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Cashless society: First certified Android PoS Terminal debuts in Nigeria

By Prince Osuagwu

Licensed payment terminal service provider, Global Accelerex, says it is bringing Nigeria’s first single unit android point of sale terminal to help push up the country’s cashless society initiative.

The terminal to be known as NEXGO N5, would be certified for payment in Nigeria.

The company claims that the newest device would be the latest revolution in the nation’s payment system as it runs on Lollipop 5.0 operating system and performs four times faster than any other payment terminal available today.

The device is said to have efficient battery conservation and high performance. It is loaded with better protection against vulnerabilities and malware, giving users peace and allows them to focus on running their businesses effectively.

Commenting on the introduction of the new product, Mr. Kayode Ariyo, the company’s Chief Operating Officer said that the introduction of the terminal marks another milestone in their quest to revolutionize PoS business in Nigeria with the most efficient payment solutions. He noted that the company’s bias for world-class technology, excellent service quality and innovation resulted in bringing the technology.

Also, Chief Technical Officer, Mr. Stanley Peters, added: “We remain committed in our determination to deploy the best available PoS systems in the world into Nigeria. We will leverage technology to make payment systems faster, safer and more dependable.

The unique terminal offers improved network selection logic, limited interruption of connectivity and standby power time of 120 hours, lasting up to five days before the battery drains out”.

Packed with a Quad-Core processor, the smart terminal enables users multitask, giving them the luxury to perform multiple functions on the PoS terminal, without it slowing down or freezing. The processor also encourages lower power consumption and higher performance per watt.

With its sleek and stylish design, the device has garnered world-class certifications which include PCI – certification of payment data security by international standards; EMVco – evaluates the security of a payment card before a transaction is approved; Visa – for smooth transition of card and contactless transactions; Mastercard – enhances functional reliability, interoperability and overall security; and AmEX, which enables international card acceptance and seamless transaction approval.


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