VTN – Tapping Internet And Mobile Market While Creating More Revenue Of GSM Operators In Nigeria
There are two things that you have to know about Nigeria.
One – That it is one of the countries with the fastest growing population in Africa and, Two – it is also where you can find the most Internet and mobile phone users in the region.
Because of these two facts, one would always wonder why e – commerce have not really thrived in the country. In fact most of the entrepreneurs find it an “unsafe” country as far as online transactions are concerned. With very limited credit and debit card systems, a Nigerian would almost always have to stick with going to the bank and depositing money there just to make sure that everything gets settled.
However, all that is about to change with the emergence of VTN or Virtual Terminal Network.
As a company, VTN aims to tap all the Nigerian mobile and Internet users. The goal was to set up an online payment scheme that would assure any entrepreneur or netrepreneur (a person doing his or her business online) out there a hassle free transaction with Nigerians whether locally or internationally.