The chief executive officer, MTN Nigeria, Mr. Brett Goschen,
has described mobile money as innovative, easy to use, convenient and very
secure.
Goschen in his speech at the launch of Mobile Money, a
mobile payment and remittance service powered by MTN in partnership with GTBank
and Fortis Mobile Money, in Lagos, said that the much awaited Mobile Money
service would dramatically change the face of communications and financial
services in the country.
He also said that it would provide a whole new and exciting
experience to customers nationwide.
Additionally, he said reliable sources estimated that as
many as two thirds of mobile phone users in the country do not currently access
formal financial services, with majority of them living in rural communities
and fringe urban areas.
For MTN, he said, Mobile Money represents another
opportunity to bring additional added value services to over 40 million and
growing subscriber-base.
He noted that the use of mobile money products would not
only improve the quality of people’s lives, but would further encourage banking
as opposed to storing one’s earnings in cash.
“Nigeria will also benefit as the impact of Mobile Money
will flow into other segments of the society and have a multiplier effect on
the economy,” he said, stressing that MTN is all about enriching lives and
acting as a significant catalyst for Nigeria’s socio-economic growth and
development.
Globally, he said, smart phones have driven an explosive
growth in mobile data usage and Nigeria is no exception, even as the increasing
convergence of industries such as banking, media, Information Technology (IT)
and entertainment with telecoms, thus providing further opportunities to meet
the needs of customers in the short and long term horizons.
MTN, he said, was excited to be at the forefront of
providing Nigerians with innovative products and services.
“We will continue to harness cutting edge technology to
deliver a variety of solutions that affect the way Nigerians live, work and
play,” he said.
Goschen expressed optimism that Mobile Money partners are
equally enthusiastic and committed to the goal of enhancing value provided to
their customers.
Remmy Nweke
ITREALMS Online ... delivering news for ICT4D
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