03 Sep AppZone Solution to boost mobile payments
Financial technology solutions provider,Â AppZone is set to launch social mobile payment service, Zone. Zone is an innovative financial technology platform that makes use of social and otherÂ smartphone features to solve problems that exist with cash and electronic payment options thereby creating a friendly and interactive mobile payment service. It also provides merchants with more effective ways of connecting with customers to generate instant new or repeat sales. Zone makes use of smartphone features such as phone book, instant messaging and camera. The Divisional Head for Mobile Payment, Mr Elendu Uche, said: â€œZone is making mobile payments friendly, trendy and interactive and these are characteristics for which millenials love social applications. â€œThis state-of-the-art technology was created to facilitate Africaâ€™s transition to a completely cashless society by avoiding limitations of current e-payment platforms and instead delivering highly intuitive, interactive and customer oriented features that enable widespread adoption.â€ Some of its standard features include â€œAskâ€ (Ask for money) which allows users send funds transfer requests to friends or associates, by selecting the target contact from a contact list and entering the requested amount.