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Wireless

IKaaz launches NFC-powered payments platform in Nigeria

Thursday 27 February 2014 | 10:44 CET | News
Indian mobile payments provider iKaaz has entered the African market by launching its itap-and-pay offering in Nigeria. Consumers use NFC tags that are linked to the mobile wallet, similar to a debit card that is linked to bank accounts, while merchants will use the iKaaz NFC mPOS to complete transactions, which are processed by the iKaaz payments platform. In addition to NFC, the iKaaz platform supports SMS-based payment transactions along with a mobile app.

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Categories: Mobile & Wireless
Companies: iKaaz
Countries: Nigeria
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