Facebook Twitter LinkedIn RSS
    Trending
    • deVere Group predicts Bitcoin to hit $125K amid surging political and regulatory support
    • Samsung raises smartphones’ bar with launch of Galaxy Z Fold7, Flip 7 and Flip 7R
    • Jumia replatforms its retail media program to Mirakl Ads to enhance marketplace advertising
    • Nigeria targets 95% digital literacy by 2030
    • The $200 billion quest for reliable electricity, By Elvis Eromosele
    • A2P messaging license to cost N10 million, NCC announces
    • Nigeria Innovation Summit unveil agenda for 10th Conference
    • Vesti to host over 1,500 entrepreneurs, investors, and diaspora leaders at Prosper Conference 2025
    Facebook Twitter LinkedIn
    ITPulse.com.ngITPulse.com.ng
    • News
    • Interviews
    • Blogs
    • Analysis
    • Opinion
    • Videos
    • Press Releases
    • Pictures
    • Advertise
    ITPulse.com.ngITPulse.com.ng
    Home»Blogs»Online Payment: How VoguePay is changing the Narratives
    Blogs 2 Mins Read

    Online Payment: How VoguePay is changing the Narratives

    mmBy ITPulseFebruary 28, 2019
    Facebook Twitter WhatsApp Pinterest LinkedIn Reddit Tumblr Email
    Vague Pay, Online Payment, Internet, Epayment
    Share
    Facebook Twitter LinkedIn Pinterest Email

    By Wale Oguntokun

    With the advent of innovative technology, there has been a massive disruption in the financial services sector. Commercial banks no longer enjoy the monopoly of online payment services, as an emergence of FinTechs has encroached into what, hitherto, had been the exclusive preserve of commercial banks within the financial ecosystem.

    Gone are the days, when one would have to rely solely on banks to sort their financial transactions. FinTechs, through the application of modern technology, has enabled a password-protected method that verifies and allows the transfer of funds over an electronic funds transfer, (EFT).

    The system is managed, such that, the information systems facilitate and manage transaction-oriented applications for retrieval of transaction processing.

    An online payment solution provider in the FinTech space that has found itself, deeply rooted in this narrative, is VoguePay.

    In Nigeria payments through digital means continues to hit the mainstream, with its popularity spreading across all sectors. VoguePay is not left out of this fantastic application of technology to make online payment a seamless transaction.

    So what has made VoguePay to stand out?

    Although, VoguePay started out as a payment solution provider, it has reinvented herself to a border-less digital bank, with powerful innovations that will be unveiled by the end of the first quarter of 2019.

    The new upgrade, which positions itself as the future of banking will be as easy as being able to roam with your bank account, just as you will do with your GSM number.

    To achieve this, VoguePay will be turning into a digital bank, built by harmonizing KYC, (Know Your Customer) and creating a border-less banking experience.

    For instance, if you have a mobile phone and you travel to another country like Ghana or UK, your mobile phone will still work without you getting in touch with the network operator in those localities.

    Interestingly, this feature will first be made available to the Nigerian users, although some countries in the Gulf region want to quickly take advantage of it to be the first mover in the market.

    The new digital bank by VoguePay is expected to change how Nigerians save today and by that we mean it would change how you invest today. How Nigerians travel in terms of how you source your money to travel, how you move; your relationship with your transaction will change.

    EPayment Internet Online payment Vague Pay
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    mm
    ITPulse
    • Website
    • Facebook
    • Twitter
    • LinkedIn

    ITPulse is a wholly information technology communication (ICT) news website, with a special focus on the African continent. The website provides up-to-date biz-tech news, analysis and comprehensive and thorough insight into the continent's ICT terrain

    Related Posts

    Samsung raises smartphones’ bar with launch of Galaxy Z Fold7, Flip 7 and Flip 7R

    July 10, 2025

    A2P messaging license to cost N10 million, NCC announces

    July 9, 2025

    Verve: Powering Africa’s payment evolution for over 15 years

    July 7, 2025

    Leave A Reply Cancel Reply

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Latest Posts

    deVere Group predicts Bitcoin to hit $125K amid surging political and regulatory support

    July 14, 2025

    Samsung raises smartphones’ bar with launch of Galaxy Z Fold7, Flip 7 and Flip 7R

    July 10, 2025

    Jumia replatforms its retail media program to Mirakl Ads to enhance marketplace advertising

    July 10, 2025
    About
    About

    Itpulse.com.ng is a wholly information technology communication (ICT) news website, with special focus on the African continent. The website provides up-to-date biz-tech news, analysis and a comprehensive and thorough insight info the continent's ICT terrain.

    Contact us: editorial@itpulse.com.ng

    Facebook Twitter LinkedIn RSS
    Latest Posts

    deVere Group predicts Bitcoin to hit $125K amid surging political and regulatory support

    July 14, 2025

    Samsung raises smartphones’ bar with launch of Galaxy Z Fold7, Flip 7 and Flip 7R

    July 10, 2025

    Jumia replatforms its retail media program to Mirakl Ads to enhance marketplace advertising

    July 10, 2025
    Popular Posts

    deVere Group predicts Bitcoin to hit $125K amid surging political and regulatory support

    July 14, 2025

    Samsung raises smartphones’ bar with launch of Galaxy Z Fold7, Flip 7 and Flip 7R

    July 10, 2025

    Jumia replatforms its retail media program to Mirakl Ads to enhance marketplace advertising

    July 10, 2025
    © 2017 - 2025 Itpulse. Designed by Max Excellence.
    • Terms & Conditions
    • Privacy Policy
    • Advertise
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.