Following the launch, Nigerian consumers are set to make NFC payments at select merchant outlets via iKaazs NFC powered mobile payments platform running on the cloud.
iKaaz provides a suite of end-to-end mobile payments solutions that include a mobile wallet, a mobile point-of-sale (mPOS) and a payments platform that allows banks, operators and financial institutions to extend mobile payments to their customers.
In addition to NFC support, iKaaz platform supports SMS-based payment transactions along with a mobile app.
In April 2013, iKaaz has launched a new Tap & Pay reader to enable cashless transactions based on near field communication (NFC) technology.
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