Nigeria-based Teasy Mobile has selected VeriFone Mobile Money to launch new mobile money services in the country.
VeriFone Mobile Money said that it will deploy its retail enablement solution integrating the mobile wallet, banking, and telecommunication provider networks with the point-of-sale (POS).
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According to VeriFone Mobile Money, Teasy will work with local industry players to roll out VeriFone contactless POS devices as part of the solution.
The solution will enable Teasy to deploy mobile POS (mPOS) and biometric solutions to allow the use of biometric data for secure user identification and authentication.
VeriFone Mobile Money CEO, Chris Jones, said: "With Teasy Mobile, VeriFone Mobile Money will be offering a market first in Nigeria delivering Teasy customers’ frictionless, fast and secure transactions at the agents’ point of sale utilising a combination of biometrics and near field communications (NFC) devices including Mobile and Card."
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By GlobalData
