The cashless initiative of the central bank has received another boost with the introduction of an innovative, easy to use cashless payment service – payme.ng.
Payme can be described as Nigeria’s version of PayPal which allows Individuals to send and receive money instantly.
Payme is powered by QuickTeller, Nigeria’s leading online payment platform and developed by Cosmos Technologies and Datamaic solutions.
To use Payme, all a user needs to do is register their phone number and email On www.payme.ng and link any of their bank accounts to their registered Payme Account all for FREE.
To receive a cashless payment, a registered Payme account holder simply provides Their phone number to the person that needs to pay them. The payer then goes to www.payme.ng from any device as simple as a mobile phone with internet connection, enter the phone number of the recipient and uses their ATM card to effect the cashless payment which is received instantly, and this is at no additional cost to the Sender.
Payme can also be described as a virtual personal POS (even though much more versatile & affordable) as it converts any Smartphone, tablet or PC to a cashless payment terminal.
The transactions on payme.ng are safe as it requires the payer using their MasterCard or Verve ATM card to enter their PIN number and 3 number Security code as is required for normal POS Transactions.
The receiver confirms the payment instantly and can transfer the payment to any of their Registered bank account at anytime.
Nigerians are increasingly imbibing the culture of carrying out transaction such as shopping, receiving and sending money online. It is important therefore that the payment options been offered should afford greater usability requirements beyond just processing payments.
People are looking for solutions that will allow them make and receive payments how they want and whenever they want to in a quick, safe and affordable manner.
Payme offers minimal amount of time to setup an account. It also ensures considerable few the steps for people making payments to complete the transaction.
With several cost and time saving features, Payme is the answers to the payments needs of Nigerians as the exploration of online and cashless payments for both personal and business needs surges.
