We Continue to Hold The #1 Spot For Mobile Money
For the third year in a row, Paga has been presented with an award by NIBBS for our outstanding performance in achieving the highest transaction count on the Global Mobile Regulatory & Monitoring Platform in 2017, and named Top Mobile Money Operator.
Winning! We couldn’t be any more excited to know that our hard work and dedication is paying off!
A word from the captain of our ship:
“When I started Paga in 2009 I set out to solve two problems — make it easy to send money to anyone, and to deliver financial services to the unbanked and under-banked,” says CEO Tayo Oviosu “Since launching our service to the market in 2012, we have realized that our journey to solving these problems is making life possible for Nigerians, every single day. We are very grateful that our platform has earned the faith and trust of the people, and we continue to be your number one platform for mobile money transfers.”
How We Are Making Life Possible:
A major problem in Nigeria is safe, convenient and reliable ways to exchange money, and ease of financial transactions via non traditional channels, especially for those without bank accounts or access to bank services. Unless you are living under a rock, it is impossible to navigate life without payments, and therefore we pride ourselves with making life possible as the ethos of our brand and at the core of everything that we do. The stories of people and communities served by Paga is what keeps us committed to our mission of enabling financial inclusion for all Nigerians.
Why are we number one?
Well, we don’t mean to brag buuuuut:
- Of all the Mobile Money Operators in Nigera, Paga has the largest reaching agent network,with over 16,000 transacting agents serving their dedicated communities.
- Since our launch in 2012, Paga has shown impressive growth, recording a milestone of 8,000,000+ users at the end of 2017 and a sum total of approximately 42.7 million transactions till date, with a total value of over N660 billion.
- Of these numbers, in 2017, the total volume of transactions exceeded 13.5 million with a total transaction value of about N297 billion.
That’s major!! And we could not have done it without your incredible support and trust in our platform.
So, what’s next?
Paga continues to innovate through its PCI, DSS, Level 1, world class secured mobile wallet, joining the ranks of Visa and Mastercard, which enables customers to carry out a myriad of seamless transactions including bill payments, money transfers and cardless cash withdrawals.
Paga is proud to be a key partner of the SANEF initiative by CBN, which is a strategy to aggressively tackle financial inclusion by ramping up agent network by 500,000 to target 60 million unbanked Nigerians.
We cannot wait to unveil our new and exciting financial products that will be released later this year, with expansion of the capabilities of your mobile wallet.
Again, thank you for all your support!