Tingo Mobile Launches Advanced ePOS System to Boost Transactions

Tingo Mobile, a technology solutions company, has launched the Tingo ePOS, an innovative electronic point-of-sale system designed to revolutionise financial transactions in Nigeria.

Tingo ePOS helps users withdraw money with a single tap while also helping merchants receive instant payments for businesses with zero maintenance cost, Zero Operational Cost, and Zero network issues.

Speaking at the product launch in Lagos recently Tingo executives revealed that Tingo ePOS was established so that the debit card issued to customers can be used at POS terminals and also for online transactions.

Commenting on the launch, Chief Executive Officer of Tingo Mobile Plc, Auwal Muade, said: “This innovative Tingo ePOS solution aligns with our commitment to providing businesses with the tools they need to thrive in the digital era. Tingo Mobile’s ePOS system not only simplifies transactions but also contributes to the growth and success of businesses across the country.”

He added that Tingo ePOS would help to redefine how people connect, beyond payments.

“At Tingo Mobile, our commitment goes beyond transactions; we are on a mission to redefine the very fabric of how people connect, interact, and transact with a simple tap,” Muade said.

Speaking on the app’s security, the Group Product Director stated: “At Tingo, security remains a cornerstone of our product offerings. With Tingo ePOS, we have prioritised security measures to ensure safe and seamless transactions. Our system links each account securely to a specific device, fortifying merchant login details and preventing unauthorised access on alternative devices.”

Head, Partnerships and Channels Development/Implementation of the company, Mr. Samuel Onwuekwe, said: “This is a significant value-driven solution for Micro and Small businesses in Nigeria.” He mentioned that MSMEs are often passed on when it comes to POS issuance by banks and can now take advantage of their existing NFC enabled Mobile Phones to accept payment.

According to him, Tingo Mobile’s ePOS system is now available for businesses in Nigeria, offering a reliable and efficient solution for handling transactions in today’s dynamic business environment.