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WARI AND MASTERCARD PARTNER TO BOOST DIGITAL PAYMENT IN 35 AFRICAN COUNTRIES

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WARI AND MASTERCARD PARTNER TO BOOST DIGITAL PAYMENT IN 35 AFRICAN COUNTRIES

WARI AND MASTERCARD PARTNER TO BOOST DIGITAL PAYMENT IN 35 AFRICAN COUNTRIES

WARI AND MASTERCARD PARTNER TO BOOST DIGITAL PAYMENT IN 35 AFRICAN COUNTRIES

Universal payment platform and digital financial solutions provider, Wari, has signed a strategic alliance agreement with Mastercard. This agreement will help strengthen Wari’s offering for its users as well as the digital payment ecosystem in 35 African markets.

“This partnership with Mastercard will provide us with the ability to boost digital payment acceptance in the markets that we operate. With Mastercard’s experience in securing payments across the world, customers can be rest assured that their payments will be secured,” said Kabirou Mbodje, CEO of Wari.

According to research by the World Bank, the Sub-Saharan Africa region had an inward remittance flow of over US$34 billion, with outward remittance flows of approximately US$4 billion. Also, about less than 40 percent of the African market has access to basic banking services, but that is likely to change with the launch of Wari. Wari’s business model is likely to help increase the number of banking services in Africa by about 70 percent. It could also help further increase the inward remittance flow of Africa.

“Our partnership with Wari illustrates how much the payment industry has evolved, and how Africa is at the forefront of driving the shift towards digital payments,“ said Daniel Monehin, Division President for Sub-Saharan Africa, Mastercard.

With this partnership, both companies have reinforced their focus on providing all citizens with access to a secure and easy to use financial solutions by removing the need for cash and providing a more efficient way for people to pay for goods and services. Following this development, Wari will now introduce a suite of digital payment solution across its existing networks known as the MyWari app.

“The alliance between Wari and Mastercard is an important milestone in making financial inclusion a reality for all Africans,“ said Kabirou Mbodje.

Mastercard digital solutions to be offered by MyWari app include the following:

It will help provide a secured remittance service by HomeSend. This service will give customers the ability to send and receive funds regardless of the payment method, cash, wallet, debit or credit card.
Wari users will be able to automatically have access to a number of diverse operators from banks; telcos and money transfer operators globally.
Users will be able to use a virtual card solution, through the app. This gives immediate access to funds, which are linked to the customers prepaid, debit or credit card.

The mobile payment solution gives Micro, Small and Medium Enterprises (MSMEs) access to a low cost way of accepting payments for their goods and services. MSMEs will be able to go beyond cash and traditional point of sale terminals.

1.What you didn’t know about Wari

2.Wari is a new generation of innovative platform for financial and non-financial service transactions for Africa and the world.

3.Wari is offering easy to use mobile, web and card solutions for institutions, commercial and financial organisations, merchants and consumers through a proprietary transactional platform.

4.Wari services are available on MyWari or through bank branches, Micro-Finance Institutions, MFI and also through network partners such as Airtel and MTN.

5.Wari is a fully owned African company incorporated in 2008

Currently, it is operating in several African countries and has been granted permission from the following Central Banks:

The Central Bank of the Republic of Kenya
The Central Bank of the Republic of Tanzania
The Central Bank of the Republic of Uganda
The Central Bank of the Republic of Ghana
The Central Bank of the Republic of Mozambique
The Central Bank of the Democratic Republic of Congo
The Central Bank of the Republic of The Gambia
The Central Bank of the Republic of Cabo Verde
The Central Bank of the Republic of Guinea Conakry
The Central Bank of the Republic of Mauritania

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ECONOMY

Nestoil Receives Latest Certification in Quality Management Systems

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The Group Managing Director of Nestoil Dr. Ernest Azudialu Obiejesi said the certification further underscores the fact that  Nestoil and its affiliated companies in the Obijackson Group are committed to global best practices in the delivery of services to respective stakeholders. He urged employees to remain firmly committed to delivering the highest quality standards to customers and clients at all times.

This was contained in a statement signed by Osagie Ogunbor, head of corporate communications.

Quality Management Systems (QMS) based certifications are often required in bidding for Public Sector jobs especially in the Oil & Gas industry.

Nestoil is Nigeria’s largest indigenous Engineering, Procurement, Construction and Commissioning (EPCC) Company in the Oil and Gas sector and has been a significant contributor to the industry since inception in 1991.

Read More : Nestoil Receives Latest Certification in Quality Management Systems

 

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ECONOMY

How to Drive Deep Awareness On Youtube

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Tell your story by showing ads in a particular sequence to a single user. Using YouTube in-stream or bumper ads.

Google Ads recently launched the video ad sequencing, with it you can tell your product or brand story by showing people a series of videos in the order that you define. You can use a video ad sequence campaign to build interest, reinforce a message, or create a unifying theme. This post explains how video ad sequencing works, what type of bidding strategies and ad formats you can use, and how you can view the results of your campaign.

Below is how it works by Google Ads Support.

How it works

A video ad sequence is made up of a series of video ads that you’d like to show to a person. Each sequence campaign is made up of a series of “steps.” Within each step of a sequence is an ad group and a video ad. Most of a sequence’s settings are selected at the campaign level—such as a bidding strategy and targeting—but you’ll select your ad format and bid within each of your sequence’s steps.

 

Read more : Driving Deeper Awareness on YouTube

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ECONOMY

How to Achieve Safety at Workplace (Case study – Nestoil)

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As the energy industry continues to grow and people utilise more cutting-edge technologies in terrains previously unexplored, the need for ensuring workplace safety has even become greater. Establishing a reliable system of managing cases of onshore or offshore hazards to minimise lost-time injury (LTI) is essential to the success of any company, particularly in the energy industry.

At Nestoil, workplace safety is not just a word thrown around lightly; it is a truth embedded in their values. This ethos ensures that the safety and wellbeing of our most valuable assets – Nestoil employees – is guaranteed. Beyond protecting the company’s personnel, having a dependable health, safety and environment (HSE) policy means protection for customers, suppliers, and the public from potential health risks and other dangers.

Nestoil commitment to delivering reliable energy is built on a zero-tolerance for HSE violations, ensuring that risks are mitigated in all operations, especially those in danger-prone sites,

Safety policies cut across all Nestoil sister companies – IMPAC Engineering, B&Q Dredging, Energy Works Technology (EWT) and Hammakopp Consortium. The Nestoil Group has also implemented the ISO 45001:2018 Occupational Health Management in line with other Management System (QMS ISO 9001:2015 and EMS ISO 14001:2015) for synergy, structured organisational strategy and occupational health and safety within the company. This strategy makes reporting and collation of HSE performance statistics on every project efficient and scalable.

Read More : Achieving Workplace Safety Means Having a People-first Policy

 

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