VeriFone, Teasy Mobile in Nigerian mobile money launch

Wednesday 5 March 2014 08:17 CET | News

Nigerian mobile payment service provider Teasy International Company has partnered with VeriFone Mobile Money to provide a range of mobile money services for the local market.

Teasy will work with local industry players to roll out VeriFone contactless POS devices, while VeriFone will integrate the mobile wallet, banking, and telecommunication provider networks with the POS terminals.

VeriFone Mobile Money is a joint venture between VeriFone and Mobilis Networks, a provider of cloud-based SaaS (Software as a Service) services for mobile banking, billing and payments.

The technology used will be a combination of biometrics and NFC on mobile devices and cards.

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Keywords: VeriFone, Teasy Mobile, Nigeria, mobile money, mPOS, NFC, mobile wallet
Categories: Payments & Commerce
Countries: World
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Payments & Commerce

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