From February 1st to February 28th, 2026, Techeconomy gathered, KongaPay users will enjoy unlimited free transfers to any commercial bank in Nigeria.

This move directly targets a major pain point for Nigerian consumers: the cumulative burden of electronic transfer levies, SMS charges, and monthly “account maintenance” fees that characterize traditional Tier-1 and Tier-2 banks.

Beyond Zero Fees: Earning on Your ‘Float’

Unlike typical promotional windows that focus solely on transaction costs, KongaPay is introducing a passive income element to its digital wallet. During this period, users will earn loyalty rewards on their wallet balances, effectively turning a transactional account into a high-yield digital asset.

Crucially, the platform has removed traditional barriers to these rewards. Users can access their funds at any time with no withdrawal restrictions, a departure from many savings apps that lock funds for fixed durations to qualify for interest.

“How much did you spend on bank transfer fees last month? With KongaPay, you can send money to any bank for free. No hidden charges, no ‘maintenance fees’, just instant, seamless transfers,” the company stated in a recent dispatch to customers.

The ‘February Savings’ Play

Industry analysts view the 28-day window as a tactical “customer acquisition” drive. By offering a month of zero fees, KongaPay is inviting users to audit their banking habits and see the tangible difference in their disposable income.

Strategic Analysis: Fighting for the ‘Stickiness’

For KongaPay, the goal is stickiness. By encouraging users to move their transactional float, the money used for daily transfers and bills, into the KongaPay ecosystem, the platform increases the likelihood of those users staying beyond the February 28th deadline.

The integration of loyalty rewards acts as the hook. In a high-inflation environment, the ability to earn extra value on a balance that remains fully liquid is a compelling value proposition for the tech-savvy consumer.

“Switch to the smarter way to pay and save. Earn loyalty rewards on your wallet balance, giving you extra value just for keeping your funds in your wallet,” the bank urged.

With the offer set to expire at the end of the month, KongaPay is betting that 28 days of friction-free, rewarding banking will be enough to convince Nigerians to ditch the fee-heavy legacy banks in favour of a leaner, more rewarding digital alternative.

For consumers, the message is clear: February is the month to audit your alerts. If you are still paying to move your own money, you’re leaving value on the table.

The post KongaPay Challenges Traditional Banks with ‘Zero-Fee’ February appeared first on Tech | Business | Economy.

These apps cut through the noise, sending real-time alerts, personalised suggestions, and giving a far smoother checkout experience than simply browsing on a website or visiting a store.

Nigeria’s online shopping market is expected to hit $9.56 billion by the end of 2025, growing at about 11.86% annually, and shopping apps play a huge role in this growth.

With them, Black Friday is no longer stressful. Buyers can plan ahead, set notifications, build wishlists, and take advantage of app-only extras that usually reveal more price cuts. When the deals drop, app users usually get them first, long before they appear to in-store shoppers.

Shopping apps also solve many of the problems tied to Black Friday, including queues vanishing, stock levels being easier to track, and comparing prices taking only a few taps.

Top Black Friday Apps

1. Jumia Nigeria

Jumia is one of the biggest players in Nigeria’s e-commerce space, and its mobile app has become essential for anyone hoping to catch the best Black Friday savings.

Since bringing Black Friday to Nigeria in 2014, the platform has built a strong reputation for delivering genuine deals every year. Its 2025 campaign, themed “Do Pass Yourself,” runs from October 31 to December 1, creating a long window for shoppers to find major discounts.

One thing that sets the Jumia app apart is how quickly it alerts users to flash sales, treasure hunts, and exclusive app-only offers.

Deals usually appear on the app hours before they show up on the website, giving app users a clear advantage. The Black Friday hub features daily lightning deals, weekly mega offers, and filters that allow shoppers to sort items by discount size, useful when you want to identify the biggest price drops in seconds.

JumiaPay, the platform’s built-in wallet, also speeds up checkout and sometimes unlocks additional discounts. Fridays are the busiest days, and app users typically get advance notifications before major Friday deals go live.

2. Jiji.ng

While Jumia works like a traditional online retailer, Jiji is a classifieds platform, which gives it a different kind of value during Black Friday.

Its 2025 campaign, themed “Deals Na Water,” launched on November 1 with discounts of up to 85% across electronics, fashion, furniture, gadgets, and more. It’s particularly useful for finding both brand-new and fairly used items at prices that often undercut regular e-commerce stores.

Jiji’s strength lies in its massive product listings and precise search tools. Users can set filters for location, price, and item condition, and get alerts when new listings match what they want.

With more Nigerians shopping on their phones, Jiji has been leaning heavily on trust and transparency, using badges such as “Verified ID” and “Verified Seller” to help buyers identify trusted sellers quickly.

Unlike most online shopping apps, Jiji also allows bargaining. Buyers can negotiate directly with sellers through the app, which often leads to bigger savings, especially for high-value items.

Konga

Konga has grown into one of the country’s leading e-commerce brands, and its app stands out for focusing on customer rewards.

Its 2025 Konga Yakata Black Friday runs from November 1 to 30, offering discounts on original products from major brands such as Samsung, Lenovo, Xiaomi, LG, and HP.

The campaign includes flash sales, treasure hunts, fashion events, and the popular “Week of Wonder,” which typically features the deepest deals of the month.

The app integrates KongaPay, a digital wallet that unlocks extra savings. Through Yakata Xtra, users get an immediate 10% discount when they pay through KongaPay, on top of the Black Friday reductions.

The Konga Rewards programme also collects points on every order, which can be redeemed for future discounts or used to access special Black Friday-only deals.

The app’s layout makes it easy to move between categories, especially during brand battles where manufacturers compete for shoppers’ attention. For those mainly looking for electronics or home appliances, Konga’s partnerships with brands like EcoFlow and Haier Thermocool ensure reliable products, backed by proper warranties and secure payment options.

Conclusion

Black Friday 2025 offers buyers across Nigeria a chance to secure high-quality products at much lower prices, but to get the best deals, you must go beyond checking websites at the last minute.

The Jumia, Jiji, and Konga apps each bring something different to the table, and using them together often leads to bigger savings and better choices.

The loudest adverts don’t always point to the best offers. Some of the tangible bargains sit on platforms like Jiji or hide behind loyalty rewards and wallet bonuses in apps like Jumia and Konga. Savvy shoppers know this, and plan accordingly.

The post Black Friday Shopping Apps You Should Download appeared first on Tech | Business | Economy.

In a message to its customers titled “We Did It, and It’s All Thanks to You,” the company expressed gratitude to its growing user base for making KongaPay “more than just a platform” but “a community built on trust, innovation, and extra rewards.”

“From our very first download to our 100,000th user, every tap, save, and transaction has helped KongaPay grow into the trusted platform it is today,” the company stated.

The fintech firm, which started as an in-house payment solution for Konga’s online marketplace, has evolved into a robust digital finance platform enabling users to make secure payments, save, and access digital financial services with ease.

Industry analysts note that KongaPay’s growth reflects Nigeria’s accelerating shift toward digital payments.

According to data from the Nigeria Inter-Bank Settlement System (NIBSS), electronic payment transactions in Nigeria hit ₦600 trillion in 2024, representing a 45% increase year-on-year, as more consumers embrace mobile wallets and online banking.

KongaPay’s latest milestone also highlights the growing competition in Nigeria’s fintech landscape, which includes players such as Opay, PalmPay, and Moniepoint.

However, KongaPay’s close integration with the Konga.com marketplace and its expanding rewards ecosystem are giving it a unique edge among e-commerce-driven financial platforms.

“We’re raising a toast to our loyal users for choosing us to power your payments, savings, and more,” the message continued, encouraging users to stay connected through social media for upcoming product updates and engagement campaigns.

The milestone comes as Konga intensifies efforts to expand financial inclusion and digital adoption among Nigeria’s online shoppers and merchants.

With the fintech space projected to grow by over 40% in Africa by 2030 (Statista, 2024), KongaPay’s continued innovation could play a key role in shaping how Nigerians transact and save in the digital economy.

The post KongaPay Hits 100,000 Users, Credits Customers for Growth appeared first on Tech | Business | Economy.

Widely regarded as the biggest shopping festival in Nigeria, Konga Yakata has, over the years, become a highly anticipated event, attracting millions of shoppers eager to enjoy massive discounts, unbeatable deals, and an unmatched shopping experience.

Since its inception, Konga Yakata has redefined Black Friday shopping in Nigeria, growing to become more than just a sales period.

It is now a nationwide celebration of value, convenience, and trust, firmly establishing Konga as the go-to platform for shoppers seeking quality products at the best possible prices.

The 2025 edition promises to surpass previous years, with new innovations, broader product categories, and richer customer experiences.

A key factor that continues to differentiate Konga Yakata is the company’s firm commitment to authenticity.

As an authorized distributor of original products, Konga guarantees shoppers genuine items sourced directly from top global brands.

This assurance has earned the confidence of millions of Nigerians who turn to Konga for safe, reliable, and trusted purchases.

Equally important is the solid backing of Konga’s ecosystem, which integrates world-class assets across e-commerce, digital payments, logistics, and retail.

Konga is part of an ecosystem that also includes TD Africa, one of Africa’s largest technology distribution companies, whose support ensures that Yakata customers have access to the widest range of cutting-edge devices and electronics at unmatched prices.

This unique blend of ecosystem strength gives Konga an edge that no other player in the market can replicate.

During the Yakata season, shoppers will enjoy incredible price cuts across diverse product lines, including mobile devices, electronics, home appliances, fashion, beauty, groceries, and everyday essentials.

KongaPay, the company’s secure payment platform, will once again play a central role by offering shoppers seamless transactions, exclusive cashback offers, and additional incentives designed to enhance the overall shopping journey.

Konga’s nationwide logistics network, supported by its chain of physical retail outlets, guarantees that customers across the country will enjoy swift and reliable delivery of their orders.

This hybrid model, combining online and offline strengths, ensures that no shopper is left behind, regardless of location.

The 2025 edition of Konga Yakata will also feature surprise deals, exciting giveaways, and engaging live shopping experiences to keep customers entertained while they shop.

With deals unveiled weekly throughout November, shoppers are encouraged to prepare early, curate their wish lists, and stay connected via the Konga app and website to secure the best offers before they sell out.

Speaking on the upcoming event, the management of Konga reaffirmed the company’s commitment to delivering not just discounts, but also a superior shopping experience that builds trust and drives value for every customer. “Konga Yakata has become a tradition for millions of Nigerians. This year, we are raising the bar to ensure that our customers enjoy bigger savings, better deals, and the most rewarding Black Friday shopping experience yet,” the statement read. With the countdown officially underway, anticipation for Konga Yakata 2025 is building rapidly. Nigerians everywhere are encouraged to mark their calendars and get ready for what promises to be the most exciting shopping event of the year.

The post Konga Yakata Set for Grand Return in 2025 appeared first on Tech | Business | Economy.

This remarkable feat positions KongaPay as one of the very few Mobile Money Operators licensed by the Central Bank of Nigeria (CBN) to attain all three of these prestigious global standards.

The fintech company has successfully secured ISO 27001:2022 for Information Security Management, ISO 22301:2019 for Business Continuity Management, and ISO 20000-1:2018 for IT Service Management.

This triple ISO certification underscores KongaPay’s unwavering commitment to providing a secure, resilient, and consistently high-quality financial experience for all its users.

ISO 27001:2022 emphasizes robust information security protocols. It ensures that customer data is protected at every touchpoint. With several organisations reporting cyber-attacks lately, customers of KongaPay can rest assured that their financial information remains confidential, safeguarded from cyber threats or breaches.

ISO 22301:2019 focuses on business continuity management, which means KongaPay is equipped with robust business continuity management systems. These systems guarantee organizational stability and minimize transaction disruptions. Also, ISO 20000-1:2018 demonstrates KongaPay’s commitment to delivering high-quality IT services with standardized processes that ensure efficient and reliable performance for all transactions.

Financial experts have noted that these certifications significantly enhance KongaPay’s standing in the competitive fintech landscape, particularly at a time when data security and service reliability are paramount concerns for consumers making digital financial transactions.

For businesses and individuals looking for secure payment solutions, KongaPay’s enhanced assurance through clearly defined processes, documented procedures, and international standards-backed organizational stability reinforces the trust Nigerians have placed in them. The company’s investment in these certifications reflects a forward-thinking approach to building long-term trust with its growing user base.

As digital financial services continue to expand across Nigeria, KongaPay’s triple ISO certification establishes it as a trusted partner for secure, resilient, and internationally recognized mobile financial services. The company affirms its dedication to maintaining these high standards while continuing to innovate and improve the digital payment experience for all Nigerians.

The post KongaPay Raises the Bar with Three ISO Certifications appeared first on Tech | Business | Economy.

Running from April 1st to April 30th, the campaign delivers up to 70% discounts across a wide array of product categories, reinforcing Konga’s position as a customer-first platform that consistently delivers value.

Building on the momentum of its just-concluded Ramadan campaign, which delighted customers with curated offers on essential items, the Easter Fiesta goes even further — featuring mouth-watering deals across top categories such as electronics, smartphones, computing, fashion, home appliances, and Fast-Moving Consumer Goods (FMCG).

The campaign’s wide product mix is a clear nod to Konga’s deep understanding of its audience, ensuring that everyone—from tech enthusiasts to fashion lovers—has something to look forward to this season.

A notable highlight of the campaign is the strategic push toward mobile-first shopping, with exclusive deals and discount coupons available only via the Konga App.

This approach not only boosts convenience for users on the go but also reflects the brand’s broader digital growth strategy.

The app, available on both the App Store and Google Play, continues to drive engagement and conversion by offering a more personalized, seamless shopping experience.

Further enhancing the Easter offering is KongaPay, the company’s homegrown digital payment solution.

In addition to enabling fast, secure transactions, KongaPay rewards users with up to 28% returns on their savings, making it a powerful incentive for cost-conscious shoppers and a bold differentiator in the fintech space.

Delivery logistics also receive a boost through KongaNow, the platform’s same-day delivery service, available in Lagos, Abuja, and Port Harcourt.

With the Easter period being particularly busy for families and businesses alike, KongaNow offers peace of mind, ensuring that shoppers receive their orders with speed and reliability.

In a challenging economic environment, the Easter Fiesta Campaign provides a timely opportunity for Nigerians to stretch their purchasing power without compromising on quality. Whether for gifting, home upgrades, or self-indulgence, Konga’s latest initiative delivers unmatched value—wrapped in convenience and digital excellence.

To shop the Easter Fiesta deals, visit the website or download the Konga App.

The post Up to 70% Discount as Konga Unveils Easter Fiesta Campaign appeared first on Tech | Business | Economy.

Baxi by Onafriq, a leading payment service provider; FairMoney Microfinance Bank and KongaPay, a licensed mobile money operator known for its seamless and secure payment solutions are now part of Zone’s expanding ecosystem.

Zone, a regulated blockchain network that enables payments and acceptance of regulated digital currencies, is Africa’s fastest-growing payment infrastructure company.

This development follows the company’s recent launch of its decentralized PoS Payment Gateway product, ZonePOS, and the strategic partnership with Nigeria Inter-Bank Settlement System (NIBSS) Plc to decentralise Payment Terminal Service Aggregator (PTSA) functions using Blockchain Technology.

This development builds upon the recent onboarding of some of Africa’s largest and most prominent financial institutions—First Bank, UBA, and Zenith Bank—to Zone’s regulated blockchain network.

The addition of Baxi, FairMoney and KongaPay demonstrates the applicability and appeal of Zone’s technology across various segments of the financial services industry.

Zone secured a payment switching and processing license from the Central Bank of Nigeria in 2022, making its payment infrastructure Africa’s first regulated blockchain network for payments.

By integrating with Zone’s regulated blockchain network, Baxi, FairMoney, and KongaPay will significantly enhance their payment processing capabilities, benefiting from:

1. Direct Transaction Routing: Eliminating intermediaries and reducing failure points, resulting in faster, more reliable, and more scalable transaction processing at lower costs.
2. End-to-End Transparency: Providing automatic reconciliation, which eliminates chargebacks and prevents chargeback fraud.
3. Same-Day Settlement: Delivering quicker value for successful transactions to financial institutions and their customers.

Obi Emetarom, CEO and co-founder of Zone, commented on the announcement:

“We are excited to welcome Baxi, FairMoney, and KongaPay to our network. Their integration is an important step in our journey to advance the payment landscape in Africa and beyond. It underscores the growing trust in our technology and its ability to deliver on our promise of reliable, frictionless, and universally interoperable payment experiences across various financial service verticals. As we continue to expand and enhance our payment network, we remain committed to connecting every monetary store of value and enabling a truly inclusive financial ecosystem.”

This expansion of Zone’s network, coupled with its recent partnership with NIBSS to enhance Payment Terminal Service Aggregator (PTSA) operations using blockchain technology, demonstrates the growing acceptance and transformative potential of regulated blockchain in mainstream finance.

It sets a new standard for payment processing in Nigeria and potentially across Africa and other emerging markets, promising improved customer experiences and operational efficiency, along with reduced transaction costs, and enhanced financial inclusion.

The post Zone Onboards Leading Fintech Coys – Baxi, FairMoney KongaPay appeared first on Tech | Business | Economy.

The startup announced this via email sent to customers which reads: “We are thrilled to announce that the much-awaited KongaPay app is now live and available for download on the iOS App Store!

“We are delighted to bring you the convenience, security, and efficiency of KongaPay right at your fingertips. Whether you’re shopping online, paying bills, or sending money to friends and family, managing your finances has now gotten easier.

“To download the KongaPay app on your iOS device, simply visit the App Store and search for ‘KongaPay’. Once installed, you can log in with your existing KongaPay account or create a new one if you’re new to our platform”.

Launched by Konga, one of Nigeria’s leading eCommerce ​companies, KongaPay offers users a range of services, including online payments, bill payments, airtime purchase, and fund transfers.

The startup operates as a mobile wallet linked to users’ bank accounts or cards, allowing them to make seamless transactions across various merchants and platforms.

One of KongaPay’s key features is its emphasis on security. It utilizes advanced encryption technologies to safeguard users’ financial information and prevent unauthorized access.

Additionally, KongaPay’s integration with major banks and payment networks ensures reliability and widespread acceptance, making it a trusted payment solution for individuals and businesses alike.

With the rapid growth of e-commerce and digital transactions in Nigeria, KongaPay plays a vital role in enabling a cashless economy by providing a convenient and secure way for people to transact online and offline.

Its user-friendly interface, robust security measures, and broad acceptance make it a popular choice among consumers and businesses looking for a reliable digital payment solution in Nigeria.

The post KongaPay now on iOS App Store appeared first on Tech | Business | Economy.

Nigerians from all walks of life have had to contend with severe difficulties in the wake of the announcement by the Central Bank of Nigeria (CBN) which initially pegged January 31, 2023 as the deadline for the return of old series of 200, 500 and 1000 Naira notes.

Amid concerns raised in various quarters, the CBN had stuck to its guns, insisting there are no plans to shift the deadline, prompting some businesses to stop receiving the old series of affected denominations even ahead of the deadline for their return.

In a video from a media briefing held on January 24, 2023 after the apex bank’s Monetary Policy Committee (MPC) meeting in Abuja, CBN Governor, Godwin Emefiele, was quoted as saying:

“I must say here that unfortunately, I don’t have good news for those who feel that we should shift the deadline. My apologies. The reason is because just as the president has said on more than two occasions, and even to people privately, that for us, 90 days — in fact, we feel it’s 100 days — is enough for anybody who has the old currency to deposit the money in the banks.

“And we took every measure to ensure that all the banks were open or remain still open to receive all old currencies; 100 days, we believe is more than adequate…’’

However, the CBN had later revised its earlier stance, announcing a 10-day extension of the deadline for the use of old naira notes across Nigeria.

Emefiele, who disclosed he had received the approval of President Muhammadu Buhari for the extension, revealed that the new deadline is now 10 February 2023 instead of the former 31 January deadline, while adding that those who are yet to change their naira notes from the old to new ones, now have an opportunity to do so. Furthermore, the CBN Governor had urged Nigerians to utilise the opportunity because the deadline will not be extended again.

In the wake of this development, events had quickly escalated.

Nigerians had intensified the process of returning their old currencies to the banks, but the new/redesigned denominations were not so forthcoming or readily available, resulting in a scarcity that saw many resort to desperate measures.

Point of Sales (POS) terminal operators led the charge, hiking their service charges astronomically for the new denominations and even the old notes, blaming the excess charges on the difficulties they face in getting cash.

A few banks also had to shut down some of their branches as a result of insufficient cash to treat the deluge of visitors who throng the halls daily, some as early as the wee hours of the morning, in search of cash.

Some branches were also subjected to attacks by increasingly desperate customers. Owing to the associated pressure from a growing number of Nigerians who now sought refuge in online transfers, several bank apps consistently recorded failures, leaving many stranded and frustrated.

Mrs. Inuwa was one of the millions of Nigerians affected.

‘‘When I learnt of the deadline for the return of the old notes, I had immediately notified my family members and made plans to have all the affected denominations with me lodged in the bank even before the initial January 31 deadline. It proved to be a costly move as I was now virtually cashless and unable to access either the old currencies or the new notes. For five consecutive days, I had to leave the house very early to go and queue up at a bank in my vicinity, yet I was unable to withdraw any money. The queues were very long and before you know it, a representative of the bank would come out to announce that they have exhausted the cash sum for the day.

‘‘Patronizing the POS operators around me also proved to be another very costly venture. Some of them were charging as high as N1000 for N5000 worth of the old notes and even higher for the new notes. Transfers initiated to and from various commercial banking apps were also failing and at best, erratic. My kids could not go to school and my business was suffering. It was not just a frustrating experience but one of the worst times I have experienced.’’

Succour, however, came the way of Mrs. Inuwa when a friend of hers introduced her to KongaPay.

‘‘I had stumbled across KongaPay at a party late last year when one of my colleagues used it to process a transfer to the hosts. Back then, everyone had commented on how swiftly the transfer went through and the seamless experience. So, when my friend cited how KongaPay has helped her navigate the difficulties with cash scarcity and failing bank transfers, I saw light at the end of the tunnel.

‘‘It was very signing up for an account at www.kongapay.com and upgrading my account after complying with the KYC document requirements. Thereafter, I was able to not only say goodbye to the challenges of failed transfers, but I was amazed at all the other things I could do with my KongaPay account, including purchasing airtime, paying for DSTV bills, recharging my prepaid meter line, all without extra charges. It was indeed an eye-opener.

‘‘Most importantly, I have been able to pay my suppliers and resume my business after signing up as a merchant, while my children have also been able to return to school. Surprisingly, I have processed well over 90 transfers since I started using KongaPay in early February and I am yet to experience one failed transfer. I can also access and generate my statement of account with ease. It has been a gem of a discovery,’’ she concluded.

Launched in 2015, KongaPay debuted as a pilot product in partnership with Nigerian commercial banks in response to concerns expressed by customers about the confidentiality of their details while trying to make payment for products on the Konga website.

Since inception, the platform has grown immensely and under the drive of the new management of Konga, is leading the new-found appetite for digital payments among e-commerce patrons and other subscribers, processing tons of transactions on a daily basis.

KongaPay was recently identified as the leading provider of digital payment services for e-commerce transactions in Nigeria. The rating came from Statista, a globally renowned market and consumer data firm.

The post How KongaPay Saved My Life amid Naira Scarcity – Trader appeared first on Tech | Business | Economy.

The iconic partnership was signed at the prestigious House of Lords, London last week by Mr. Shiraz Jassa, Founder & CEO of Bibimoney and Dr. Leo Stan Ekeh, Chairman of Konga Group witnessed by Lord Anthony St. John of Bletso, Chairman of Bibimoney, and many other distinguished guests.

In his pre-signing speech, Lord Anthony, as he is popularly known, said the world has so much confidence in Africa and the Middle East because of infinite possibilities that could emerge with companies like Konga with great credentials.

‘‘We believe in the pedigree of ownership of such home-grown companies out of Africa and shall do our best to support KongaPay become a globally respected financial services company with the way technology is simplifying transactions borderlessly. Dr. Ekeh, we have many reasons to trust Konga,’’ he stated.

Also speaking, Mr. Jessa, a highly respected Fintech genius and Founder & CEO of Bibimoney, congratulated the Chairman and management of the Konga Group for elevating governance and trust in the mobile money business.

‘‘I must tell you that a lot of companies had approached us for partnership, but your history and the profile of your investors distinguished you from the rest and that is why we are signing an exclusive partnership with KongaPay. I can assure you that a in few months, you will become a very exemplary company out of Africa in the Fintech world after we have implemented the tech backbone that shall drive your different platforms seamlessly,’’ he said.

On his part, Chairman, Konga Group, Leo Stan Ekeh while appreciating Lord Anthony, the management of Bibimoney and other distinguished guests present, assured them that the vision of KongaPay remains very clear and that is to lead in Africa.

‘‘Our target is to onboard a minimum of 65m active Nigerians and Africans by the year 2025. As you are aware, we have complimentary benefits to extend to our customers unlike our competitors and that is, leveraging on our many verticals – Konga Marketplace, Konga Travel, Konga Health, Konga Food, Konga retail stores and many more to come. Most importantly, you can trust us. Thank you for the partnership,’’ he affirmed.    

The partnership between both trusted platforms will promote person to person transfers, bill payments with quality and trusted payment solutions to mobile money agents, merchants, businesses, donor agencies, government and individual consumers, among others. More to the point, KongaPay will leverage Bibimoney’s status as the world’s first interoperable mobile wallet on any phone, any mobile network, to roll out an exciting solution for Nigerian users.

‘‘This strategic alliance is coming at a time that technology is changing the way financial services are performed. In the next few months, users will be thrilled with a unique simple solution that is network agnostic, interoperable and accommodates any type of phone in the world,’’ disclosed Isa Aliyushata, Vice President, KongaPay.

Continuing, he stated: ‘‘KongaPay will also be rolling out lots of payment solutions that will facilitate cross-border payments, promote branchless and borderless trading across the world, whilst aiming not to leave a single person behind.  This, of course, keys in with the Federal Government’s bid to promote the benefits of the African Continental Free Trade Area (AFCFTA). As we grow our customer base which currently stands at 2 million, we would be expanding the range of services we provide in the next few months with lots of product offerings and benefits that are too great to ignore. KongaPay will continue to promote payment with trust,’’ he concluded.

The epoch-making partnership places KongaPay in a stronger position to grow its market share, while offering its growing customer base more exciting options and changing the narrative of financial inclusivity in Nigeria.

Licensed by the Central Bank of Nigeria (CBN) and insured by the Nigeria Deposit Insurance Corporation (NDIC), KongaPay has, since inception, played a key role as a leading provider of digital payment services for e-commerce transactions and other mobile money services in Nigeria. Likewise, Bibimoney is an award-winning mobile money platform, with global recognition and partnerships in Botswana, Zambia, Egypt, Uganda, India and the Solomon Islands, among others.

The post KongaPay at House of Lords, London, Signs Historic Partnership with Bibimoney appeared first on Tech | Business | Economy.