Sometimes I find it humorous seeing banks wring their hands at the disastrous investments made in POS. As the CBN was hell-bent on dragging each off us across the generational divide of cash versus electronic payment, it found willing allies in banks. Don’t get me wrong, I’m all for electronic payments or commerce. It is [...]
Some people have been throwing some fantastical numbers about Nigeria having 43 million internet users. I really don’t know who cooked up this ultra-sloppy data but no wonder the over-creamed salad of consultancy advices smell like rancid skimmed milk. If Nigeria has 43 million internet users then I probably have a pink elephant, with wings, [...]
The Central Bank (of Nigeria, if you really want to know) has been at the fore-front of financial inclusion, and oh, at the forefront of cashless economy. Obviously they decided to mash the two together. Kudos can be given to CBN for forcefully yanking our sorry backside from comfortable banking to make things really cashless. [...]
Google Apps rocks, we all know that. Google knows we know that. So they yanked the rug off our feet. Google Apps started with 500 free users then 50, then 10. Now nothing. Some of my friends have joined the vanity bandwagon of your firstname@yourlastname.com but as vain guys go, we are cheap. We want [...]
In my recent online payment experiments, I worked with both Magento and OpenCart. While Magento is complex enough to make even a bishop go raving mad, it still came with some payment modules/plugins out of the box. Same for OpenCart. Conspicuously missing are the modules from top payment gateways in Nigeria. From my own firsthand [...]
The adventure to put up an ecommerce website has been a very exciting one. Or maybe that’s what I wished for. I got the website up and running with great support from siteground.com; slapped on an SSL; got a merchant account from the bank and also the integration document. Then it stopped looking like an [...]
I finally dragged myself out of an immense lethargy to continue with my experiment. A quick read-up on Magento (trolling the web for reviews) shows that one needs to get a decent hosting package to get the best out of it. I searched for a reasonable hosting (reasonable meaning I wouldn’t be putting up my [...]
In my last post, I mused about finding a simple way to accept payments on a website. That is a nebulous statement and it is as fuzzy as any nebulous cloud could be. Coincidentally one of my friends (not sure if this merchant is actually a friend. Let’s just say that’s it) came up to [...]
I have had the misfortune of having to explain to few of my friends over the last few weeks that selling cards (or urging customers to part with their cash using plastics) is not the same as accepting payments on websites. Nigeria is going through financial transformation where the CBN itself is at the forefront [...]
There is no better time to get your business online than now. Nigeria is rapidly embracing the internet for business and if you have read the previous article on why you need get your business online, you would have known about the multitude of inherent benefits. Despite the opportunities, it still makes sense to proceed [...]