Nigerian Fintech Unveils ePOS System For Seamless Transaction

To revolutionise financial transactions in Nigeria, Tingo Mobile introduced electronic Point-of-Sale (ePOS) in response to the country’s economy, which demands quick and easy payment processing.

During a press briefing on Tuesday in Lagos, Auwal Muade, the CEO of Tingo Mobile Plc, claimed that the company’s ePOS system not only makes transactions easier but also helps businesses all over the nation expand and succeed.

According to Muade, Tingo ePOS enables users to take out cash with a single tap and helps businesses accept quick payments while having no maintenance, operating, or network problems costs.

This cutting-edge Tingo ePOS system is consistent with our mission to give companies the resources they require to prosper in the digital age. Redefining connections would be beneficial, going beyond financial exchanges.

“At Tingo Mobile, we’re dedicated to transforming human connection, interaction, and transactional processes through the power of a single tap. Our goal transcends mere transactions. Our cutting-edge ePOS system is more than just a way to accept payments; it’s a spark for smooth interactions that unite people in the digital age and change how organisations and communities use technology, according to Muade.

The CEO made the following statement regarding security: “At Tingo, security remains a cornerstone of our product offerings.”

We have given security measures top priority with Tingo ePOS to guarantee secure and smooth transactions. Our system firmly associates every account with a particular device, protecting merchant login credentials and thwarting illegal access on other devices. This strong security framework demonstrates our commitment to establishing dependability and trust in each and every Tingo ePOS transaction.

This is a significant value-driven solution for Micro, Small, and Medium Enterprises (MSMES) in Nigeria, according to Samuel Onwuekwe, the company’s head of partnerships and channels development/implementation. He added that MSMEs, who are frequently passed over when it comes to POS issuance by banks, can now take advantage of their existing NFC enabled mobile phones to accept payment.