• Home
  • BIG STORY
  • Digital Transformation Series
  • ARTICLE SECTIONS
    • Tech News
    • Consumer Tech
    • Opinion
    • Interviews
    • Tech Market Updates
    • Promoted
Tuesday, January 31, 2023
  • Login
Technology Times
  • Home
  • BIG STORY
  • Digital Transformation Series
  • ARTICLE SECTIONS
    • Tech News
    • Consumer Tech
    • Opinion
    • Interviews
    • Tech Market Updates
    • Promoted
No Result
View All Result
  • Home
  • BIG STORY
  • Digital Transformation Series
  • ARTICLE SECTIONS
    • Tech News
    • Consumer Tech
    • Opinion
    • Interviews
    • Tech Market Updates
    • Promoted
No Result
View All Result
Technology Times
No Result
View All Result
ADVERTISEMENT
Home Tech Market Updates

Tecno Wallet: Tecno Phone Users Get ‘First Taste’ of Payment Service in Nigeria

Technology Times StaffbyTechnology Times Staff
10/06/2022
in Tech Market Updates
Reading Time: 4 mins read
1 0
A A
0
50
SHARES
110
VIEWS
Share on FacebookShare on TwitterShare on LinkedinShare on WhatsAppShare on Telegram

Chinese phone maker, Tecno says the first phase of its new payment service, Tecno Wallet, will be available to users of its smartphones in Nigeria.

The Tecno Wallet, according to the Chinese firm, will allow users to make easy and secure payments for a range of services, including money transfers, airtime, data, bills, and shopping.

“Through strategic partnerships with third-party financial institutions,” Tecno says that it is making a foray into the payment services sector with the launch of the Tecno Wallet, “a payment wallet and finance app built for its devices and integrated into the CAMON 19 series of phones.”

tecno-wallet-phone-uers-get-first-taste-nigeria

Danni Xu, Tecno Global CMO says, “as the consumers around the world transition from cash transactions to digital payments, Tecno Wallet will be a trusted tool that empowers every Tecno user to enjoy the ultimate convenience and make easy, fast and reliable payments.”

The pilot launch of Tecno started in May in Nigeria and is due to roll out to Kenya in the middle of June, the phone maker says, adding that future launches will include Ghana, Tanzania, Uganda, Code d’Ivoire and Senegal by the second half of 2022.

RelatedArticles

IXP: Medallion lifts 70% internet traffic in Nigeria

UNILAG to upgrade wireless internet service at main campus

Fatima Laher appointed MTN Group Legal Executive

SystemSpecs backs young Nigerian tech innovators

FiberOne wins Broadband award at NITA

Load More

According to a 2022 global study conducted by VISA, over 40% of consumers have already embraced cashless transactions or will only use digital payments within the next two years. Additionally, 59% of small business owners say they plan to exclusively accept digital payments within the same timeframe.

Tecno Wallet will be available for download on selected existing device series and will come pre-installed on new Tecno smartphones, including the upcoming Camon 19 series set to be unveiled in June 2022.

In the near future, Tecno Wallet will also offer cashback and promotional rewards, along with discounts and deals with participating merchants and retailers, the tech firm says.

tecno wallet

Key Features of Tecno Wallet

  • A smarter way to pay – Tecno Wallet lets every Tecno smartphone user to pay for anything, anywhere, conveniently and securely. The Wallet introduces a new integrated digital payment experience that makes the process of paying for data, airtime, bills and shopping fast and reliable.
  • Digital finance re-imagined – Tecno Wallet is the effortless way to go cashless. Consumers can use the Wallet to handle their everyday transactions, such as paying for airtime and groceries at the tap of a button, as well as access innovative financial services, all on one app.
  • All your money in one place – The Wallet helps consumers manage their finances in one place by connecting their existing cards and bank accounts to the app. Compatible major card schemes and financial institutions in the continent.
  • Instant Credit – Tecno Wallet integrates a revolutionary digital Instant Credit service that enables its users to access a credit line in seconds and enjoy an interest-free period of up to 16 days powered by licensed financial institutions. Traditional requirements such as paperwork, guarantors or fees are removed in favour of a data science-based approach that will empower customers to quickly access credit and grow their limit based on their payment behaviour.

The Chinese phone maker says its Tecno brand of smartphones, which “enjoys a leading market share on the African continent” is launching new devices to drive its expansion to a global audience and new premium segments.

The brand says it is announcing several big product breakthroughs on its upcoming CAMON 19 series. The company, which recently won an iF 2022 Design Award for its outstanding product innovations including an ultra-slim bezel as well as its fantastic dual-ring triple-camera layout, revealed that it is among the first to make Android 13 beta available on its latest Camon 19 Pro 5G.

The new series of devices will include original technology such as a RGBW camera sensor + glass, which has been co-developed with Samsung, as well as a cutting-edge dual-ring triple-camera layout. Tecno says.

Tags: nigeria technology newstech news

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
ADVERTISEMENT
Technology Times Staff

Technology Times Staff

News and Reports from Technology Times Newsroom. Call/SMS/ WhatsApp: +234 815 7000 100

RelatedArticles

medallion-data-centres-routes-70%-ixpn-traffic
Market Updates

IXP: Medallion lifts 70% internet traffic in Nigeria

byTechnology Times Staff
17/01/2023
0
110

Medallion Data Centres says it carries over 70% of internet traffic...

Read more
UNILAG to upgrade wireless internet service at main campus

UNILAG to upgrade wireless internet service at main campus

17/10/2022
113
fatime-laher-appointed-mtn-group-legal-executive

Fatima Laher appointed MTN Group Legal Executive

09/10/2022
128

SystemSpecs backs young Nigerian tech innovators

25/02/2021
102

FiberOne wins Broadband award at NITA

25/12/2020
102

Stanbic IBTC dangles EZ Cash at yuletide

25/12/2020
101
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

fifteen − 10 =

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

LATEST ARTICLES

minister-trains-nigcomsat-board-management

Minister trains NigComSat Board and Management

31/01/2023
ncc-nigeria-girls-can-code-competition

NCC Hosts Nigeria Girls Can Code Competition

30/01/2023
kaspersky-chatgpt-will-influence-cybersecurity

Kaspersky: How ChatGPT will influence cybersecurity

25/01/2023
mtn-confident-starlink-nigeria-not-competition

MTN Group remains confident that Starlink’s internet is no competition in Nigeria

25/01/2023
can-starlink-disrupt-nigerian-service-market

Can Starlink’s foray disrupt Nigerian internet service market?

24/01/2023
ADVERTISEMENT

Popular News

  • starlink-begins-local-internet-routing-nigeria

    IXPN: Starlink starts local routing of internet traffic in Nigeria

    85 shares
    Share 34 Tweet 21
  • Can Starlink’s foray disrupt Nigerian internet service market?

    63 shares
    Share 25 Tweet 16
  • Emeka Offor’s Open Skys joins Mafab to raise unified licensing ecosystem

    61 shares
    Share 24 Tweet 15
  • Nigeria: Five top-selling mobile phones below ₦5,000 

    81 shares
    Share 32 Tweet 20
  • PC: How to spot symptoms of CPU failure

    88 shares
    Share 35 Tweet 22

Recommended

  • Tech News
mtn-confident-starlink-nigeria-not-competition

MTN Group remains confident that Starlink’s internet is no competition in Nigeria

25/01/2023
122
can-starlink-disrupt-nigerian-service-market

Can Starlink’s foray disrupt Nigerian internet service market?

24/01/2023
140
samsung-galaxy-s21-ultra-smartphone-review

Why Samsung Galaxy S21 Ultra: Everything you should know about the sleek 5G device

24/01/2023
115
nigeria-internet-police-alerts-account-takeover

Nigeria’s internet police alerts of account takeover spike by cyber criminals

19/01/2023
125
starlink-begins-local-internet-routing-nigeria

IXPN: Starlink starts local routing of internet traffic in Nigeria

18/01/2023
189
cnf-wants-nass-reconsider-nitda-bill

CNF wants NASS to ‘reconsider’ NITDA Bill

16/01/2023
117
Load More
ADVERTISEMENT
Facebook Twitter Youtube LinkedIn RSS

ABOUT TECHNOLOGY TIMES

Technology Times

Nigeria Technology Media Group

Founded in 2004, Technology Times’ trusted technology news, market intelligence, views and business services reach readers and partners across Nigeria, Africa and beyond.

Contct Us

LEGAL & COMPLIANCE

Home

Privacy Policy

Terms & Conditions

Disclaimer

Guest Post Guidelines

 

TOP ARTICLES

  • oswald-guobadia-on-nigerian-startup-act-2022

    Guobadia, President’s Digital Transformation SSA, says new Nigerian Startup Act 2022 is ‘welcome initiative that will address japa 100%’

    145 shares
    Share 58 Tweet 36
  • LAGOS | Website to verify vehicle numbers now live

    114 shares
    Share 46 Tweet 29
  • WhatsApp users in Nigeria ‘hit by new virus spreading across Africa’

    105 shares
    Share 42 Tweet 26
  • Valued Added Service: NCC pegs new tariffs for Nigeria’s telecoms market

    90 shares
    Share 36 Tweet 23
  • PC: How to spot symptoms of CPU failure

    88 shares
    Share 35 Tweet 22

ITU PP-22: Watch Ministers from Nigeria, 99 Member States deliver policy statements

w

©2022 Technology Times is powered by Digital Transformation Media Limited, Nigeria.

No Result
View All Result
  • Home
  • Offline with Shina Badaru
  • Analysis
  • Interviews
  • Big Story
  • Columns
  • Tech @ Work
  • Digital Transformation Series

©2022 Technology Times is powered by Digital Transformation Media Limited, Nigeria.

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Go to mobile version