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NowNow Says ‘Ditch Traditional Leather Wallet’ as Mobile App Goes Live

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NowNow, has launched an innovative consumer mobile wallet (M-Wallet) to boost financial inclusion in the country.

NowNow, a mobile wallet offering from Contec Global InfoTech Limited is a PCI DSS compliance platform which ensures all transactions are secure and certified by Commodo SSL.

Mr. Sahir Berry, the managing director of NowNow told Nigeria CommunicationsWeek that the m-wallet has been unleashed as an app for doing payments recharges and transfer money electronically.

The wallet, Nigeria CommunicationsWeek learnt, can be opened against a mobile number, First Name and Last Name. You can use the service if you have a smartphone and internet access to the phone. The NowNow Wallet is easy to use, safe and having faster payment process.

The NowNow wallet aims to eradicate the habit of keeping traditional leather wallets.

“The NowNow wallet, “allows user to perform mobile recharge, bill payments, money transfer to bank accounts, Peer to Peer transfer very quickly directly from the pre-funded wallet without entering the card details every time before performing the transaction.

“You don’t have to carry your leather wallet full of debit cards. Every time you don’t have to put your card details for every payment which is actually minimizing the risk of exposing your full bank account, unlike using a Bank app or USSD code especially at smaller merchants you may not be comfortable exposing your card or bank account details or for performing simple transactions like Mobile Recharge, Pay TV, Money Transfers”.

He said that over a period of few months’ consumers will be able to use NowNow wallets for payments at offline and online merchants.

“Moreover, when you pay using our wallet you will get cash back for every transactions or you may get a free discounted coupons usable at eatery, shoe shop, saloon, boutique redemption of the coupon may end up making your transaction absolutely free,”

Mahesh Nair, chief operating officer of the company, further explains he is optimistic about the future of mobile wallets in Nigeria in the coming years. As more people go mobile and embrace the newer and faster ways of making payments from mobile wallet.

Speaking further, the MD said that by using NowNow Wallet (App) customers stand to get “Hassle free fast, secure transaction procedure; cash back or discount coupon on every transaction; limiting your exposure to your direct full bank account to all merchants, especially for smaller transactions and monitor and keep a control on your daily expenses.

Other Specialities:
The NowNow app allows the unbanked easy access to financial services. Users gain access to a wide variety of financial and value added services which include but is not limited to being able to;

Receive Money Using Only a Phone Number
Send a request for money that allows people to pay you with a simple tap. Whether you’re collecting money for a group dinner or contributing to a friend’s upcoming nuptials, we make it easy for everyone to send and receive money.

Generate a QR Code and request for money is a very easy functionality available on the app.

Send Money Within Seconds
Send money to anywhere in Nigeria in just seconds. Send Money to NowNow wallet holders in the country using their mobile number.

Transfer Money and Cash Out at NowNow Agent point without an account number.

Transfer Funds to Bank Accounts
With your NowNow wallet you are able to transfer money to any bank account in the country and the money will be delivered to recipient’s account in minutes any day, anytime 24x7x365.

Pay Utility Bills with No Delays
Renew your subscription with your favourite pay TV and internet service provider. You can also take care of your electricity bill using your NowNow wallet. Merchants you can make payment using your NowNow wallet include but is not limited to GOtv, DStv, StarTimes, Consat, Smile Networks, Spectranet, Swift Internet, IkejaElectric.We can even buy itune credits, good play, xbox, skype credits and much more.

NowNow, Nair said, is constantly working to add more merchants and billers on the platform.

Purchase Airtime/Data
Recharge: Now stop scratching heads on scratch cards and USSD for recharging your airtime and data packs. You can easily recharge from anywhere and anytime and happily continue with our phone calls with our loved ones using NowNow Wallet.

Creating A NowNow Wallet
So now you don’t have to take the stress of carrying and paying by cash for any transactions the mobile wallet can be used for all types of transactions.

Over a period of time the wallet will be accepted at all online and offline merchants the idea is to promote wallet transactions.

Funding Your NowNow Wallet
You can fund your mobile wallet through any of the following ways: at any NowNow agent outlet; using the internet banking platform. At Bank branch, using your debit/credit card.

How It Works: Select phone number from your contact list; create a beneficiary list for recipients of your most frequent transactions; send and request money from using QR code; earn rewards for every transaction performed.


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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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Confronting the Google Monolith: Survival Strategies for Online Businesses

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By Reuben Kalu.

In the vast expanse of the digital realm, Google looms large, an omnipresent force shaping the way we navigate, search, and conduct business online.

From its humble beginnings as a search engine to its current status as a multifaceted tech behemoth, Google has entrenched itself deeply into the fabric of the internet.

Its influence is undeniable, its reach unparalleled, and its ubiquity seemingly inescapable. But can you truly run an online business without Google?

The answer, in today’s digital landscape, is a resounding no. You have no choice.

Google’s dominance extends across multiple facets of the online world, making it virtually impossible for businesses to thrive without engaging with its ecosystem.

From search engine optimization (SEO) to online advertising, email services to analytics, Google’s suite of products and services permeates every aspect of the online business landscape.

Attempting to operate without Google is akin to swimming against a relentless tide, fighting an uphill battle fraught with obstacles and limitations.

At the heart of Google’s influence lies its search engine, the gateway through which billions of internet users navigate the vast expanse of online content. .

Google’s search algorithms wield immense power, determining which websites rank prominently in search results and which languish in obscurity.

For businesses seeking to attract organic traffic and expand their online presence, optimizing for Google’s search algorithms is not merely advisable—it’s imperative.

But Google’s influence extends far beyond search. Consider Google Ads, the company’s advertising platform that enables businesses to reach targeted audiences through paid search, display, and video advertising.

With billions of searches conducted on Google each day, Google Ads provides unparalleled reach and visibility, allowing businesses to target potential customers with pinpoint accuracy.

Attempting to compete in the online advertising arena without leveraging Google Ads is akin to entering a battle unarmed—a futile endeavor destined for failure.

 

Moreover, Google’s suite of productivity tools, including Gmail, Google Drive, and Google Workspace, has become indispensable for businesses seeking to streamline their operations and enhance collaboration.

With seamless integration across devices and platforms, Google’s productivity tools offer unparalleled convenience and efficiency, empowering businesses to work smarter, not harder.

Attempting to eschew Google’s productivity suite in favor of alternative solutions is not only impractical but also unwise, depriving businesses of the tools they need to succeed in today’s fast-paced digital landscape.

Furthermore, Google Analytics stands as the gold standard for web analytics, providing businesses with invaluable insights into their online performance and audience behavior.

From tracking website traffic and user engagement to analyzing conversion metrics and customer demographics, Google Analytics offers a comprehensive toolkit for optimizing online marketing strategies and driving business growth.

Attempting to gauge online performance without leveraging Google Analytics is akin to flying blind, devoid of the critical data needed to make informed decisions and drive meaningful results.

But perhaps the most formidable aspect of Google’s influence lies in its role as a gatekeeper of information and access.

With billions of users relying on Google’s platforms and services each day, the company wields immense control over the flow of online traffic and the dissemination of information.

For businesses seeking to connect with customers and expand their reach, Google’s dominance presents both a tremendous opportunity and a formidable challenge.

Attempting to circumvent Google’s influence and establish an online presence independent of its ecosystem is a Herculean task, fraught with uncertainty and risk.

In essence, attempting to run an online business without engaging with Google is akin to swimming against a relentless tide, fighting an uphill battle fraught with obstacles and limitations.

While alternative platforms and solutions exist, none possess the ubiquity, reach, and influence of Google’s ecosystem.

To thrive in today’s digital landscape, businesses must embrace Google’s dominance and leverage its suite of products and services to their advantage. You have no choice.

In conclusion, Google’s pervasive influence permeates every aspect of the online business landscape, making it virtually impossible to escape its grasp.

From search engine optimization to online advertising, productivity tools to web analytics, Google’s ecosystem encompasses a vast array of products and services that have become indispensable for businesses seeking to succeed in the digital age.

While alternative solutions may exist, none possess the ubiquity, reach, and influence of Google’s ecosystem.

To thrive in today’s digital landscape, businesses must embrace Google’s dominance and leverage its suite of products and services to their advantage.

You have no choice.


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Hydrogen Hosts Catalyst Workshop, Highlights Resilient Business Models for Fintech Startups

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As part of its mission to empower African businesses with tools needed to thrive, garner admiration, and foster global acclaim, leading payment solution company, Hydrogen Payment Services Company Limited (Hydrogen), recently partnered with the Co Creation Hub (CcHub), to host the latest edition of the Catalyst workshop in Lagos.

The discourse addressed the potential risks and opportunities for startups and saw experts advise participants on the need to develop resilient business models that would scale across different economic climes.

Moderated by Miracle Ezechi, Digital Marketing Manager, Hydrogen, the panel session addressed dominant issues about the theme: ‘Adapting Fintech Business Models to Economic Climes: Flexibility, Agility and Customer-centricity’.

Mr. Emeka Awagu, Chief Technology Officer, Hydrogen, who spoke as a panellist, addressed the issue of customer-centricity, which according to him, is key to Fintech growth.

He advised startups to listen to customer demands and understand their needs in order to develop the right solutions that will lead to long term market viability.

“Innovation is key for startup growth. However, understanding customers’ needs and change in behaviour will help any startup to innovate better.

“Startups must be flexible and agile to develop solutions with high interoperability and processing speed, and they must be ready to learn from startups that have failed,” Awagu said.

With an estimated 61.07 percent of startups failing, the participants stressed the need for prudence.

“Statistically, a staggering number of startups fail, often due to financial mismanagement. Hence, founders must prioritise understanding and maintaining a healthy the Cost-to-Earnings ratio.

“It is not just a number, but a pivotal indicator of a company’s financial health as well as being a key attractiveness determinant for investors,” Awagu added.

On his part, Ina Alogwu, the Group Director, Digital Transformation, ARM HOLDCO, who also spoke as a panellist at the session, stressed the need for startups to develop sustainable products and solutions that will help them remain competitive in an environment that is faced with harsh economic realities.

“Many startup businesses fail within their first five years, however upcoming startups should not be discouraged, rather develop a culture that will encourage them to understand the reasons for failure and learn from mistakes.

“Startups should not be too rigid with their solutions and should be ready to accept changes that will drive innovation,” Alogwu stated.

Hydrogen will be deepening its economic impact series with a webinar planned for Thursday, April 25, even as businesses across Africa continue to face an array of challenges, ranging from inflation and currency fluctuations to rising operating costs.

Themed ‘Navigating Economic Challenges: Strategies for Sustainable Growth,’ the webinar will delve into key areas critical for businesses to not only survive but thrive in the face of economic adversity. Register using this link – https://bit.ly/Hydrogenwebinar.

Esteemed panellists for this event include Taofik Odukoya, CEO, Vanguard Pharmacy, and Okechukwu Odimgbe, Chief Financial Officer, Hydrogen. The session will be moderated by Nnenna Sam-Obioha, Ecosystem Orchestrator, Hydrogen.

 


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Dexude Secures Funding to Revolutionize Education in Nigeria, Beyond

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Dexude, a leading edtech platform with operations in Nigeria, has announced that it has been awarded the prestigious Business Finland TEMPO funding.

Dexude Secures Funding to Revolutionize Education in Nigeria, Beyond

Charles Emembolu, founder of Dexude,

This significant funding injection marks a pivotal moment in Dexude’s journey towards transforming education through its AI-powered, live-first, expert-led, and community-driven platform.

The Business Finland TEMPO funding is specifically designed to support startups and SMEs aiming for international growth by building their expertise and solutions into international success stories in innovative ways.

Dexude’s commitment to innovation, coupled with its vision to enable a billion learners worldwide, aligns perfectly with the objectives of the TEMPO funding.

Commenting on this milestone achievement, Charles Emembolu, founder of Dexude, remarked, “We are incredibly honored and excited to receive the Business Finland TEMPO funding. This funding is not only a validation of Dexude’s mission to reinvent education but also a testament to the hard work and dedication of our team. With this support, we are poised to accelerate our efforts in democratizing access to quality education and empowering learners across Nigeria and beyond.”

L-r; Kelvin Chikezie, co-founder of Dexude; Kashifu Inuwa Abdullahi, Director-General/CEO of the National Information Technology Development Agency (NITDA); and Charles Emembolu, founder of Dexude

Kelvin Chikezie, co-founder of Dexude, added, “Securing the Business Finland TEMPO funding is a significant milestone for Dexude. It underscores our commitment to leveraging technology and innovation to revolutionize the way people learn and grow. We are grateful to Business Finland for believing in our vision, and we are excited to embark on this next chapter of Dexude’s journey.”

Dexude is on a mission to redefine education by providing learners with access to influential experts and thought leaders, live interactions, and a vibrant community-driven learning experience.

Through its platform, Dexude aims to break down barriers to learning and empower individuals to pursue their passions and unlock their full potential.

 

 

 

 


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