For millions of Nigerians, accessing seamless and secure financial services remains a challenge.
But Moniepoint, in partnership with AfriGO, is set to change that by rolling out five million AfriGO cards nationwide.
Afrigopay Financial Services Limited (AFSL) is a subsidiary of NIBSS. It created AfriGO, Nigeria’s national domestic card scheme, to revolutionise digital payments.
Moreover, this contactless payment solution empowers users to complete transactions effortlessly by tapping or hovering their card or NFC-enabled device over a payment terminal or phone.
Beyond convenience, AfriGO actively strengthens local businesses by reducing reliance on foreign exchange (FX) for transactions and ensuring data sovereignty.
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Enhancing Efficiency For Merchants And Agents
Highlighting the impact, CEO of AFSL, Ebehijie Momoh, stated: “This partnership will drive transaction efficiency, facilitate instant settlements, and improve cash flow for merchants and agents.
“With Moniepoint’s extensive network, we can rapidly expand financial access, delivering essential banking services such as deposits, withdrawals, and transfers”.
Expanding Financial Inclusion Across Nigeria
Reinforcing this vision, CEO of Moniepoint, said that “the Moniepoint/AfriGO card goes beyond being just a product; it serves as a critical tool for financial inclusion, especially for individuals traditionally left out of the banking system”.
By enabling seamless transactions, strengthening security, and enhancing accessibility, Moniepoint and AfriGO aim to further transform Nigeria’s financial landscape.
Ultimately, their proactive partnership empowers individuals, businesses, and institutions to thrive in a more connected digital economy, ensuring financial services become faster, more reliable, and widely accessible.
