Players in the Mobile Money ecosystem have continued to throw weight behind Mobile Money Conference 2019 organised by the Association of Licensed Mobile Payment Operators (ALMPO).
The latest sponsors are Access Bank, Paga, Parkway Projects and Xpress Payment Solutions Limited.
The theme for this year’s event holding in Lagos this week is; Mobile Money: “Beyond Payments”.
The august event is scheduled to hold on the 27th of November 2019; at Four Points by Sheraton Hotel, Victoria Island, Lagos; by 9.00am Prompt.
Mobile money has continued to grow and serve as enabler to the realization of financial inclusion target in Nigeria.
According to data released by the Nigeria Inter-Bank Settlement System (NIBSS), Nigeria recorded 50% increase in mobile money transactions and added over two million new users to the existing ones in 2018.
This showed a significant growth in the usage and adoption of mobile money platform in Nigeria.
However, as consumer preference for mobile money services continue to evolve, so the need to disrupt the traditional system and expand the value chain of cash in-cash out, bill payments to MicroCredit & MicroSavings, MicroPension, MicroInsurance and AgricTech, to improve users experience and grow more adoption in Nigeria.
The Chairman, Association of Licensed Mobile Payment Operators (ALMPO), Mr. Chinedu Onuoha, speaking on the objective of this year’s event said it was conceived, “to forge a collaborative approach towards harnessing new initiatives and opportunity areas that will accelerate mobile money adoption and deepen financial inclusion.
“The Conference remains a platform for mobile money operators, regulators, and other stakeholders to discuss current situations, challenges and advancements of mobile money in Nigeria.
“The event is expected to pull c-level participants across payment and non-payment ecosystems in Nigeria”, he said.
The Conference will feature discussions around; “Beyond Payments: Disrupting the Value Chain to Deepen Mobile Money Adoption – With Special Focus on: Micro credit & savings, Micro-insurance, Micro-pension, and Agrictech”.
Other topics are centered around:
“Beyond Payments: Enhancing Industry Synergy in the Fight against Mobile Money Fraud”; “Setting Mobile Money Agenda for 2020”; “Harnessing New Opportunity Areas for Mobile Money Adoption in Nigeria” and a Special Presentation on “the state of Mobile Money in Nigeria”.