Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

E-Business

The Future of Digital Payment is Now

Published

on

Kindly share this post

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.


Kindly share this post

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

Otti, Abia State Gov Promises Internet Access for all Abia Communities in 9 Months

Published

on

Dr. Alex Otti, governor, Abia.
Kindly share this post

All communities in Abia State are to be connected to Internet Service within the next 9 months, according to Dr. Alex Otti, state governor.

Otti, Abia State Gov Promises Internet Access for all Abia Communities in 9 Months

All communities in Abia State are to be connected to Internet Service within the next 9 months, according to Dr. Alex Otti, state governor.

Otti stated this at the Nnamdi Azikiwe State Secretariat premises at Umuahia, the state capital, while flagging off the first phase of the Umuahia Dedicated Internet Access/Wide Area Network And Managed Network Services Project (Project), saying that it promises to re-engineer efficiency and flexibility in operations and interactions within and amongst institutions, enhance policy execution, and engender a culture of outcome-oriented competition amongst civil servants.

The Project is being handled by iPNX, a major internet service provider.

At the ceremony, Otti, said the project includes distributing high-performance digital tools, laying fibre optic cables in public institutions, and installing infrastructure for high-speed data transmission.

He added that the initiative focuses on improving leadership efficiency, empowering civil servants with digital tools, and enhancing service delivery.

Transitioning to digital platforms would streamline government processes, enable faster communication among Ministries, departments, and Areas (MDAs), and improve engagement with development partners and the global community.

The governor also announced a mandatory digital literacy requirement for civil servants, making proficiency in technology essential for career growth.

Assuring that while the government would provide training, those unwilling to embrace technology risk becoming uncompetitive in the evolving civil service structure.

Plans are underway to expand digital access across Abia, with an agreement already in place to lay fiber optic cables in Aba, Umuahia, and Ohafia.

Otti directed Mr. Gerald Ilukwe, chief information officer to ensure that within nine months, every community in Abia must have reliable network service, enabling businesses to thrive virtually.

The Governor urged the people of Abia to embrace technology as a tool for empowerment rather than a replacement for human roles as the use of technology ought to be on enhancing service delivery and economic development, as well as keeping human decision-making at the core of governance.

The commencement of the initiative marks a major milestone in Abia’s journey towards a fully digital economy.

Ilukwe, described the project as a critical foundation for a digital government, emphasising its role in modernising service delivery.

Ilukwe said Phase I of the initiative prioritises multi-tenant buildings and complexes housing multiple MDAs and assured that MDAs not included in this phase would be covered in subsequent stages.

“Even as we are rounding off this phase, we are already preparing for the next, by the end of this service year, the entire government offices in Umuahia will be interconnected on a single network,” Ilukwe said.

Mr Ejovi Aror, group managing director, ipNX, expressed gratitude to Gov. Alex Otti for the opportunity to be part of the state’s digital transformation journey.

“This partnership signals the beginning of a new chapter in the journey towards building a digitally connected, technologically advanced, and economically empowered Abia State,” Aror said.

 

 


Kindly share this post
Continue Reading

E-Business

Visa to Establish Data Centre in Nigeria to ‘Boost Digital Economy’

Published

on

Andrew Torre, Visa’s regional president for central and eastern Europe and Vice-President Kashim Shettima
Kindly share this post

Visa, global payment services giant, has announced plans to establish a data centre infrastructure in Nigeria.

Visa to Establish Data Centre in Nigeria to ‘Boost Digital Economy’

Andrew Torre, Visa’s regional president for central and eastern Europe and Vice-President Kashim Shettima

According to a statement by Stanley Nkwocha, senior special assistant to the president on media and communications (office of the vice-president) on Friday, Andrew Torre, Visa’s regional president for central and eastern Europe, the Middle East, and Africa, spoke during a courtesy visit to Vice-President Kashim Shettima at the presidential villa in Abuja.

“This is in addition to its investments of over $1 billion in the country, including a substantial technological partnership with @moniepoint to foster digital payment solutions, a $200 million investment in Interswitch, and a partnership with @thriveagric to empower smallholder farmers and enhance food security in Nigeria,” the statement reads.

During the meeting, Torre said the plan to establish the data centre infrastructure aims to bring new technologies into the Nigerian market that would bolster the nation’s growing digital economy.

“Visa has been making investments and will continue to make these investments in Nigeria,” he said.

Responding, Shettima welcomed Visa’s expansion efforts, assuring the delegation that the partnership between Visa and the Nigerian government would continue to flourish.

The vice-president commended the company for investing in ThriveAgric, noting that President Bola Tinubu’s administration is deeply committed to repositioning the agriculture sector, which remains a top priority in its 8-point agenda.

“Nigeria is where the action is. Of the 10 fintechs in Africa, about eight are in Nigeria, with moniepoint as the newest addition,” Shettima said.

“Agriculture is key to the 8-point agenda of the present administration. President @officialABAT is really keen on repositioning the agriculture industry here, and we have to invest in technology, we have to invest in modernisation.”

On January 23, Moniepoint, a Nigerian fintech company, announced it secured investment from Visa to support the growth of small and medium enterprises (SMEs).

 

 

 

Andrew Torre, Visa’s regional president for central and eastern Europe and Vice-President Kashim Shettima


Kindly share this post
Continue Reading

E-Business

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

Published

on

Mr Nyesom Wike, the minister of FCTA
Kindly share this post

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.”

 

 


Kindly share this post
Continue Reading

Trending