30 results
- 21 Sept 2014
ATM Charge Will Boost Use of PoS - Ogungbade
Tunde Ogungbade, managing director and CEO, Global Accelerex Limited, a payment terminal service provider and a payment terminal application development company has about 19 years of global…
- 26 Jun 2012
Loyalty & Innovative Services Keys to e-Payment Adoption - Ogungbade
Tunde Ogungbade is the managing director of Global Accelerex. He spent the first decade of his career in consulting and has worked with global companies like Price WaterCooper, Ernst and Yong and…
- 13 Sept 2017
Innovation Summit to Address Gaps in Payment System
A summit on Point of Sales (PoS) terminal transactions in the country has been scheduled to hold in Lagos on the 29th September 2017. The program which is an intervention to address the gaps…
- 18 Dec 2019
Fintechs Charged to Drive Borderless Trade in Africa
The business community in Nigeria and players in the Fintech sector have been charged to take advantage of the opportunities that abound in the African Continental Free Trade Agreement (AfCFTA) by…
- 26 Aug 2018
Global Accelerex Wins Best Partner Award From Nexgo
Global Accelerex, the innovation leader in payment technology in Nigeria, has received the Best Partner Award from Nexgo, China’s technology giant. Hailed as the corporation’s highest tribute, the…
- 15 Jun 2020
Covid-19 Digital Converts Are the New Army that Arose from a Pandemic - Ogungbade
If the COVID-19 outbreak felt like a terrible dream to you, you are not alone! The rude awakening to the fact that the disease might be with us for a while is a new reality we all have to grapple…
- 21 Oct 2019
NCC, Galaxy Backbone, i-naira Support #MoDiTECH2019
Mobile and Disruptive Technology Forum (#MoDiTECH2019) will hold coming Thursday, October 24, 2019 in Lagos under the theme: Power of Digital Services. Nigerian Communications Commission (NCC),…
- 17 Nov 2019
PoS Innovation Summit Focuses on African Continental Free Trade Agreement
One of Africa’s leading e-payment companies, Global Accelerex, is set to host the 7th Edition of its PoS Innovation Summit on December 11, 2019 at the Grand Ballroom of Eko Hotel & Suites,…
- 14 Sept 2015
How and Why PoS Penetration is Tottering
Experts have blamed infrastructure and the bank-led model adopted by the Central Bank of Nigeria (CBN) to drive financial inclusion for the lethargic growth and use of use of Point of Sale terminal…
- 20 Sept 2015
Nigerians Suffer as Banks Appetite for Foreign Cards Grow
The fondness of Nigerian banks to persuade customers to settle for foreign card schemes at the detriment of locally grown schemes fuels an insidious and relegating effect on local efforts and the…
- 4 Oct 2015
Industry Mulls Cashback on PoS to Drive Cashless Scheme
Central Bank of Nigeria (CBN) Banks and Payments Terminal Service Providers (PTSPs) are working on the introduction of cashback from point of sale (PoS) terminal, in an effort to further drive…
- 21 Feb 2016
Value of PoS Transactions down to N46Bn in January
Merchants across the country recorded transactions through point of sale (PoS) terminals worth N46 billion in some 3.6 million number of transactions in January this year. The figure achieved…
- 10 Jul 2016
Cashless Nigeria @ 2: Stakeholders Chart Areas of Focus
Stakeholders in the electronic payment space have commended the success so far recorded in the cashless Nigeria initiative of the Central Bank of Nigeria (CBN) which clocks two years this July, even…
- 18 Jul 2016
Policy, Economy Hobble e-Payment Channels Deployment
Inconsistent policies by financial regulator and harsh economic situation in the country have been attributed as responsible for the slow deployment of electronic payment channels such as Automated…
- 21 Aug 2016
PoS Transactions Record N4Bn Increase in Value for July
The value of transactions merchants across the country recorded through point of sale (PoS) terminals increased by N4 billion in July this year, according to report from Nigeria Inter –Bank…
- 16 Oct 2016
Economy Fingered as POS Transactions Edge up in September
The state of the country’s economy has been attributed as being responsible for the low level of use of Point of Sale (PoS) terminal as a means of payment in the month of September this year, Nigeria…
- 30 Oct 2016
Deployment, Awareness Frustrate CBN Cash Back on POS
Slow deployment and lack of awareness have conspired to hobble the cash back on Point of Sale terminals (PoS) initiative by the Central Bank of Nigeria (CBN) in collaboration with banks, aimed at…
- 20 Feb 2017
PoS Transactions Drop in January by N16Bn
The value of transactions carried out over Point of Sale (PoS) terminals in the country dropped by N16 billion in January this year compared to the figure achieved in December 2016, as Nigerians…
- 13 Mar 2017
ePayment Stakeholders Gear for Cashless Initiative Relaunch
Stakeholders in the epayment ecosystem have pledged their readiness to cope with challenges that may arise with the reintroduction of charges on cash withdrawals. The Central Bank of Nigeria (CBN) in…
- 10 Apr 2017
Nigeria Occupies 7th Place on PoS Transactions in Africa
Nigeria occupies seventh position among African countries where the use of point of sale (PoS) form part of transactions, Nigeria CommunicationsWeek has learnt. According to a report by Indexmundi…
- 21 Aug 2017
Settlement Delays, Issuers Inoperative Hobble PoS Penetration
Stakeholders in the electronic payment ecosystem have identified delay in settlements by some banks as well as issuers inoperative among factors militating against increase in Point of Sale terminals…
- 13 Aug 2017
Banks Hinder Customers’ Card Choices with Card Schemes Alignment
Contrary to directive by Central Bank of Nigeria (CBN) for money deposit banks to offer their customers the option of choosing electronic card scheme of their choice, some banks still show preference…
- 4 Sept 2017
Experts Harp on Infrastructure Network, Awareness for Cashless Policy
Electronic payment operators have blamed the absence of robust infrastructure network and low level of awareness for the slow adoption of e-payment as a lifestyle. This is against the backdrop of the…
- 15 Oct 2017
Global Accelerex Revolutionizes Digital Payment with NEXGO G2
Global Accelerex, a Central Bank of Nigeria licensed and fully certified Payment Terminal Service Provider (PTSP) has launched Nexgo G2, an innovative point of sale (PoS) terminal into the electronic…
- 10 Dec 2017
Stakeholders Identify Fraud Risks Among PTADs, Merchants
Stakeholders in the Point of Sale terminal (PoS) payment ecosystem have decried absence of governance principle among some Payment Terminal Application Developers (PTADs) and merchants as responsible…
- 4 Mar 2018
Banks Outsource Payment Gateway Services to Fintech
Some money deposit banks have started the outsourcing of their payment gateway services to payment platform providers, in a bid to ensure efficient service delivery and focus on traditional banking…
- 16 Sept 2018
Stakeholders Rue Poor IT Services at MM, Banking Agents’ Locations
Stakeholders in the financial inclusion ecosystem have expressed worries over poor information technology services deployed by operators at mobile money and banking agents’ locations in the country.…
- 23 Apr 2019
PoS Innovation Summit to Drive Agency Banking
The Fintech industry in Nigeria is warming up for yet another round of electrifying discourses at the PoS Innovation Summit scheduled to hold on Tuesday, May 7, 2019 at The Wheatbaker, Ikoyi. The…
- 3 Feb 2019
AMMAN, Others Seek Review PoS Guideline for Agent Business
Electronic payment stakeholders have urged central bank of Nigeria (CBN) to urgently review its guideline on the use of point of sale (PoS) terminal in the country. The present CBN guideline…
- 19 Apr 2019
Global Accelerex, Indigenous ‘android PoS’ Firm Eyes Africa-Wide Expansion
The financial technology firm behind Nigeria’s first android POS terminal, Global Accelerex, is looking to expand across sub-Saharan Africa after its record operation in Nigeria. Global…