By Princewill Ekwujuru
Paga, an emerging markets payment company said it is targeting 1 billion persons to be able to access and use money through its platform as it plans to expand to Ethiopia and Mexico.
Speaking at a webinar Media Roundtable in Lagos, Tuesday, Paga’s Co-Founder, Jay Alabraba, said that there are five core values that form the guiding principles of how the company’s business operates which are premised on collaboration, ownership, result-oriented, integrity, and innovation (CORII).
He stated that with Paga the company is helping to solve two key problems that exist around the world, which include eliminating the use of cash for transactions and access to financial services.
By Lydia Ngwakwe
Lagos, Dec. 25, 2020 The Association of Licensed Mobile Payments Operators (ALMPO) has appealed to the Central Bank of Nigeria (CBN) to reconsider its position and re-allow Naira payments in cash into accounts or wallets.
The ALMPO Chairman, Mr Jay Alabrabra, told the News Agency of Nigeria (NAN) in Lagos on Friday that the apex bank’s decision to restrict international remittances to USD payouts only was of great concern to Nigerians.
“The CBN’s decision to restrict international remittances to USD payouts only is the overarching concern of everyone.
“It certainly limits the number of Nigerian citizens that can conveniently access funds sent from the diaspora.