Nigeria’s oldest commercial bank, FirstBank Nigeria, has been announced the official partner of PayPal in Nigeria. HumanIPO reported last month PayPal had become available in ten new markets, with Nigeria and Zimbabwe added to the platform to take the number of markets it operates in to 203, and Efi Dahan, PayPal’s regional director of Sub-Saharan
3dcart has partnered up with international pay-processor Interswitch which leads in governmental, organizational & ecommerce transactions in Nigeria as a payment gateway. Nigerian retailers will now be able to utilize 3dcart software and features in conjunction with Interswitch financial operations. Interswitch Limited is an integrated payment and transaction processing company that provides technology integration, advisory
United Bank for Africa (UBA) Plc has taken banking to a new level with the introduction of twitter based transaction alerts for customers. The bank has announced that customers will now have the option of receiving transaction alerts in their Twitter direct messages inbox. Before now customers can only receive transaction alerts as text messages
At the Annual General Meeting (“AGM”) of Ecobank Transnational Incorporated, held at the Group headquarters in Lomé, all the ordinary resolutions were duly passed. This included the appointment of Mr. Emmanuel Ikazoboh as the Group’s new Chairman. An accountant by training, Mr. Emmanuel Ikazoboh has over 35 years’ experience of international business management and corporate
United Bank for Africa (UBA) Plc last week announced the introduction of a new product “U-Advance Card,” a payment card that allows workers who operate a salary account with UBA to get a credit advance ahead of pay-day. “The U-Advance Card is an internationally accepted card payment solution designed to address the salary account holders’
Nigerian payments company eTranzact has expressed its openness to deeper collaborations with local developers to produce better integrated payment systems that will operate at the standard of global payment systems such as PayPal. “Collaboration is key to the growth and development of better integrated payment systems for Nigeria,” the company said in a statement. “We
Jumia Nigeria is set to launch its cash on delivery service, which accounts for two-thirds of the companies total sales, nationwide this month, according to co-chief executive officer (CEO) Nicola Martin. “We will offer cash on delivery nationwide this month – between the middle and end of July we will offer cash on delivery everywhere
United Bank for Africa (UBA) has become the first Nigerian bank to offer transaction notifications on Twitter for its customers. UBA said the solution is based on a secure custom application it had built and enables its customers to receive bank transaction alerts directly on Twitter. “Dear Customer, we are happy to inform you that
Guaranty Trust Bank plc has launched “The SME MarketHub”; Nigeria’s 1st e-commerce portal for Small and Medium Scale Enterprises (SMEs). The e-commerce and business directory portal is part of GTBank’s strategy to empower and support Nigerian SMEs and also contribute to the growth and development of the Nigerian economy. The portal is designed to enable
Having successfully completed phase 1 and 2 of the cash-less policy in six pilot states and the Federal Capital Territory, the Management of the Central Bank of Nigeria has announced that phase 3 of the policy’s implementation will commence as scheduled on July 1 2014, in the remaining 30 states. As was the case in
