BBM MOBILE MONEY... Wooooow Highest from blackberry. A must read.
................BlackBerry To Launch Its BBM Mobile Payments
In Africa
.
.......BlackBerry plans to allow BBM users in Africa to send
money or airtime. In an announcement made on
Monday, the Canadian firm said the service will first
be available in Nigeria and will enable users to
transfer money or airtime as simply and quickly as
they transfer photos and files.
.
...........Expanding in mobile payments space
In a blog post, BlackBerry’s senior VP for emerging
solutions, Matthew Talbot, said, “We’re excited to
announce we’ll be expanding our mobile payment
initiatives into Africa, commencing in Nigeria.”
.
.........Talbot added that the company has entered into a
partnership with Nigeria’s largest payment processor,
Interswitch, to enable all Nigerians to transfer money
or airtime within BBM.
.
BlackBerry is also expanding its BBM Shop payment
options, which will soon include a mobile wallet from
Nigeria’s largest bank. The Canadian firm is also
partnering Mobile Media Info Tech to “revolutionize
mobile payments, to bring secure payments to the
BBM Shop,” Talbot said.
.
................In July 2014, BlackBerry made its first push into
mobile payments by signing a three-year deal with
EnStream – a mobile payments firm. In August,
BlackBerry bought its mobile payments service to
BBM users in Canada. The service was introduced
under the name BBM Money via PayPal.
BlackBerry counting on emerging markets
..........BlackBerry is making a very strong push to establish
its presence in the mobile payments space, especially
in emerging markets.
.
......................The company informed readers
that more than half a million new users install the
BBM app every month in Nigeria and South Africa,
and this is allowing “a network effects [to] take root in
several markets across the continent.”
.
..............In addition, close to 10 million visits are made to
BBM Shop every month, and it gets more than 26
million ad requests on a daily basis. BlackBerry said
that these strong advertising numbers are an
indication that two of its biggest global opportunities
are in these two countries These two markets are
“our top revenue-generating markets,” despite them
being considered developing economies, the
Canadian firm said.
BBM MOBILE MONEY... Wooooow Highest from blackberry. A must read.
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