Mobile payments platform hits N1.5tn transactions
A mobile payments company, Paga, has announced its crossing of N1.5 trillion in transactions since its launch in August 2012. It has also processed 87 million transactions, valued at N1.5 trillion or $5.4 billion using monthly nominal exchange rates.
Founder and CEO of Paga, Tayo Oviosu, said, “reaching one trillion in transaction value is a major milestone for our bran. We are proud of our success in digitizing cash and making it easier for people to pay and get paid. We are working round the clock to continue to bring innovative solutions to the mobile payments industry as we expand our range of services.”
With over 13 million users across all 36 states of Nigeria, the brand is an omnichannel payments platform offering users a safe and convenient way to send and receive moneylenders and pay their bills. Users can access the platform on any mobile phone through its USSD code *242#, mobile apps or website (www.mypaga.com). In addition, the brand’s innovative wallet allows Nigerians to link multiple bank cards or their bank account – this way customers can use Paga with money from their bank account.
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