We have a lot of requests coming from Nigeria where people are eager to launch new mobile services. It’s no wonder. Nigeria is continent’s largest mobile market and tenth largest market in the world. And it’s just a beginning.
Mobile money is an industry which is on the rise now all over the world. The Nigerian Communications Commission has stated that a combined market for all types of mobile payments is expected to reach more than $600 billion (N91.8trillion) globally by 2013. Africa is a big player in this game as it now leads in mobile money deployment, with more than 40 million users ready to unleash new technologies. According to Information Economy Report 2011 the rapid expansion of mobile money systems is creating new opportunities for small-micro enterprises in low-income countries to access financial services. This will also help regular people easily pay for goods from mobile wallet, reducing theft and fraud.
Over 80 million Nigerians do not have access to financial services. That’s the highest number of unbanked people in Africa. Out of 150 million population, 89 million have mobile phones. This is a huge market which is yet to take on mobile money technology. Both the Nigerian government and financial service providers set their hopes on it as it will massively improve the country’s economy.
The question is: how you can become a part of this market without the need to heavily invest money and time in it? What is the easiest way to create a financial service? We offer what might be the best solution on the market, which is called Global USSD. Global USSD can help you to create mobile services from scratch, including the financial ones, and deliver them to any country in the world. We provide universal API which allows you to develop your service once and deliver it to any network in the world. You can also use it to launch services that you already developed.
Financial Service Delivery Platform is a special solution which was designed specifically for financial services. It has different scenarios that are used to ensure delivery of transactions at any cost, using SMS and USSD communication channels. It also allows getting information about a subscriber from mobile network and deliver it to your transactional system to decide whether to make transaction or not. This improves reliability and security significantly.
Contact us at info@eyeline.mobi for more information. And stay tuned.
