Tingo Mobile has debuted an electronic point-of-sale (ePOS) system in Nigeria in a bid to revolutionise financial transactions.
Speaking at the launching ceremony in Lagos, the Chief Executive Officer of Tingo Mobile Plc, Auwal Muade, explained that Tingo ePOS helps users withdraw money with a single tap while also helping merchants receive instant payments for businesses with zero maintenance costs, zero operational costs, and zero network issues.
Auwal said the innovative Tingo ePOS solution aligns with the company’s commitment to providing businesses with the tools they need to thrive in the digital era.
According to him, Tingo Mobile’s ePOS system not only simplifies transactions but also contributes to the growth and success of businesses across the country.
He added that Tingo ePOS would help to redefine how people connect beyond payments.
“At Tingo Mobile, our commitment goes beyond transactions; we are on a mission to redefine the very fabric of how people connect, interact, and transact with a simple tap.
“Our innovative ePOS system is more than a payment solution—it’s a catalyst for seamless experiences, bringing people closer in the digital age and transforming the way businesses and communities engage with technology,” Muade said.
Also speaking about the solution, the Head of Partnerships and Channels Development and Implementation of the company, Samuel Onwuekwe, described the product as a significant value-driven solution for micro and small businesses in Nigeria.
He mentioned that MSMEs are often passed on when it comes to POS issuance by banks and can now take advantage of their existing NFC-enabled mobile phones to accept payments.
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