Would you like to receive notifications on latest updates of the following headlines?

FINTECH: Paga Process Transactions Totaling N14 trn in 15 years

POSTED ON April 30, 2024 •   Business      BY Abiodun Saheed Omodara
Paga Logo l Credit: stocksng l Source: stocksng.com

Paga, Nigeria's leading digital money transfer operator, has successfully processed over 335 million transactions totaling more than N14 trillion since its establishment 15 years ago. 

The Founder/CEO, Tayo Oviosu, revealed this information in Lagos, highlighting that Paga now serves approximately 150 companies across various industries.

He emphasized that Paga has evolved significantly over the years and now provides a secure and convenient omnichannel payments platform for millions of users nationwide. Additionally, Paga's innovative wallet enables Nigerians to link multiple bank cards or their bank account for seamless transactions. 

Oviosu also emphasized the company's contribution to job creation, having directly created over a thousand jobs and indirectly supporting 100,000 jobs in Nigeria and Africa.

He reassured customers about the security of Paga's services, highlighting their compliance with the Payment Card Industry Data Security Standard (PCI DSS).

 Oviosu mentioned Paga's corporate social responsibility efforts, including a partnership with Utiva to provide scholarships for women to learn in-demand tech skills.

READ ALSO
Trade Tensions Rise as South Korea and U.S. Prepare for Key Discussions
BY Abiodun Saheed Omodara May 16, 2025 0

AFP - South Korea is prepared to restart tariff discussions with Washington during an important APEC...

READ ALSO
Sanwo-Olu Establishes Apapa Central Business Office to Enhance Infrastructure, Business Climate
BY Abiodun Saheed Omodara May 15, 2025 0

Lagos State Governor, Babajide Sanwo-Olu, has sanctioned the creation of the Apapa Central Business...

READ ALSO
NBS Reports April 2025 Inflation Rate Falls to 23.71%, Highlighting Food Safety Risks
BY Abiodun Saheed Omodara May 15, 2025 0

The inflation rate for April 2025 dropped to 23.71 percent, down from 24.23 percent in March 2025, m...

READ ALSO
Nasarawa Assembly Enacts Mining Bill to Ensure Compliance and Community Welfare
BY Abiodun Saheed Omodara May 14, 2025 0

NASARAWA, Nigeria - The Nasarawa House of Assembly On Tuesday approved a mining bill aimed at regula...

READ ALSO
CBN Launched BVN Platform for Nigerians Living Abroad
BY Abiodun Saheed Omodara May 14, 2025 0

The Central Bank of Nigeria (CBN), in partnership with the Nigeria Inter-Bank Settlement System (NIB...

READ ALSO
Tinubu Calls for Unified Tax System to Enhance Revenue Generation and Equity
BY Abiodun Saheed Omodara May 13, 2025 0

ABUJA, Nigeria - President Bola Tinubu has reiterated his commitment to undertaking bold and compreh...

READ ALSO
World Bank: Tinubu’s Reforms Bringing Stability to Nigeria’s Economy
BY Abiodun Saheed Omodara May 13, 2025 0

ABUJA, Nigeria - The World Bank expressed approval of the federal government on Monday, noting that...

READ ALSO
SERAP Requests CBN to Reveal Local Council Allocations Before 2027 Elections
BY Abiodun Saheed Omodara May 12, 2025 0

The Socio-Economic Rights and Accountability Project (SERAP) has requested that the Governor of the...

OUR CHANNELS:

NBS Reports April 2025 Inflation Rate Falls to 23.71%, Highlighting Food Safety Risks
BY Abiodun Saheed Omodara May 15, 2025 0

The inflation rate for April 2025 dropped to 23.71 percent, down from 24.23 percent in March 2025, m...


Police Re-Arraign VeryDarkMan for Alleged Cyberbullying of  Nollywood Actress, others
BY Abiodun Saheed Omodara May 15, 2025 0

Controversial social media personality Martins Otse, popularly known as VeryDarkMan (VDM), was on Th...


Actress Jumoke George Shares Emotional Journey as Daughter Adeola is Found
BY Abiodun Saheed Omodara May 15, 2025 0

Adeola, the 41-year-old daughter of renowned Yoruba actress Jumoke George, has been located in Mali...


House of Representatives Advances Bill to Make Voting Mandatory for Nigerians
BY Abiodun Saheed Omodara May 15, 2025 0

Abuja, Nigeria- The House of Representatives has passed for second reading a bill seeking to am...


NANS Calls for JAMB Registrar Ishaq Oloyede's Resignation Over 2025 UTME Errors
BY Abiodun Saheed Omodara May 15, 2025 0

The National Association of Nigerian Students (NANS) has called for the resignation of Ishaq Oloyede...


Peter Obi Commends JAMB’s Accountability, Warns of Institutional Fragility Over UTME Glitches
BY ROCKETPARROT.com staff May 15, 2025 0

Former Anambra State Governor and Labour Party presidential candidate in the 2023 elections, ...


Lagos Introduces Specialized Units for Crime Prevention
BY Abiodun Saheed Omodara May 15, 2025 0

In an effort to keep Lagos secure for both its residents and visitors, the Neighbourhood Safety Agen...


UK Urges Nigerians to Combat Visa Fraud amid Surge in Applications
BY Abiodun Saheed Omodara May 15, 2025 0

Richard Montgomery, the British High Commissioner in Nigeria, has called on Nigerians to stay alert...


FOX59: Woman Fatally Shot Outside Event Center on Indianapolis East Side
BY ROCKETPARROT.com staff May 15, 2025 0

INDIANAPOLIS — A woman was shot and killed Wednesday night outside an event center on the east...


DSS vs. Pat Utomi: Legal Battle Over Shadow Government Tests Nigeria’s Democratic Boundaries
BY ROCKETPARROT.com staff May 15, 2025 0

The Department of State Services (DSS) has filed a lawsuit against Prof. Pat Utomi, a renowned eco...


More Articles

Load more...

Menu