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E-Business

The Future of Digital Payment is Now

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By Adeniyi Ogunfowoke,

Digital payment has evolved beyond what happened in the past. Before its revolution, Nigerians had to carry cash around to pay for transactions, buy airtime, or even pay for DSTV subscriptions. Today, businesses and consumers have embraced technology to satisfy consumer demands to do things more efficiently, and with less time.

According to the latest data from the Nigeria Inter-Bank Settlement System Plc (NIBSS) reveals that the volume of electronic payment for utility bills, airtime top-up, cable TV, hotels and airlines, among others, grew by 55 per cent to reach 134,656 transactions in January this year from 87,076 transactions in the corresponding month in 2017.

Within this space, there are a number of players who are championing this cause through attractive and irresistible incentives to encourage consumers who are already comfortable paying for these services offline; some even have the contacts of the service providers, whom they beckon on anytime there is a need for such services. There is no doubt that one of the most difficult aspect of ecommerce is converting customers from offline to online, or plainly making them see why electronic payment makes life easier for them, not forgetting the cost-saving benefit.

Among such online merchants is one of Jumia’s revolutionary all-in-one, first-of-its-kind lifestyle App – Jumia One. The difference between Jumia One and other online platforms or Apps, or even banks, offering such services is that customers can pay for multiple digital services i.e. recharge airtime, pay bills (DSTV, PHCN, etc.), buy flight ticket, book a hotel, buy data, and many more.

Here are some of the ways Jumia is making digital payment attractive to Nigerians.

Enjoy 5% Cashback Bonus on Airtime & Data

Get 5% instant bonus as cashback on all your Airtime and Mobile Data recharges; up to ₦2500 cashback on each purchase!

Pay Zero Fee on Bills

Pay ZERO service fee on utility bills like DSTV, GoTV, Startimes, Kwesé TV, Smile, Swift, Spectranet, and electricity bills by saving ₦100 on each transaction.

Save Time and Money

Jumia One is the ”All-in-One” lifestyle App, where you can get access to different services in one click. Jumia One connects you to your favourite services faster and easier. You also get to save more whenever you use the App to make transactions.

Highly Secured Mode of Payment

One of the best things about the app is that, after your first login, you can access the app via your fingerprint or pattern lock. Also, no payment is completed on the app without sending an OTP (One Time Password) via a registered phone number or email, that way you can be assured no unwanted transactions can be performed. You also get an email for every transaction performed on the app.

Instant Refunds

You get an instant refund whenever a failed or incomplete transaction occurs.

Send Airtime & Data and Get Instant Cashback

Get an amazing 5% cash back each time you recharge your phone or send airtime to your loved ones. Whenever you purchase a data plan or buy a recharge card from MTN, Glo, Airtel and 9Mobile with Jumia One, you instantly get 5% of your cash back on every transaction you make.

All of this reaffirms the importance of digital transformation and its vital role in business evolution. And clearly, with the increase in digital payments, Jumia is also helping to bridge the gap between the banked and the unbanked and at the same that promoting the cashless policy of the Central Bank of Nigeria.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

E-Business

FCTA Approves N242.8m for Microsoft 365 Licence to Digitise FCT-IRS

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Mr Nyesom Wike, the minister of FCTA
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Federal Capital Territory Administration (FCTA) has approved N242.8m for the procurement of a Microsoft 365 licence for its Internal Revenue Service (FCT-IRS) as part of efforts to digitise the service’s operations.

FCTA Approves N242.8m for Microsoft 365 Licence to Digitise FCT-IRS

Mr Michael Ango, acting executive chairman of FCT-IRS, disclosed this after the FCT Executive Committee meeting chaired by Mr Nyesom Wike, the minister of FCTA,  in Abuja on Wednesday.

Ango said that the FCTA was making significant investments in technology to enhance revenue generation and collection.

“So, this is also one of those investments in technology that the FCT is undertaking.

“The licence, if procured, will enhance our ability to move most of our manual processes into automated processes.

“It will enhance our ability to communicate within our offices,” he said.

The executive chairman added that the move would also reduce the use of paper and ensure better record-keeping through the storage of information and documents in the cloud.

According to him, “The licence will essentially enhance our operations and assist us in generating revenue for the development of the FCT under Wike’s leadership.”

 

 


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E-Business

Rack Centre Hosts Olla Systems’ Private Cloud Infrastructure

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Rack Centre, West Africa’s Tier III Carrier and Cloud neutral data centre, has welcomed Olla Cloud Service, a new private cloud service by Olla Systems Limited, a leading provider of innovative technology solutions, to its facility.

Rack Centre Hosts Olla Systems’ Private Cloud Infrastructure

Hosting at Rack Centre, Olla Cloud Service runs on a state-of-the-art, cloud-enabled infrastructure for enterprise applications across diverse platforms, including mission critical application, web applications as well as containerised applications using Kubernetes.

Lars Johannisson, CEO, Rack Centre, welcoming Olla Systems, noted that the partnership with Olla Systems Limited would reflect the company’s commitment to providing African businesses with high- quality cloud computing services.

He noted that Olla Systems would enjoy Rack Centre’s 13.5MW data centre campus facility, designed to meet the highest international standards and offering scalable solutions to Hyperscalers, Enterprises, and Cloud service providers.

As part of its commitment to sustainability, the facility is equipped with energy-efficient systems, advanced cooling technologies to mitigate environmental impact and an optimally-designed feature to handle high-density workloads with precision.

According to Johannisson, “With Olla Cloud Service hosting at Rack Centre, clients will experience fast performance and low latency, enabling businesses in Africa to access world-class cloud computing services within a secure and compliant local infrastructure.”

Also speaking, Olusola Adenuga, chief executive officer, Olla Systems Limited, expressed enthusiasm about hosting at Rack Centre, noting that Olla Cloud remains a groundbreaking private cloud solution for businesses.

While highlighting the benefits of the partnership between Rack Centre and Olla Systems, Adenuga disclosed that “subscribing to Olla Cloud Service is cost-effective to customers because of its local currency payment advantage.”

She also noted that the partnership between the duo, provides businesses the opportunity to meet regulatory requirements of data residency, while enjoying world-class infrastructure as a service (IaaS) locally.

“Other benefits of hosting with Olla Cloud include: 24/7 support, unparalleled performance, scalability and agility.” she added.


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Firm Offers Steps to Prevent a WhatsApp Account from being Hacked

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A user’s messaging app account might be of interest not only to jealous spouses and nosy coworkers, but also to cybercriminals.

Stolen WhatsApp accounts are used for various types of criminal activity, ranging from spam distribution to sophisticated scam schemes.

Cybercriminals constantly look for WhatsApp accounts and use various methods to gain access to them.

There are two ways cybercriminals can gain control of a WhatsApp account: they can add another device to an existing account using the “Linked devices” feature, or they can re-register the account on their own device as if the user had bought a new phone.

“In the first case, the user continues to use WhatsApp as usual, but the criminals also have access to all recent conversations. In the second case, the user loses access to their personal account.

“When trying to log in, WhatsApp notifies him that the account is already in use on another device, and the attackers can then control the account but not the past conversations.

“Messengers are a private space, as they often contain personal information about our lives and relationships with family and friends. They can also contain information about work and, in some cases, confidential information.

“If you notice any unusual activity, such as receiving replies to messages that you didn’t send, or if your friends complain about strange messages coming from your account, it’s important to take steps to protect your privacy immediately,” comments Seifallah Jedidi, Head of Consumer Channel, META, at Kaspersky.

While you can check instruction on what to do in case a WhatsApp account was already compromised, here are the key steps on how to avoid a WhatsApp account to be hacked:

  • Enable two-step verification in WhatsApp and memorise your PIN — it’s not a one-time code. To do this, go to Settings → Account → Two-step verification.
  • Never, ever share your PIN or one-time registration codes with anyone. Only scammers ask for these details.
  • WhatsApp recently introduced support for passkeys. If you enable this option (Settings → Account → Passkeys), logging in to your account will require biometric authentication, and instead of PIN codes, your smartphone will store a long cryptographic key. This is a very secure option, but it may not be convenient if you frequently change devices and switch between Android and iOS.
  • Set up a backup email address for account recovery: Settings → Account → Email address.
  • If you’ve already added an email address, log in to your email account and change your password to a strong, unique one. To store it securely, use a password manager, such as Kaspersky Password Manager.
  • Enable two-factor authentication for your email account.
  • Make sure you haven’t fallen victim to a SIM swap scam. Contact your mobile carrier — preferably in person — and verify that no duplicate SIM cards have recently been issued for your number. Also, make sure there’s no unauthorised call-forwarding set up on your number. Cancel any suspicious changes and ask the staff about additional security measures for your SIM card. These may include prohibiting SIM-related actions without your being present, an extra password required for authentication, or other protections. Available security measures vary significantly by country and mobile carrier.

Any security measures in WhatsApp will be of little use if your smartphone or computer is infected with malware. Therefore, be sure to install comprehensive protection like Kaspersky Premium on all your devices.

 


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