Boost to Nigerian Payments System as MasterCard Powers Identity Card Program for 13m

Posted on by wademinnie | 14452 Views | 10 min read

The Nigerian National Identity Management Commission (NIMC) and MasterCard today announced at the World Economic Forum on Africa the roll-out of 13 million MasterCard-branded 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

British Council Nigeria Launches Online Payments for IELTS Tests

Posted on by wademinnie | 13420 Views | 5 min read
IELTS

The British Council announced the launch of a new online payment system for IELTS (International English Language Testing System) tests in Nigeria. Users can now pay online using their Visa or MasterCard debit or credit cards. IELTS is the world’s most popular English test and is accepted by over 6,000 organizations in 135 countries. Over one

Visa Study Reveals Mobile Money Drives Demand for Financial Services

Posted on by wademinnie | 11615 Views | 27 min read
Visa logo

Multi-country study reveals sophisticated payment needs and behaviors of unbanked consumers in developing economies. Preventing theft, ability to send money quickly drives mobile money adoption. Visa Inc. and Fundamo, the Visa-owned mobile money platform, today announced the results of a study that reveals consumers in six developing countries are already highly aware of mobile money

Guaranty Trust Bank Pioneers Social Banking in Nigeria

Posted on by wademinnie | 17625 Views | 8 min read

One of the foremost Nigerian financial institutions, Guaranty Trust Bank plc has once again raised the service bar in Nigerian financial institutions with the recent unveiling of its ‘Social Banking’ service on Facebook. The new offering which is the first of its kind by any Nigerian bank allows the public to open GTBank accounts and