Fidelity bank banner Bayelsa State banner
Nigeria’s fastest growing payment startup unveils new app

By News Express on 25/11/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 752

•Zoto Co-Founder Oshone Ikazoboh
•Zoto Co-Founder Oshone Ikazoboh

Zoto, a mobile payment app used by over 1 million Nigerians, has announced a new app design. According to company officials, the new app is designed to make Zoto the fastest and most reliable payment app in Nigeria. In addition to subscription recharges, TV and broadband payments, the new app comes with services like electricity and betting payments. This announcement was made at a press briefing in Zoto’s Lagos office this week.

Commenting on the development, Oshone Ikazoboh, Zoto’s Co-Founder, said the newly redesigned Zoto App will further improve the experience of payments. He said electronic payments in Nigeria suffer from high failure rate, OTP delays, and poor user experience as existing solutions are not reliable and mobile friendly.

“Zoto promises a delightful payment experience. Using Zoto wallet, users can make payments within five seconds without going through the tedious process of bank OTP and each payment is secured and complies with CBN policies,” Ikazoboh said. He added that Zoto’s machine learning process also predicts user’s favourite recharge and most frequent payment they are likely to make. He further explained that close to 80% of web traffic in Nigeria comes from mobile and that Zoto’s mobile-focused approach helps provide payment services to masses.

Speaking further, Ikazoboh said the value Zoto brings is convenience and users’ ease of making payments wherever they are. “We all want to maximise our time, so when making a payment we want the fastest, safest way of doing that. This is what motivated the Zoto idea; we want to make payments as convenient as possible,” he said.

While expatiating on Zoto’s brand promise, Ikazoboh informed that the collective promise from Zoto is to continue to provide cutting-edge innovations towards making the payment experience the fastest, easiest and most rewarding. On mobile app stores, Zoto currently enjoys a high user rating. Zoto’s rating on Android and iOS averages 4.6 out of 5.

Source News Express

Posted 25/11/2017 3:27:41 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
Subscribers bemoan unsolicited messages, calls by network providers...

Nigeria needs 237,000 medical doctors, says Chairman, Association...

Nigeria is in dire straits; Time to dissolve...

The foundation Peter Obi laid for Anambra is...

Bank of England Governor warns Prime Minister not...

PDP challenges APC to explain relationship with Jega...

Wike lacks the power to dissolve LG Councils...

Bayelsa State Govt. accused of vandalisng APC Secretariat...

Buhari warns against bloodshed as Rivers elects lawmakers...

PENGASSAN opposes IPMAN’s call for sale of refineries...

Uduaghan commends INEC, Deltans for peaceful conduct of...

Economic crisis caused by easy choices but we...

 

Latest News 19 reported killed as Boko Haram launches deadly attack on Borno village Reps declare Oshiomhole threat to democracy, seek arrest Deadly fumes kill 7 in Anambra APC Governors, power brokers at war over Direct Primaries •South West Gov threatens to defect CSNAC petitions EFCC over multi-million dollars defence contract fraud 2019: Ganduje dares Kwankwaso to launch campaign in Kano UN alerts on attacks during Eid-El-Kabir IPOB threatens uprising over alleged detention of protesting women Senators to APC: Saraki not the cause of your failure BNYL rejects Operation Python Dance 3 in South East PDP condemns demolition of Aiyefele’s studio 700 Nigerians drown in Mediterranean Sea

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (379,076 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (367,397 views) Shameless Genevieve Nnaji exposes breasts in public (297,185 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (242,495 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (223,492 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (217,569 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (193,191 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (175,341 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (160,001 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (158,859 views) Lagos plane crash: Journalist releases victims’ names (153,150 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (143,410 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (56) Business & Economy (3,465) Business Verdict (48) Columnists (912) Complaints & Requests (95) Enterprise & Opportunities (207) Entertainment (528) Features (642) Global Business Monitor (295) International (2,281) Interview (162) Live Commentary (28) Love Matters (135) News (38,163) Opinion (1,063) Pidgin (11) Politics (6,108) Religion (829) Sports (1,653) Stock Watch (33) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Real Madrid vs Atletico Madrid 2-4 Highlights and Goals

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement