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In August 2003, Glo Mobile was launched in Nigeria. Glo Mobile introduced lower tariffs, pay per second billing and alongside other value added services. Although Glo Mobile was the fourth GSM operator to launch in Nigeria, within seven years of the company's operation, its subscriber base has grown to over 25 million.
The monthly price increase from $30 to $250 prompted Omidyar to start charging eBay users. The website made $1,000 in its first month, which was more than it cost to run, and $2,500 in its second month. Chris Agarpao was eBay's first employee; he processed mailed check payments.
In 2014, Flipkart invested in Ngpay to strengthen the mobile payment services since there was an increased focus on mobile ecommerce; Flipkart reported that mobile ecommerce was contributing 50% of its sales. Investment in Ngpay was followed by Flipkart shutting Payzippy – the in-house payment gateway and merged it with Ngpay.
Mercado Libre launched MercadoPago, a secure payment system, to diversify payment options. MercadoPago processed 138.7 million transactions in 2016, which was a 73% improvement from 2015. [37] Launched in 2012, MercadoShops was designed to allow small and medium-sized companies to open virtual stores on their existing websites.
Nigeria's unions under the umbrella of the Nigeria Labour Congress and the Trade Union Congress are demanding the minimum wage be increased to 494,000 naira (£290; $369) which they say reflects ...
The OLX marketplace is a platform for buying and selling services and goods such as electronics, fashion items, furniture, household goods, cars and bikes. In 2014, the platform reportedly had 11 billion page views, 200 million monthly active users, 25 million listings, and 8.5 million transactions per month.
But, as luck would have it, one of our very finds of the year is now 40% off for just $16. We first wrote about this nifty gadget as a great gift for new dads who need a hands-free way to read or ...
Vmobile was a Nigerian mobile phone network provider with close to a million subscribers in 2004. The company was previously owned by Econet Wireless Nigeria, but after a shareholder dispute was purchased (for a month) by Vodacom of South Africa. The Vodacom deal was short-lived, and the operator soon thereafter began trading as VMobile Nigeria ...