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What if you could “ping” money?

By Laju Iren

BlackBerry Classic
File: BlackBerry Classic

If you’re a Nigerian, then you most definitely have financial obligations. Not just to your nuclear family, but to your extended family, family of friends, friends of the family, charities and/or place of worship. Whether or not you are an entrepreneur, you have business dealings one way or the other. You need to send money. Sometimes, sending money is more of a challenge than the cost of the money itself. Unending traffic and long queues at banks make this an arduous task.

Leading digital payments and commerce provider, Interswitch, seems to understand this and has developed a way in which Nigerians can in a sense “ping” money. In collaboration with BlackBerry, the company has developed a new app called Quickteller Mini which is available for smartphones running Android, BlackBerry and iOS.

With this development, BBM users with a Nigerian bank account can make a request for money, airtime and payment for services from one of their BBM contacts. The Quickteller Mini App enables this in a secure and user-friendly way. This service is as easy as sharing a photo or file while chatting with a contact on BBM. Users can simply select the attachment option, choose Quickteller, enter the amount and make a request. The recipient of the message simply taps it and enters their account details. The money is credited to the recipient’s bank account instantly.

In support of the initiative, Group Managing Director/Chief Executive Officer of Interswitch, Mitchell Elegbe,  noted that “Person-to-Person transfers and electronic airtime recharge present a growing market opportunity in Nigeria. We are delighted to bring our secure payment services to BBM users in Nigeria. This partnership demonstrates how Interswitch continues to innovate and push the boundaries in African payments whilst enhancing the customer experience,”

.“BBM is one of the most popular messaging applications in Nigeria,” said Matthew Talbot, SVP Emerging Solutions at BlackBerry. “This new mobile payment service demonstrates how we have effectively evolved BBM from the best real-time chat experience to a true social engagement and e-commerce platform. By combining the strengths of BlackBerry and Interswitch, we have developed a service that puts Nigeria at the forefront of mobile payments and commerce innovations.”

 


Disclaimer

Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.