Computer Warehouse Group (CWG) understands the need to have a robust platform that will support the Mobile financial services initiative and is proud to present their M- Commerce platform in conjunction with MTN Nigeria called MTN XaaS platform.
In a bid to make financial services accessible to all Nigerians in a cost effective manner and also ensure the industry is on the right track to achieving the PS Vision 2020, CBN is focused on aligning Mobile financial services with Agency Banking systems.
CWG, the Pan African ICT Company and one of the fastest growing information and communication technology companies in Africa has said it sees growth potential in the payment solutions space in the banking and finance sector in the country.
A leading player in the banking and finance vertical, the firm considers payment solution, which includes e-payments, as an important aspect of its growth story in the country.
The MTN XaaS platform, solution for Microfinance, Savings and Loans, Cooperative and other small scale financial institution is showing strong penetration in Nigeria market. The platform is powered by CWG technology.
CWG partnership with MTN is to jointly create a business model that will set new paradigms for mobile commerce. MTN XaaS – the mobile commerce and MFB platform with CWG Digital Commerce at its core will enable millions of ‘bank and mobile network customers’ to make cashless payments and settlements through their mobile phones.
The platform also empowers banks and Mobile Money operators to roll out innovative mobile financial services to their numerous customers via mobile telephony, one of which is the just launched MTN Yellow Diamond Account, which offers the 55 million MTN subscribers with the opportunity of financial inclusiveness.
