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ChatPay debuts in Nigeria

By Benjamin Alade
03 August 2016   |   2:41 am
In an effort to ease the mode of financial transaction, a new banking solution has been introduced which allows users transact businesses through their various social media handles.

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In an effort to ease the mode of financial transaction, a new banking solution has been introduced which allows users transact businesses through their various social media handles.

The solution, ChatPay, is aimed at creating a seamless method of transaction and to further create an avenue for young people, who would ordinarily transact in cash to be ingrained in the formal financial system through transacting electronically.

ChatPay is a major leap in innovation of banking solutions that enable over 100 billion daily active users on Facebook, twitter, WeChat, Skype and Telegram, the ease of performing their financial transactions directly from the solution.

With ChatPay, Nigerians now have the opportunity to perform various transactions ranging from funds transfer, airtime purchase, bill payment, location of Automated Teller Machine (ATM) nearby, purchase of cinema tickets as well as viewing movie listings and trailers, all with the assistance of ChatPay.

Speaking at the launch of the e-banking app platform in Lagos over the weekend, Chief Evangelist of ChatPay, Gbenga Adams, described the platform as a fusion of advancement in robotics and artificial intelligence to create a unique and very personal experience in managing finances.

“Think of ChatPay as your personal financial assistant and this is why we have named her ‘Kiki.’ She will help you run all your financial errands which include transfer of funds to any bank in Nigeria, purchase of airtime, payment of your utility bills, hotel, flight tickets and much more. Kiki will help you find the closest ATM should you need direction with voice navigation,” he said.

He noted that the solution is different from almost similar applications; ChatPay is built on the artificial intelligence structure, which allows it engage users intelligently directly from their social media channels.

The beauty of ChatPay, according to him, is that it is open to everyone irrespective of the bank where their account is domiciled. Adams explained that users who possess either of the credit card to include; Verve, Visa or MasterCard, all you need to do is download the application from the Play store or iTunes app store and connect with any of the social media platforms presently available adding that WeChat, Facebook messenger, Telegram, Skype, and Twitter are already available, more to be added as we go on.

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