Firm to deploy 10,000 PoS terminals for electronic vending services
Jonah Iboma
About 10,000 point of sales terminals are to be deployed immediately into the Nigerian market by a Nigerian firm, J.D. Kutons Nigeria Limited to promote electronic vending services.
The firm said in press conference in Lagos on Wednesday that it will be working with major telecommunications firms in the country for the deployment of the PoS terminals which would vend airtime wirelessly all across the country at the first stage..
According to the Chairman of the firm, Mr. Ajibade Oke, the electronic vending service called Everlasting is designed to make it easy for electronic transactions to take place in the country and as a result the system would work with General Packet Radio Service available on the networks of mobile phone operators. He added that besides vending of airtime, Everlasting would add other services including money transfer in the course of the development of solutions for the public
GPRS is a mobile data service available on GSM networks allowing for various applications including Internet, Multimedia Message Service and Short Message Service.
Ajibade said based on GPRS, the requirement of special connection had been removed and as such airtime vending can be done at every place there is GSM network coverage.
He added that the project has taken over 15months to birth due to the detailed work that had gone into and also required investment of about N2billion by the time it would be complete.
The firm said it had also entered into a partnership with Globacom for the service because it has GPRS coverage in all the states of the federation and had also signed partnership with all other GSM firms and other fixed wireless firms.
Speaking at the briefing a representative of Globacom Mr. Benjamin Akinteye, said the project was timely considering the dearth of infrastructure occasioned by the limited number of independent service providers.
He said the move by J.D. Kutons was welcome as it would help increase the ease with which airtime gets into the hands of users throughout the country.
Akinteye adeed that in order to ensure the success of the scheme, Globacom would be dedicating a link on its network to J.D. Kutons.
About 10,000 point of sales terminals are to be deployed immediately into the Nigerian market by a Nigerian firm, J.D. Kutons Nigeria Limited to promote electronic vending services.
The firm said in press conference in Lagos on Wednesday that it will be working with major telecommunications firms in the country for the deployment of the PoS terminals which would vend airtime wirelessly all across the country at the first stage..
According to the Chairman of the firm, Mr. Ajibade Oke, the electronic vending service called Everlasting is designed to make it easy for electronic transactions to take place in the country and as a result the system would work with General Packet Radio Service available on the networks of mobile phone operators. He added that besides vending of airtime, Everlasting would add other services including money transfer in the course of the development of solutions for the public
GPRS is a mobile data service available on GSM networks allowing for various applications including Internet, Multimedia Message Service and Short Message Service.
Ajibade said based on GPRS, the requirement of special connection had been removed and as such airtime vending can be done at every place there is GSM network coverage.
He added that the project has taken over 15months to birth due to the detailed work that had gone into and also required investment of about N2billion by the time it would be complete.
The firm said it had also entered into a partnership with Globacom for the service because it has GPRS coverage in all the states of the federation and had also signed partnership with all other GSM firms and other fixed wireless firms.
Speaking at the briefing a representative of Globacom Mr. Benjamin Akinteye, said the project was timely considering the dearth of infrastructure occasioned by the limited number of independent service providers.
He said the move by J.D. Kutons was welcome as it would help increase the ease with which airtime gets into the hands of users throughout the country.
Akinteye adeed that in order to ensure the success of the scheme, Globacom would be dedicating a link on its network to J.D. Kutons.
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