Archives Tag: Money Transfers

BUSINESS TECH

How WhatsApp’s New Payment Feature Could Impact Banking in Nigeria

April 19, 2022

For about a year now, Facebook has been test-running a new feature on WhatsApp that allows its users to send and receive payments on the messaging platform. The trial, which has been taking place in India, is due to end this July, with the possibility that the feature will be rolled out across that country- … Continue reading How WhatsApp’s New Payment Feature Could Impact Banking in Nigeria

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BUSINESS

Western Union, First Bank Launch Outbound Service in Nigeria

April 19, 2022

The Western Union company, a leader in global payment services, has announced the launch of the outbound remittance service in Nigeria. Since the Western Union Money Transfer service was launched in Nigeria in 1995, consumers in the country have only been able to receive funds via the service. This launch therefore represents a significant milestone … Continue reading Western Union, First Bank Launch Outbound Service in Nigeria

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