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Glo mobile money payment solution is not a news to most Nigerian citizen.It is not a news that Nigeria want to become a cashless nation and every one should follow the trend.in this vain, Globacom Nigeria is one of the company that has introduce mobile money into Nigerian economy. this is another innovative idea to make cash payment of transaction a breeze.with this, you can transact and pay for your transactions using your mobile phone.cool hun.
this is surely a welcome development in the Nigeria economy as one can now carry their money with them where ever they go without brief case.so you should not be left out in taking advantage from this new form of making payment with your mobile phone using glo mobile money.
it is compatible with any mobile phone that has the feature to send sms text message, so nobody is left out because you can take part in this new package.glo mobile money can enable you to make payments for dstv, utility bill, other transactions.you can call this a mini bank.
so how do i benefit from glo mobile money
1. it reduce the rate at which you may be carrying cash around
2.you can transact business with people and make payment using your mobile money.
3. it is definitely going to create employment opportunities because they would need the services of people to operate in every state in Nigeria.
4. it offers easy payment for your dstv, hitv, subscriptions, utility subscriptions, etc.so you can now make payment with ease through your mobile phone
lets here the rest of the information from the horse mouth
Globacom has partnered with two major licensed banks to launch Nigeria’s first mobile money service. Glo Txtcash, the new addition to the long list of firsts by the company enables mobile subscribers use their mobile numbers to store Electronic Value (E- Value) of money easily. With this service, subscribers can transfer money to any mobile number, spend the money directly from their mobile money account to pay for goods as well as buy airtime top-up for themselves and others!
Executive Director, Human Resources, Mr. Adewale Sangowawa said that Glo TxtCash will ensure that people will no longer carry a wallet and a mobile phone at the same time, anymore. "Your mobile phone now becomes your wallet, underscoring the convenience and safety of the service", he said.
Launched initially in partnership with UBA(Afripay) and IBTC, with their wide network across Nigeria, Glo TxtCash is easily available, even in the most remote part of the country, in line with the CBN's objective of enhancing financial inclusion through a "secure, convenient and reliable" mobile money account.
Sangowawa said that the objective of partnering with UBA and IBTC was to join hands with the foremost banks for their mobile money initiatives, to cater to subscribers across Glo Mobile network with the widest geographical coverage in the whole of Nigeria. "This initiative shall bring facilities similar to banking to the unbanked population through their mobile phones and will redefine their ways of life", he added.Also speaking at the launch of the trail-blazing service, Globacom’s Director, Telebanking, Ayotunde Kuponiyi, described the development as a landmark in customer care and convenience. "With the combined Stanbic IBTC and UBA outlets pan Nigeria, coupled with the wide reach of the Glo network, banking has invariably been brought directly to the palms of Nigerians", he said.
Glo TxtCash can be accessed by all Glo subscribers after registration and dialing *866# for U-Mo and *909# for Stanbic IBTC MobileMoney. Existing subscribers and new ones can perform various operations including: Deposit/Cash-In; Withdrawal/Cash-Out; Transfer from mobile to mobile; Buy Airtime credit for self or for others and Bill Payment. Other facilities are Account maintenance, balance inquiries, last transactions and mini-statement. It will also enable customers to request for PIN change.
Kuponiyi said the product is designed to encourage savings culture among Nigerians. "It requires less information to register for the services on mobile phones and it does not exclude any customer, regardless of the type of phone’’.
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this is surely a welcome development in the Nigeria economy as one can now carry their money with them where ever they go without brief case.so you should not be left out in taking advantage from this new form of making payment with your mobile phone using glo mobile money.
1. it reduce the rate at which you may be carrying cash around
2.you can transact business with people and make payment using your mobile money.
3. it is definitely going to create employment opportunities because they would need the services of people to operate in every state in Nigeria.
4. it offers easy payment for your dstv, hitv, subscriptions, utility subscriptions, etc.so you can now make payment with ease through your mobile phone
lets here the rest of the information from the horse mouth
Globacom has partnered with two major licensed banks to launch Nigeria’s first mobile money service. Glo Txtcash, the new addition to the long list of firsts by the company enables mobile subscribers use their mobile numbers to store Electronic Value (E- Value) of money easily. With this service, subscribers can transfer money to any mobile number, spend the money directly from their mobile money account to pay for goods as well as buy airtime top-up for themselves and others!
Executive Director, Human Resources, Mr. Adewale Sangowawa said that Glo TxtCash will ensure that people will no longer carry a wallet and a mobile phone at the same time, anymore. "Your mobile phone now becomes your wallet, underscoring the convenience and safety of the service", he said.
Launched initially in partnership with UBA(Afripay) and IBTC, with their wide network across Nigeria, Glo TxtCash is easily available, even in the most remote part of the country, in line with the CBN's objective of enhancing financial inclusion through a "secure, convenient and reliable" mobile money account.
Sangowawa said that the objective of partnering with UBA and IBTC was to join hands with the foremost banks for their mobile money initiatives, to cater to subscribers across Glo Mobile network with the widest geographical coverage in the whole of Nigeria. "This initiative shall bring facilities similar to banking to the unbanked population through their mobile phones and will redefine their ways of life", he added.Also speaking at the launch of the trail-blazing service, Globacom’s Director, Telebanking, Ayotunde Kuponiyi, described the development as a landmark in customer care and convenience. "With the combined Stanbic IBTC and UBA outlets pan Nigeria, coupled with the wide reach of the Glo network, banking has invariably been brought directly to the palms of Nigerians", he said.
Glo TxtCash can be accessed by all Glo subscribers after registration and dialing *866# for U-Mo and *909# for Stanbic IBTC MobileMoney. Existing subscribers and new ones can perform various operations including: Deposit/Cash-In; Withdrawal/Cash-Out; Transfer from mobile to mobile; Buy Airtime credit for self or for others and Bill Payment. Other facilities are Account maintenance, balance inquiries, last transactions and mini-statement. It will also enable customers to request for PIN change.
Kuponiyi said the product is designed to encourage savings culture among Nigerians. "It requires less information to register for the services on mobile phones and it does not exclude any customer, regardless of the type of phone’’.
Source gloworld latest news ENJOY.
don't be the last to get updates:Subscribe by email.
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nice one, very useful and educating thanks
ReplyDelete@anonymous,glad you find it useful.thanks for the comment.hope to see more of your comments
ReplyDelete