Tech in Africa
Shago Payments is launching a bill payment and e-commerce platform targeting the underbanked and underserved Nigerians. The platform aims to create a value hub showcasing goods and services while allowing merchants to earn a commission on bill payment transactions.
Shago Payments is a Nigerian fintech company retailing financial and digital products and services. As an innovative solution provider with expertise in value-added services. Shago’s digital application facilitates fund transfers, payment of bills, buying airtime, the opening of accounts, and a lot more.
Shago is Hausa for a retail shop and began operations in January 2020. The company has managed to collaborate with top banks, PTSPs, Telcos, and digital service providers to deliver top services to Nigerians. Next year the company plans on working with the Central Bank of Nigeria, SANEF, and EFINA on a financial inclusion initiative.
Shago runs smoothly on 99.9 uptime and 24/7 customer operational support. Within a year, the company has claimed over 3,000 agents and does a minimum of 80% in monthly trading.
Source: Vanguard
