Bango and MMIT introduce M-Iflọ Digital Content Payment Solution for Africa

Bango and MMIT have released M-Iflọ, a payment solution that enables online transactions for digital content. M-Iflọ navigates the mobile payment environment in Sub-Saharan Africa and is tailored to the needs of the industry leaders in mobile content. Africa’s growing population of smartphone users are young, tech savvy and early adopters by instinct. But when

UBA and Netplus Advisory Launch U-Mall e-Commerce Platform

United Bank for Africa (UBA), a Nigerian commercial bank, has launched an e-commerce platform aimed at supporting the growth of small and medium sized enterprises (SMEs) in the West African country. U-Mall is a partnership with Netplus Advisory Limited, which UBA said will allow SMEs to set up online stores and extend their reach. U-Mall

Ghana Interbank Payment and Settlement System To Introduce Four New Products

Ghana Interbank Payment and Settlement Systems (GhIPSS) plans to introduce four new products on the gh-link platform next year, officials have said. The products are intended to maximise the payment platform and provide better and convenient banking to customers. The proposed products are Instant Bank Transfer, Instant Bill Payment, Multiple Account Enquiry and Identity and

Interswitch Clients Bag Awards at CBN Payment Systems Awards

Cross River state, Halogen Security Limited, Federal Inland Revenue Service (FIRS) and Igabi Local Government Area in Kaduna state have emerged winners at the maiden edition of the International Conference on Payment Systems. In a statement, Interswitch said the recipients bagged the awards for their adoption of e-payment. “All four have been recognized by the

MasterCard debuts Priceless Africa in Nigeria

MasterCard has announced the launch of the Priceless Africa campaign in Nigeria, a part of the global Priceless Cities campaign; that aims to reward consumers in Nigeria for their loyalty and to enhance their journey towards embracing cashless transactions. Nigeria will be joining the current 26 MasterCard Priceless destinations across the globe, as consumers get

Stakeholders to Discuss Challenges of Electronic Business in Nigeria

The challenges faced by owners of electronic businesses in Nigeria will be discussed by stakeholders from various industries and sectors at the e-Business Fair organised by Connect Nigeria, an information search portal. Emeka Okafor, chief executive officer (CEO) of Connect Nigeria, said the goal of the fair is to raise public awareness on e-business and

GTBank Receives Premium Award from World Finance Banking Awards

Guaranty Trust Bank plc; One of Nigeria’s leading Banks, has once again led the way by winning the ‘2013 Best Banking Group – Nigeria’ in the 2013 Annual World Finance Banking Awards. Outlining the rationale for GTBank winning the ‘2013 Best Banking Group – Nigeria award’, judges commented that the Bank scored high marks in

Only Companies that Invest in e-Commerce Logistics Will Survive – Konga

Only companies that invest in the logistics and technical aspects of e-commerce will remain in Nigeria, according to Joseph Onuorah, vice president (logistics) at Konga.com. Onuorah stated this in Lagos while speaking on a panel at the ongoing Supply Chain West Africa conference. “The companies that will remain in Nigeria, will be companies that believe

UBA Positions For Pan-African Banking Leadership

United Bank for Africa Plc (UBA), the Pan-African bank with operations in 19 African countries, New York, London and Paris, announces the launch of Project Alpha – the Group’s new focus for strategic transformation. UBA has for 8 years executed a dedicated strategy of local, regional and global expansion, the implementation of which has seen

CAGD To Introduce E-Pay Slips in Ghana

The Controller and Accountant General Department (CAGD) is to introduce E-Pay slips for public sector workers soon. The system, expected on stream before the end of 2013, would enable workers to view the summary of their pay slips on mobile phones before going to the banks. Madam Grace Adzroe, Acting Controller and Accountant General, announced