| CBN honours eTranzact
By SOLA FANAWOPO
Wednesday, March 12, 2008
 |
CBN
Governor, Prof Soludo
Photo: Sun News Publishing
|
|
In recognition of innovation and reward ingenuity, the apex
bank in the country, Central Bank of Nigeria (CBN) recently
honoured various organizations in the country.
Top on the list award recipients is eTranzact company, Nigeria’s
first online real-time payment system, which got prestigious
Best Entrepreneur and Most Innovative Product (Services) award.
Explaining the rationale behind the award, deputy governor,
CBN, Tunde Lemo, said eTranzact was a unique service organization
whose innovation is helping to drive the scheme of making
Nigeria a cashless society.
He said that the award was a testimony to eTranzact’s
groundbreaking approach to resolving Nigeria’s banking
and commercial challenges technologically.
He said: “The CBN appreciates the novel way eTranzact
creates a system that enables its cardholders use different
channels for their transactions.
“Interestingly, eTranzact is pioneering the Mobile Commerce
(mCommerce) and the Mobile Banking culture in Nigeria and
beyond. eTranzact solutions, which won CBN attention and honour,
include eTranzact PayOutlet, mCommerce, eCommerce Services,
eTranzact WebAccess, Business-to-Business (B2B) Services,
Telco Services, and ATM Access.”
Responding to the honour done it by the Central Bank of Nigeria,
Valentine Obi, CEO, eTranzact, attributes his success to love
for humanity as well as their unwavering faith in the belief
that Nigeria can be the best place for all to live and do
business without fear and hassles.
“We promise to do much more in the days ahead. We want
Nigerians to be expectant of more wonderful innovations from
us, because the company targets 42 million active mobile phone
subscribers. Nigerians definitely, have a lot more to look
forward to from this innovative brand,” he said.
eTranzact currently partners with about 20 banks and has presence
in about 38 Nigerian universities. This means that every Nigerian
can benefit from the eTranzact services as long as they own
a mobile phone. It is also possible to recharge your mobile
phone using one of the eTranzact Mobile Commerce services
dubbed ‘Top up’ without leaving their desk.
The possibilities are not limited to business. A cardholder
who attends either the Winners’ Chapel, the Redeemed
Christian Church of God (RCCG). Daystar, among others, can
pay his tithe and offering through a service called ‘Online
Giving’. It does not cost a fortune to register onto
the platform, and the eTranzact cards are reloadable depending
on the needs of the holder.
|
