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Financial Services Platform, Paga launches “Paga wallet” for Banked Nigerians


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Financial Services Platform, Paga launches “Paga wallet” for Banked Nigerians

Nigerian payment platform Paga has just launched a Wallet service. Dubbed “Paga Wallet,” Paga is targeting the banked Nigerians who will be able to do among other things like securely carrying out online transactions without necessary revealing or exposing their bank/card details.

“To achieve this, we went through the painstaking process of becoming PCI DSS Level 1 certified. For all the non-techie folks, that certification means that all card and bank data saved on Paga is secured to the highest level of global security,” says Tayo Oviosu, Founder & CEO of Paga.

The new product will allow a customer to save all their bank cards whether local or international in one place and link all the bank accounts providing seamless debit and credit transaction.

Paga Wallet

Paga Wallet/ Paga

“For those who have international cards or who live abroad and want to transact by card in Nigeria this is also brilliant — you can now use your international card in Nigeria!”

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Founded in 2009, Paga’s mission is to bring financial services to all Africans by working in partnership with Banks, Microfinance institutions, and all Mobile Network Operators.

Paga offers a money transfer service through a mobile phone while still allowing the customers to buy and send airtime credits, bill payments, and retail payments through SMS, Online, a mobile application or USSD. Businesses are also able to collect payment from all spectrums of the population – whether banked or not.  And by leveraging on the Paga e-widget, businesses can integrate a world class online checkout process on their own websites among other services.

In September 2017, Paga’s Founder and CEO, Taya reported that Paga was fully integrated into the Nigerian banking service having being connected to all banks in Nigeria.

“There are a few more interesting changes coming soon, so watch this space. In the meantime, give the new wallet a go!”

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