30 results
- 19 Jul 2020
TITL Unveils Mobile Phone Point of Sales Innovation
Total Infotech & Telecoms Limited (TITL), has unveiled a Mobile Phone Point of Sales Service, to further boost financial inclusion in the country. A simplified alternative to POS machine, the…
- 29 Jan 2015
UBA Introduces Mobile Point Terminals
United Bank for Africa (UBA) Plc has introduced mobile Point of Sale (mPOS) terminals. The Bank said that it has gone live with this initiative in partnership with POS partners across Africa. A…
- 24 May 2010
Mobile Phone Sales Grew by 17% in First Quarter 2010
Worldwide mobile phone sales to end users totalled 314.7 million units in the first quarter of 2010, a 17 per cent increase from the same period in 2009, according to Gartner. Smarpthone sales to end…
- 24 Sept 2015
Konga Set to Hold ‘Mobile App Only’ Sales
Konga has announced an upcoming sale to be run exclusively on the Konga Mobile App. The 3-day sale has been tagged the ‘Happy Appy Sale’ and will run from Friday the 25thto Sunday the 27th of…
- 28 Sept 2009
Mobile Application Sales to Hit 165 Million by 2009
The number of smartphones sold each year is expected to hit 165.2 million by the end of 2009 and to reach 422.96 million in 2013, with the total number of smartphone users approaching 1.6 billion,…
- 19 Nov 2015
Huawei Records Highest Growth in Mobile Phone, Smartphone Sales in Q3
Continued demand for affordable smartphones in emerging markets drove worldwide sales of smartphones in the third quarter of 2015, according to Gartner, Inc. Global sales of smartphones to end users…
- 18 Aug 2014
Nomanini Mobile POS Hits Million Transactions
Nomanini, South African-based mobile point of sale (PoS) service for facilitating cash transactions in emerging markets has announced that informal vendors and micro-entrepreneurs across Africa…
- 4 Dec 2014
Heritage Bank Makes History with Nigeria’s First Portable PoS Device
Heritage Banking Company Limited, a burgeoning bank has introduced Nigeria’s first portable POS solution. The device is named “PortaPOS”. It is a product of Mobile Point of Sale (mPOS) revolution…
- 4 Jul 2016
EBS Seeks PF & FI Improved Collaborations for mPOS Growth
Guests at eNNovators Breakfast Series (EBS) believe that to deepen the adoption Mobile Point of Sale (mPOS) in the country, collaborative approach should be explored by Payment Facilitator (PF) and…
- 2 Mar 2018
CBN Grants Freedom Network Super-Agent License to Boost Financial Inclusion
The Central Bank of Nigeria, CBN, has granted an approval-in-principle, AIP, to 3Line Card Limited to operate as a super-agent in the nation’s financial services system in order to boost financial…
- 15 Mar 2016
Reliance Infosystems Introduces Sajenwa mPoS Solution for SME/MSME
Reliance Infosystems, an IT solutions company, has announced the introduction of Sajenwa Mobile POS; a new initiative for business owners. In a statement issued on Tuesday, Danjuma Audu, software…
- 18 Apr 2021
Sterling Bank Unveils App that Turns Mobile Phones Into PoS
Sterling Bank Plc has launched OnePay for Business, a mobile app that empowers merchants to use their mobile phones as Point-of- Sales systems. It allows merchants and their customers to receive and…
- 7 Oct 2021
Value of Transactions Done Through Mobile Banking Hit N9.7tr in 9months
The value of transactions done through mobile banking and point of sale (PoS) terminals between January and September this year increased by 89.7 per cent to N9.69 trillion as against N5.11 trillion…
- 10 Aug 2014
Revealed: mPoS Devices at Risk from Hackers
Researchers have found that most popular mobile point of sale (mPoS) devices which accept chip-and-pin cards contain several vulnerabilities, Jon Butler, head of research at MWR InfoSecurity, and a…
- 25 May 2016
Innovectives, MasterCard, UBA Boost Konga e-Commerce with Kesh mPOS Solution
Innovectives, NIBSS’s certified mobile point of sale service provider, in conjunction with MasterCard and United Bank for Africa (UBA) have collaborated with Konga, Nigeria’s leading e-commerce…
- 6 Nov 2015
Innovetices Unveils NIBSS Certified ‘SmartPesa’ mPoS for Nigeria
Innovectives Limited, Nigeria’s provider of secure and affordable transaction channels for the un-banked and under-banked public, has launched SmartPesa, its mobile point of sales (mPOS) terminal…
- 31 Mar 2013
NCR Integrates Social Media Features into mPOS Service
NCR, US-based global technology company has enhanced its Silver mobile point of sale (POS) service. The upgraded offering enables small business owners to provide marketing messages to customers via…
- 1 Mar 2019
OyaPay Closes Shop over Investor Dispute
OyaPay, a Nigerian mobile-based point-of-sale startup, has shut down after a year in business thanks to a funding dispute with one of the founder's family members, according to Techpoint Africa.…
- 8 Sept 2016
Ecobank Launches Flagship Masterpass QR in Nigeria
Ecobank Group has partnered with Mastercard to launch Ecobank Masterpass QR, an enhancement to the Masterpass global digital payment service that will enable millions of micro, small and medium…
- 19 Jul 2016
UBA, Mastercard Seal Deal on 5-Year Card Issuance in 19 Markets
United Bank Africa (UBA) and Mastercard have announced a partnership which will see UBA act as the issuer for MasterCard in 18 new markets in Africa. The partnership which came into effect in the…
- 19 May 2014
Banks, Merchants Invest $80m on PoS Terminals
Money deposit banks and merchants in the country have invested some $80 million in the acquisition of Point of Sale (PoS) terminals in their effort to facilitate electronic payment, Nigeria…
- 10 Jan 2015
Sales of Smartphones Rise 20% in 3Q 2014
Worldwide sales of mobile phones to end users were flat in the third quarter of 2014, according to Gartner. However, sales of smartphones to end users grew 20.3 percent to reach 301 million units.…
- 29 Aug 2017
Youtap Introduces QR code Payment Apps in Africa
Global provider of mobile payments and financial services software Youtap has introduced a QR code solution and smartphone apps for mobile money services in Africa and Asia. As a global provider of…
- 17 Dec 2024
CBN Pegs Daily Transaction Limit on PoS Agents @ N1.2m
The Central Bank of Nigeria (CBN) has restricted Point of Sales (PoS) agents to a daily transaction limit of N1.2 million. The apex bank revealed this in its ‘Circular on Cash-Out Limits for Agent…
- 19 Nov 2021
AMMBAN to Unveil Task Force on PoS Operators' Activities
The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), said it has concluded plans to set up a task force to regulate Point Of Sale terminal (PoS) activities in order to check…
- 15 Jun 2015
90% Transactions in Africa Still Done in Cash- MasterCard
In spite reforms, innovations and regulations to minimize the amount of cash transactions in the 21 Century Africa, MasterCard has revealed that cash still accounts for 90% of transactions on the…
- 31 Aug 2025
AMMBAN Faults CBN’s 60-day Deadline on PoS Geo-Tagging
The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has expressed concern over the Central Bank of Nigeria’s (CBN ) 60-day deadline for the mandatory geo-tagging of Point of Sale…
- 30 Jun 2023
Mobile Money Agents Explains Recent Hike in PoS Charges
Mobile Money Agents, under the aegis of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), said the recent increase in Point of Sales (PoS) transaction charges is a reflection of…
- 10 Jan 2013
Wincor Nixdorf Joins Digital Wallet Wars
Wincor Nixdorf, known more for ATMs and point-of-sale solutions, has joined the digital wallet wars with the introduction of Wincor Wallet, a digital wallet that is integrated into its retail and…
- 14 Feb 2012
Interswitch Boosts Cashless Policy with Electronic Payment Solutions
The Cashless policy aimed at encouraging electronic-based transactions and reducing the amount of physical cash in circulation has been given a push by Interswitch with the availability of its…