The online
shopping and merchant secure platform, PayU, has rolled out strategies to intensify
efforts to connect businesses to Nigeria’s online payment market, reports ITRealms.
Annual online payments in Nigeria, ITRealms gathered, is estimated to
surpass N200 billion this year from N167 billion in 2016.
Giving these insight in Lagos, Country Manager of PayU
Nigeria, Ms Juliet Nwanguma, told ITRealms
that in order to pursue PayU’s aggressive expansion in the online payment
market in Nigeria, “we have identified businesses that can benefit from
our global expertise across 16 markets
where we offer over 250 payment options.”
She also said that with over 2.3 billion users world-wide,
PayU is confident it could help businesses grow their market share and help
them to achieve their business objectives.
ITRealms reports
that data recently released by the Nigeria Interbank Settlement System (NIBSS)
showed that 5.5 million transactions worth N46.7 billion were generated through
online sales in the first quarter of 2017.
“This is an increase in the quarterly average of 3.5 million
transactions worth N33 billion in 2016. This 58 per cent growth is a clear
indication of the increased confidence and preference for online sales amongst
Nigerians,” Nwanguma declared.
Chuks Egbune/GEE
ITREALMS ... everything news digitally!
No comments:
Post a Comment