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Tag: Payment systems

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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Feb172023 by Abiodun1 Comment
How CBN Cashless Policy Impact Nigeria’s Economy

How CBN Cashless Policy Impact Nigeria’s Economy

Business, Finance
In an effort to enhance the efficiency and security of the Nigerian financial system, the Central Bank of Nigeria (CBN) introduced the Cashless Policy in 2012. The policy, which is aimed at reducing the amount of physical cash in circulation, has had a significant impact on the Nigerian economy. The CBN Cashless Policy is a set of guidelines introduced by the Central Bank of Nigeria to encourage the use of electronic payment channels for transactions in the country. The policy seeks to reduce the amount of physical cash in circulation and promote financial inclusion by encouraging the use of electronic payment channels such as Automated Teller Machines (ATMs), Point of Sale (POS) terminals, mobile banking, and internet banking. In this article, we will discuss the impacts of...
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Feb22023 by AbiodunNo Comments
iOS vs Android App Development: Which is the Best

iOS vs Android App Development: Which is the Best

Software, Technology
Android app development is the process of creating applications for devices running on the Android operating system. This involves the use of Java programming language and the Android Software Development Kit (SDK) that provides tools and APIs for building, testing, and debugging Android apps. The Android SDK includes a comprehensive set of development tools, such as Android Studio, the official Integrated Development Environment (IDE) for Android app development. To develop an Android app, you'll need a computer running a suitable operating system (e.g. Windows, Mac, or Linux), and an Android Developer Account, which is required to publish apps on the Google Play Store. iOS app development refers to the creation of apps for Apple's mobile operating system, iOS. This process ty...
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Jan312023 by Abiodun1 Comment
35 Sites to Get Free Online Jobs That Pay Daily

35 Sites to Get Free Online Jobs That Pay Daily

Jobs/Vacancy, Career
As the world of work continues to evolve, many people are now turning to free online jobs as a way to earn extra income. Whether you’re looking for part-time or full-time employment, there are plenty of opportunities available on the internet that don’t require any upfront costs. From freelance writing and virtual assistant services to data entry and customer service roles, there is something out there for everyone. Free online jobs refer to employment opportunities that allow individuals to work and earn money entirely through the internet, without requiring any initial investment or payment to start. The appeal of free online jobs lies in their flexibility, as they often allow workers to set their own hours and work from the comfort of their own homes. One great thing about workin...
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