The Country Manager for PayU Nigeria, Ms Juliet Nwanguma, has
asserted that potentials in the Nigeria’s online payment market are above double
digital growth, reports ITRealms.
According to her, in a country of over 180 million people,
consisting of 61 million active bank customers and where e-payment transactions
are worth N56 trillion in a year, the potentials for online payments in Nigeria
is huge and waiting to be tapped.
She also revealed to ITRealms
that the mission of PayU is to leverage on Nigeria’s 97 million active internet
users to popularise and increase online payments in Nigeria.
“At PayU, we believe that with the deployment of appropriate
strategies and products which are designed to encourage more businesses to
adopt online payment, the market in Nigeria can record triple digit growth in
both volume and value of online payments. This is the driving philosophy of
PayU’s operations in Nigeria” she said.
ITRealms recalls
that since last year when PayU entered the Nigerian market, it claims to have
used the globally tested products such as tokenisation, recurring payments for
subscription services and single click payments for faster checkout.
Nonye Dom/GEE
ITREALMS ... everything news digitally!
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