Teasy International Company Limited, a Nigerian mobile payment services company that provides financial services through the use of a mobile phone has unveiled a new mobile Point of Sales (POS) payment system to boost the evolving cashless terrain in the country.
The concept which is designed to further ease retail and commercial trading in the country deploys Non Field Communication (NFC)/contactless payments solution and has been strengthen by VeriFone.
Musa Ali Baba, Executive Director of the company, said that beyond making retail payments easier and faster, customer’s satisfaction will be guaranteed with the newly-introduced system.
“We are very excited with the market opportunity that this solution will bring us, we believe that retail payments will seriously drive up the volume of transactions as well as grow customer confidence in the mobile payments space” Ali Baba said at the Abuja unveiling.
According to him, “we want to make smaller payments quicker, convenient and contactless.”