ecommerce is on the horizon and citizens are beginning to open their arms to embrace the virtual-world-made-real community. But although mode of payment, accessibility and education of prospective online shoppers are seen as major setbacks, the increasing interest of cyber criminals in the multibillion dollar ecommerce sector poses more harm than
Access Bank Plc and Airtel Nigeria Limited have gone into a partnership to introduce a mobile money service known as Access Money.The service allows customers to perform simple, secure and instant financial transactions using their mobile phones. With the service, customers on the mobile network can send and receive money, make deposits and withdrawals, pay
Women who chose Ruby, a female focused current account offered by pan-African bank, United Bank for Africa (UBA) Plc, will now enjoy more perks as the bank has expanded its list of exclusive partners offering special services to its female account holders. Ruby is a current account offered by UBA exclusively to its female bank
Access Bank Plc unveiled its customized debit cards tagged “Persona” on Friday, November 7th 2014. The product allows customers carry around their fond memories by uploading their favorite image on their debit cards. The Access Bank Persona debit card is a customized card that enables customers to enjoy the privilege of branding their payment cards
Guaranty Trust Bank plc has been announced as the winner of the “2014 Product Leadership Award” at the 2014 Frost and Sullivan Excellence In Best Practices Awards Banquet that held on Thursday, 30th October, 2014 at the Monte Carlo Bay Hotel & Resort, Monaco, France. Frost & Sullivan is a growth consulting firm that provides
One of Nigeria’s major commercial banks United Bank for Africa (UBA) has announced the introduction of Value Added Services (VAS) on it Point of Sale (POS) terminals. The bank in a statement said services supported include airtime purchase, cable subscription, electricity, water and other bill payments. The bank said the service has been rolled out
Austria Card (Lykos Group) has announced it has produced and delivered to the Nigerian government identity cards with multiple innovative applications such as e-ID combined with biometrics, e-Health, voter-ID, pension-ID, and payment (EMV). In a statement, the company said the new identification documents will enhance security and public service in Nigeria. In all, the cards
The PCI Security Standards Council, a global, open industry standards body providing management of the Payment Card Industry Data Security Standard, PIN Transaction Security requirements and the Payment Application Data Security Standard, announced a new partnership to offer authorized PCI training in Nigeria, South Africa, Croatia, Turkey and Bahrain. Organizations in these areas can now
Social marketplace Mobofree has announced plans to have local presence in Lagos, Nigeria. Out of the platform’s 3 million users, 2.2 million are in Nigeria. Having a local presence in Nigeria according to Cristobal Alonso, Co-founder and Chairman of the board of MoboFree, would enable MoboFree to offer its users on-ground support services. “We are
Nigeria’s gift cards retailer SureGifts has announced its customers can now use SimplePay as a method of payment for gift cards purchased on the platform. Both companies said the move would help to further redefine gift giving in Nigeria. In a statement they said the capability is live and available now on Suregifts and users
