Nigeria: Globacom Takes Mobile Money to Abeokuta, Enugu, Kano, Others




After a successful launch and a wide-spread acceptance of Glo Xchange, which is Globacom's mobile money network, in Lagos last month, the company has extended the service to Abeokuta, Enugu, Onitsha, Kano, and other cities of Nigeria.

More than two hundred Nigerians thronged the town hall meetings and one day training organized for prospective sales agents for the mobile money service network in newly added cities.

At the meetings, Globacom and its partner banks - Zenith, Stanbic IBTC, Ecobank and First Bank, enlightened the public and prospective agents on the rudiments of the mobile money business.
 




Addressing participants in Abeokuta, Globacom's Mobile Money Expert, Mr. Tim Mukata described the Glo Xchange agent initiative as a veritable avenue for business minded Nigerians to make money on every transaction without losing their initial deposits.

"Being a Glo Xchange agent is a win-win situation for agents as the floating capital remains the same at any point in time. The agents will get commissions on every transaction, attract clients to purchase other merchandising items in their shops and carry out transfer of money anytime of the day. It is very safe and easy and I implore Nigerians from all parts of the country to join the train," Mukata said. He informed the participants that a Glo Xchange agent can make up to a monthly profit of N50,000 initially and increase it as more people transfer money through the platform. He said the agent could graduate to the level of recruiting agents, sub-dealers and dealers.

Mukata noted that the Glo Xchange network would form the foundation for agency banking in Nigeria in the nearest future. Since Glo Xchange was launched three weeks ago in Lagos, thousands of Nigerians have registered as agents of Glo mobile money network.

Commenting on the training, the representative of the Ogun State League of Cooperative Thrift and Credit Societies, which has over one hundred thousand branches, Mr. Kunle Akingbogun commended the initiative and urged Globacom to extend the partnership to Skye Bank for their members to benefit from the scheme.

Prospective sales agent, Jaiye Adeleke who recently retired from Union Bank said the agent platform would be a continuation of his relationship with people in the last thirty years of his banking experience.

At the Kano , Enugu and Onitsha venues of the training, the prospective agents trooped to sign up to the scheme while praising Globacom's initiative.

Mr. Nonick Anozie, a small-scale business owner in Onitsha said Glo Xchange is a "good innovation, with obvious potential to greatly enhance the economy."

Ignatius Okpara from Nnewi, in Anambra State, said with Glo Xchange, Globacom had once again demonstrated its love for Nigerians, by "always setting the pace in innovation."

Source: allafrica.com

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