Central Bank of Nigeria and Commercial Banks are presently working out strategies to implement successful mobile money transaction in Nigeria where people can use their mobile devices like phone and tablets to make transactions including money transfer, deposit, withdrawal, bill payments and airtime purchase.First bank, Stanbic IBTC, Pagatech just to name few has been going around advertising towards this product. This has been really successfu in kenya but i guess in Nigeria we cannot really trust the system. (Please correct me if i'm wrong).
What is your take on mobile money? Do you know about it, Have you used it or you are using it, Will you use it or you believe that those organisations are just wasting their time.