Tag: Mobile payment

Mar232023 by AbiodunNo Comments

Top Benefits of Using Opay POS Machine for Businesses

Top Benefits of Using Opay POS Machine for Businesses

Business, Business Startup

In today's digital age, electronic payment systems have become the norm for businesses across all industries. With more and more consumers preferring the convenience of cashless transactions, it's essential for businesses to adapt and provide this option to their customers. One way to do this is by using a POS machine. Opay is a mobile payment platform that offers a range of financial services, including money transfers, bill payments, and mobile top-up services. The company was launched in 2018 and has since become one of the leading payment platforms in Nigeria, with over 5 million registered users. In this article, we'll be discussing the top benefits of using the Opay POS machine for your business. In recent years, electronic payment systems have become increasingly popul...

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Mar222023 by AbiodunNo Comments

Why Digital Money More Secure Than Traditional Banking

Why Digital Money More Secure Than Traditional Banking

Technology, Internet

Today, the world has become more digital than ever. People are becoming aware that technologies are creating easy and uncomplicated lifestyles for them. One such technological revolution is the advent of digital payments. Electronic payments prove to be a more convenient and secure alternative to cash and traditional banking. As cryptocurrencies and other digital payment systems rise in popularity, there is an ever-increasing need to understand the advantages and cyber threats, such as cryptojacking, associated with them. In this article, we will explore digital money, its advantages, and why it is more secure than cash and traditional banking. What is Digital Money? Digital money is a type of currency that is stored and transferred electronically. It is a form of currency...

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Mar132023 by AbiodunNo Comments

Opay App vs. Other Mobile Payment Apps in Africa

Opay App vs. Other Mobile Payment Apps in Africa

Technology, Software

The rise of mobile payment systems in Africa has revolutionized how people transact with each other and with businesses. One of Africa's most popular mobile payment apps is the Opay App. Opay App is a mobile payment system that was launched in Nigeria in 2018. It was created by Opera Software AS, a Norwegian software company that specializes in web browsers and mobile applications. Mobile payment systems are digital systems that allow individuals to make payments using a mobile device such as a smartphone or tablet. These systems use mobile apps or web-based platforms to transfer funds from one party to another, typically through a linked bank account, credit card, or other payment services. Mobile payment systems have become increasingly popular due to their convenience and acc...

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Feb202023 by Abiodun3 Comments

Pros and Cons of Cashless Policy to Economy Growth

Pros and Cons of Cashless Policy to Economy Growth

Business, Finance

In recent years, cashless policies have gained popularity worldwide, especially in developed countries, as a way to enhance the efficiency and security of financial transactions. Cashless policy, as the name implies, refers to the adoption of electronic means of payment in place of physical cash. A cashless policy is a government or business decision to encourage or require the use of electronic payment methods, such as debit and credit cards, mobile payments, and online banking, instead of cash for financial transactions. The goal of a cashless policy is to reduce the use of physical cash, which can be costly to produce, store, and transport, and can also be susceptible to theft and counterfeiting. The cashless policy is aim to increase efficiency, reduce the informal econ...

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