AfriGO has partnered with Moniepoint to distribute 5 million contactless cards, boosting financial inclusion and advancing Nigeria’s cashless economy. The collaboration enhances payment solutions, providing instant and secure transactions while empowering underserved communities with vital banking services.
AfriGO has formed a strategic alliance with Moniepoint to distribute 5 million contactless cards in a bid to enhance financial inclusion and support Nigeria’s transition to a cashless economy. This initiative represents a significant step in promoting digital payment adoption nationwide, facilitated by the efficient infrastructure of Moniepoint.
The new collaboration aims to provide users with secure and instant payment capabilities through a simple tap or hover of their AfriGO card on compatible payment terminals and mobile devices. This initiative constitutes a core part of AfriGO’s commitment to deepen financial inclusivity and lessen dependence on foreign exchange for transaction processes.
The AfriGO card introduces essential features such as instant settlement for merchants and enhanced cash flow management, thereby fostering business growth across Nigeria. With a vision for a connected financial ecosystem, Moniepoint will facilitate the inclusion of underserved communities, enabling access to vital banking services.
This partnership is centered around a vision of financial participation for all Nigerians, which includes the unbanked population. The collaboration seeks not only to distribute cards but also to empower individuals and businesses, reinforcing local innovation within the payment sector.
As AfriGO and Moniepoint join together, they exemplify the potential of local partnerships to develop effective, technology-driven financial solutions, marking a notable advancement in Nigeria’s payment landscape. Together, they aim to craft a more inclusive future for the digital economy in Nigeria.
In summary, the partnership between AfriGO and Moniepoint represents a pivotal effort to advance Nigeria’s cashless economy through the issuance of 5 million contactless cards. This collaboration prioritizes financial inclusivity, empowering both consumers and businesses. By enhancing digital payment options, the initiative aims to reduce the reliance on foreign currencies and unlock new opportunities within Nigeria’s financial sector.
Original Source: techafricanews.com
