Nairtime Unwraps e-Recharge Solution for Telecoms Subscribers

Nairtime Limited , electronic transaction processing firm,  has developed an electronic airtime recharge system for subscribers of telecoms operators in Nigerian market.

The solution will also allow companies, agents, distributors and vendors to top up airtime accounts of their various members of staff or customers with any payment denomination on any of  Nigerian giant telecoms companies ranging from Glo, Airtel, Etisalat and MTN.

Mr. Haidar Said, managing director, Nairtime Nigeria Limited, a subsidiary of Channel IT Group, said that the service could work on both prepaid and post-paid accounts, for benefit of customers who might have been on any one of this platform would be easily recharge electronically in any part in Nigeria.

“The technology is instant and hassle-free, and the customer or company will get a discount on any amount using the system, which power through www.nairtime.com,” he said.

He said Nairtime would set up a multi-level retail channel, comprising of distributors and agents, to enable consumers to recharge airtime (pin and pin-less top up).

To ensure rapid market penetration and coverage, said agents would be equipped with free transaction terminals such as mobile phones, mobile Point of Sale terminals, desktop PoS terminals and netbooks.

“Consumers do not require bank accounts, debit cards or credit cards. Upon cash payment to the agent, they can purchase the services or create a mobile wallet from which they will be able to carry out such transactions. Banking services are, therefore, brought to the unbanked,” he said.

According to him, free POS terminal to small and medium resellers or corporate clients, which is GPRS based for on field operations for free of charge while Internet access is not important for the operation delivery.

Said, maintained that it firm service is also beneficial to agents and vendors, since a single wallet manages all services thereby reducing working capital and enhances cash flow. He said, it makes business more organized and add more value .