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Mobile Payments Record 4.1% Increase In 3months

Mobile Payments Record 4.1% Increase In 3months From April to June, a total of 20.7 million transactions were carried out in the country through the mobile payment platforms. Data from the National Bureau of Statistics (NBS) for quarter two put the value of these transactions at...

Sector Sustains Losing Streak With N20b In Mobile Insurance

Sector Sustains Losing Streak With N20b In Mobile Insurance There seems to be no end to the insurance sector’s losses, as an estimated N20 billion yearly expected premium from mobile insurance may have been taken over by network operators, which now sell insurance products and...

ETranzact Strengthens Financial Inclusion With 10,000 Mobile Money Agents

ETranzact Strengthens Financial Inclusion With 10,000 Mobile Money Agents   ETranzact, Africa’s e-payments solution provider, is set to strenghten financial inclusion by expanding its PocketMoni service with 10,000 active mobile money agents, through the Central Bank of Nigeria-funded Shared Agent Network Expansion Facility initiative. The expansion, according...

Global Mobile Money Market Increased By 25% In 2017

Global Mobile Money Market Increased By 25% In 2017   The seventh annual state of the industry report on mobile money that was released recently by GSMA, shows that at the end of 2017, the global use of mobile money increased by 25 per cent to...