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13 October 2011 0 Comments

Aimtechng.com integrates eyowo payment system, now charges real-time; Interswitch, Mastercard and e-tranzact

Aimtech Hosting Company, one of Nigeria’s leading hosting provider yesterday officially launched integrated e-payment system to process order instantly. The payment system is powered by eyowo.com, a newly launched disruptive payment system in Nigeria. Aimtech said, old clients can also settle their outstanding with the system. Both new and old orders will be activated instantly [...]

25 March 2011 1 Comment

Don’t expect Mobile Money in Nigeria Until 2012

I and a couple of others have really been asking; when shall we have a roll out of Mobile money in Nigeria? You could recall that CBN issue provisional licenses to mobile money operators earlier in the year. I expected that having been working on the solution before the licenses were issued, at least one [...]

03 December 2010 2 Comments

Western Union Now requires you to have a bank account to recieve payment in Nigeria

Western Union Money transfer is a widely available international money transfer used in Nigeria. You can receive money from anywhere in the world by simply walking into a participating bank with your international passport or national ID. I am just confirming right now that before you can receive money through Western Union you MUST have [...]

22 October 2010 10 Comments

VTN Mobile Payment; What you need to know

After we got a scoop from VTN about their new m-payment platform, we were given the application to test. We asked some questions which we thought might be on minds of most consumer’s The CEO Peter Ojo, responded to our questions; Q-What structure do you currently have on ground to effectively reach mainstream in the [...]

30 September 2010 0 Comments

A more secure e-payments in Nigeria– restoring buyer confidence

Ask any regular John on the street why they don’t buy things online and I bet you the odds are that 7 out of 8 (who know you can do that online) will tell you they don’t trust ‘the site’ that’s why they don’t buy online. Anyone who understands how the Insterswitch Webpay system works [...]

27 August 2010 5 Comments

MMIT innovator of MobileWallet to take Mpayment to Unilag

MMIT the innovator of Mobile payment system launching soon in Nigeria will be conducting a test run of the platform in University of Lagos this Saturday. Jide Akindele the CEO Said: <break/> MMIT will be doing a Live RESEARCH demo mobile money transfer at Unilag tomorrow in conjunction with Mobile Money Africa. MMIT will be [...]

04 August 2010 1 Comment

LFR Communications, Inc. to license its Mobile Payment gateway to additional Mobile Payment providers in Nigeria.

As mobile viable mobile payment system is urgently needed in the country, things are beginning to take shape. LFR is the owner of VTN platform which we had an interview with recently. In the press release below, LFR has extended the service to Nigeria. Remember also that VTN recently conduct a private place to raise [...]

11 May 2010 1 Comment

VTN, Nigerian e-payment site set to raise N1.5 Billion ($10M) for expansion

We interviewed VTN CEO, Peter Ojo recently about their innovative e-payment system. Today comes a very big news, Virtual Terminal Network (VTN) is set to raise N1.5 billion ($10Million) in private placement. I got the scoop in my mail just this morning. The fund is said “… will be used for the expansion of the [...]

08 April 2010 0 Comments

The Net Prophet 2010 holds in May

The Vision of Net Prophet is: “Take the most innovative/successful/creative/ambitious thinkers and entrepreneurs in the Internet space, and ask them to share their stories, ideas and predictions for the future in a format that is fresh, relevant and engaging. The result: Net Prophet.” The annual event will hold on the 13th of May 2010 at [...]

07 April 2010 2 Comments

Interview with VTN CEO on e-payments solution in Nigeria

Earlier in the year, in our annual tracking of top website in Nigeria. I did mentioned that e-payment is one of the biggest opportunity yet unexplored in Nigeria. In a series of exploring e-payment service providers, we caught with the CEO of Virtual TerminaL Network, to take us through their world and how they plan [...]

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