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THE FUTURE OF MOBILE PAYMENT IN NIGERIA

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Electronic payment mechanisms have improved in the last few years due to improvements in the technology that is involved. With the emergence of payment gateways like Interswitch and E-tranzact, payments via ATM cards have increased (Interswitch claims that there are now 26 Million e-payment cards out there) and this has in turn boosted sales on various e-commerce websites and at various brick-and-mortar stores that use POS (Point of Sales) machines to collect e-payments.

Mobile Payment is the next frontier.  It will be the redefining moment for the payment industry and we all have to be ready for it. Mobile Payment will allow customers to send money, pay for goods and services, pay bills and subscriptions, all via Mobile Devices.

At Mobile Monday, Rancard Mobility will be speaking in detail about their Mobile Payment Platform called PayApp.

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PayApp is a cloud based mobile payment gateway for carrier billing, mobile-payment, subscription management and micro-payments connected to leading operators across Africa and the Middle-East. This solution will help MNO’s (Mobile Network Operators), Content Providers and Developers monetize their content and increase their revenue by allowing flexible ways of billing customers. It also provides analytics and reporting on transactions making it a powerful platform for billing.

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There will also be Industry leaders in the area of Carrier Billing and mobile payment speaking at the event too.

The event will hold on the 26th of November 2012 at Bogobiri House, ikoyi, Lagos

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