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Wednesday, December 21, 2011

Mobile Money is innovative – Goschen


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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