The Association of Licensed Mobile Payment Operators (ALMPO) is set to host the 2019 Mobile Money Conference with the theme for this year’s event is; Mobile Money: “Beyond Payments”.
The event is scheduled to hold on the 27th of November 2019; at Four Points by Sheraton Hotel, Victoria Island, Lagos; by 9.00 am Prompt.
Mobile money has continued to grow and serve as an enabler to the realization of the financial inclusion target in Nigeria.
According to data released by the Nigeria Inter-Bank Settlement System (NIBSS), Nigeria recorded a 50 percent increase in mobile money transactions and added over two million new users to the existing ones in 2018.
This showed significant growth in the usage and adoption of the mobile money platform in Nigeria.
However, as consumer preference for mobile money services continues to evolve, so the need to disrupt the traditional system and expand the value chain of cash in-cash out, bill payments to MicroCredit & MicroSavings, MicroPension, MicroInsurance and AgricTech, to improve the users experience and grow more adoption in Nigeria.
Addressing journalists about the Conference, the Chairman, Association of Licensed Mobile Payment Operators (ALMPO), Mr. Chinedu Onuoha, disclosed the objective of this year’s event as “to forge a collaborative approach towards harnessing new initiatives and opportunity areas that will accelerate mobile money adoption and deepen financial inclusion.
“The Conference remains a platform for mobile money operators, regulators, and other stakeholders to discuss current situations, challenges and advancements of mobile money in Nigeria.
“The event is expected to pull c-level participants across payment and non-payment ecosystems in Nigeria,” he said.
The Conference will feature discussions around; “Beyond Payments: Disrupting the Value Chain to Deepen Mobile Money Adoption – With Special Focus on: Microcredit & savings, Micro-insurance, Micro-pension, and Agrictech”.
Other topics are centered around: “Beyond Payments: Enhancing Industry Synergy in the Fight against Mobile Money Fraud”; “Setting Mobile Money Agenda for 2020”; “Harnessing New Opportunity Areas for Mobile Money Adoption in Nigeria” and a Special Presentation on “the state of Mobile Money in Nigeria”.
Some of the invited speakers/guests for the event are: Mr. Uzo Eziukwu, Group CEO, BlueTag Group (keynote Speaker); Aishah Ahmad, Chairperson of the 2019 Mobile Money Conference and Deputy Governor, Financial Systems Stability, Central Bank of Nigeria; Prof. Umar Garba Danbatta, the Executive Vice Chairman/CEO; Nigeria Communications Commission; Prof. Olayinka David-West, Academic Director, Lagos Business School.
Others are Hajia Aisha Dahir-Umar, Ag. Director-General, PenCom; Sam Okojere, Director, Payment Systems Management Department of CBN; Musa Jimoh, Deputy Director, Payment System Policy and Oversight, CBN; Modibbo R. Hamman Tukur, Director/Chief Executive, Nigeria Financial Intelligence Unit.
Also, Ibrahim Magu, Chairman, Economic and Financial Crimes Commission; CP Ibrahim M. Kabiru, Commissioner of Police, Police Special Fraud and many other dignitaries are expected at the Conference.