CreditSwitch, a Nigerian tech company, has launched the *931# shortcode that allows mobile phone users share or sell airtime across any mobile network in Nigeria.
Mr Tayo Adigun, Managing Director of Credit Switch told Technology Times at sideline of the launch event in Lagos that that CreditSwitch users will be able to transfer data to their loved ones as from October this year.
CreditSwitch reckons that data has been seen as the next area of growth in the Nigeria telecoms space and plans to ensure users can transfer data to their loved one effortlessly from the comfort of their mobile device irrespective of their network.
Market statistics released by the Nigerian Communications Commission (NCC) showed that by February 2016 Nigeria’s telecommunications market base has grown to 148,620,359 active telephone subscriber lines; 93,600,505 Internet users and 106.16 % teledensity.
Adigun says that the telecommunications market today ranks top in number of customers spread across the geographically-dispersed landscape of Nigeria. The indices and indicators also point to a vibrant ecosystem that fosters innovation, job creation and overall growth within the Nigerian economy.
“In a period where your mobile phone is the most trusted partner that you have especially to say connected in a digitally wired world, shortcode *931# is secured convenient easy, fast and proven” Adigun said at the Lagos launch of the CreditSwitch service that attracted stakeholder in the ICT industry, business and media professionals.
The CreditSwitch MD later told Technology Times that a CreditSwitch user can have a N5,000 daily transfer cap adding that the innovation is approved by the Nigerian Communications Commission, the telecoms regulator.
Acclaimed as a next level product coming out of Africa *931# , a dialing short code ”will motivate techie start up and encourage investment in mobile development. It will prompt an entirely new awareness of the upward growth and development of the ICT sector in Nigeria and Africa”, Adigun says.
According to him, “the idea that you can’t share your credit expect you are on the same operator platform has become very boring and frustrating. For instance, you have two phones with two different GSM operators, SIM cards and you have more than enough credit on a particular one. Instead of buying more credit, you can always take out of the other that has more than enough”, he explains.
According to him, CreditSwitch has been adopted by GSM operators in the country including Airtel and Glo, which means the users of both networks can start enjoying the unique service that the company is offering through them.
”Right now, we are starting with Airtel and Glo. We know other operators will engage in little or no time”, he adds.
According to him, the novel offering is also about conveniences and bonding for families and friends.