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Blackberry Brings BBM Mobile Payments To Nigeria - Phones - Nairaland

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Blackberry Brings BBM Mobile Payments To Nigeria by dridowu: 8:45am On Dec 01, 2015
BlackBerry announced Monday that it plans to allow BBM users in Africa (starting with Nigeria) to send money or airtime “as simply as they transfer photos or files.” It’s part of a wider push by BlackBerry to establish a presence in the mobile payments space, especially in emerging markets.

In Nigeria and South Africa, the company says it sees over half a million new users install BBM per month, which it believes is allowing “a network effects [to] take root in several markets across the continent.” Beyond that, it’s seeing “close to 10 million visits to the BBM Shop per month, and now over 26 million ad requests per day.”

These strong advertising numbers mean that South Africa and Nigeria “represent two of our biggest global opportunities,” BlackBerry said, adding that while “both are seen as developing economies, they are some of our top revenue-generating markets.”

The company already offers mobile payments in Indonesia, for example, an emerging country of around 250 million in Southeast Asia that still has many loyal BlackBerry users. But other popular messenger apps in these markets also offer mobile payments/wallets, including Line, WeChat (which just launched its peer-to-peer mobile wallet in South Africa), Kakao Talk, and others.

BlackBerry first pushed into mobile payments in June last year when it signed a three-year deal with mobile payments firm EnStream, a joint venture by Canada’s three largest wireless carriers, to secure and transfer credit card information between smartphone owners and banks, as we reported at the time.

Then, in August this year, BlackBerry brought mobile payments via PayPal to BBM users in Canada, under the name BBM Money.

But the reality is that the remaining BBM strongholds are fairly few and far between these days, and it seems unlikely that even BlackBerry’s attempt to get back into the smartphone wars with Android will help a whole lot on that front — at least not in the near-term.

“We’re excited to announce we’ll be expanding our mobile payment initiatives into Africa, commencing in Nigeria,” Matthew Talbot, BlackBerry’s senior VP for emerging solutions, wrote in a blog posting. “BlackBerry has partnered with Interswitch Ltd, Nigeria’s largest payment processor, to enable any Nigerian to transfer money or airtime within BBM, as simply as they transfer photos or files.”

“Separately, we are also expanding BBM Shop payment options. We’ll soon include the Firstmonie mobile wallet, which is provided by Nigeria’s largest bank, First Bank of Nigeria Limited. We’re also teaming up with Mobile Media Info Tech (MMIT), a Nigerian company working to revolutionize mobile payments, to bring secure payments to the BBM Shop.”

BlackBerry is also seeing over 20 million views per month (views, not visits) on its BBM Shop in Africa, and says 60 million total stickers have been sent and received there. (It offers 25-sticker packs “tailored to the African market.”)

While emerging markets are clearly important to BlackBerry (they’re important to all players in the smartphone game!), it seems that not all are created equal — yesterday, the Canadian company announced that it is pulling out of Pakistan over security concerns. I don’t expect it has any plans to pull out of Africa too soon, though.

http://venturebeat.com/2015/11/30/blackberry-is-bringing-bbm-mobile-payments-to-africa/

4 Likes 1 Share

Re: Blackberry Brings BBM Mobile Payments To Nigeria by dridowu: 8:46am On Dec 01, 2015
lalasticlala

1 Like

Re: Blackberry Brings BBM Mobile Payments To Nigeria by wEsOmE(m): 9:04am On Dec 01, 2015
Hia.. Odikwa very risky.. So if ones fone loss .. His money to buy a new fone will also loss.. Odiegwu.!

22 Likes

Re: Blackberry Brings BBM Mobile Payments To Nigeria by hotboz: 10:20am On Dec 01, 2015
So, if we are one of their largest market in Africa, what effort is being put in place to register their presence in terms of visible development of Nigeria especially in IT??

16 Likes 1 Share

Re: Blackberry Brings BBM Mobile Payments To Nigeria by damton(m): 10:20am On Dec 01, 2015
Quite Astounding.

With the way technology is going , I won't be surprised to see in the nearest future people having sex and making Baby through Bluetooth

7 Likes

Re: Blackberry Brings BBM Mobile Payments To Nigeria by djWALE(m): 10:20am On Dec 01, 2015
I love whatsapp than bbm

22 Likes 1 Share

Re: Blackberry Brings BBM Mobile Payments To Nigeria by david22uu(m): 10:20am On Dec 01, 2015
Lol
Re: Blackberry Brings BBM Mobile Payments To Nigeria by david22uu(m): 10:20am On Dec 01, 2015
Oga see Wetin u dey use book space
damton:
g

1 Like

Re: Blackberry Brings BBM Mobile Payments To Nigeria by enigmagu1(m): 10:21am On Dec 01, 2015
ok
Re: Blackberry Brings BBM Mobile Payments To Nigeria by Nobody: 10:21am On Dec 01, 2015
this one go bad ooooo.
Re: Blackberry Brings BBM Mobile Payments To Nigeria by olaolulazio(m): 10:21am On Dec 01, 2015
Bad change!
Re: Blackberry Brings BBM Mobile Payments To Nigeria by Super1759: 10:21am On Dec 01, 2015
Who cares? Whatsapp rocks!
I use Bbm once in a week.
Let then go tell undergraduates

10 Likes 1 Share

Re: Blackberry Brings BBM Mobile Payments To Nigeria by enigmagu1(m): 10:21am On Dec 01, 2015
djWALE:
I love whatsapp than bbm
marry whatsapp.

10 Likes

Re: Blackberry Brings BBM Mobile Payments To Nigeria by kachnov(m): 10:22am On Dec 01, 2015
Noted
Re: Blackberry Brings BBM Mobile Payments To Nigeria by bimbochoco(m): 10:22am On Dec 01, 2015
End time phone and end time users... I prefer to use my nokia 3310, firstly robbers pity me and return my phone after raids, 2 i dont get to transfer money cause it aint smart... U see, its a win win situation

2 Likes

Re: Blackberry Brings BBM Mobile Payments To Nigeria by DICE234(m): 10:22am On Dec 01, 2015
Good Innovation, always thinking how to make things easier for people.

Meanwhile;

Do you have a skill or do you run a service and yet not making money out of it? Chances are that many people don't know you have this skill or offer such services and yet someone in your area might be in desperate need of your services... are you a makeup artist, event manager, Dj, Piano tutor, Model, Rented Usher, Bass guitar tutor, graphics designer, web developer, actor/actress, Lesson teacher, french Lesson tutor, programmer, etc... Look at my signature and register your service/skill and be surprised how many people require your services out there but don't know you offer them. Sabiboy... someone, somewhere needs your services.
Re: Blackberry Brings BBM Mobile Payments To Nigeria by daniska3yaro(m): 10:22am On Dec 01, 2015
Amaka
Re: Blackberry Brings BBM Mobile Payments To Nigeria by Orina(m): 10:22am On Dec 01, 2015
too late
Re: Blackberry Brings BBM Mobile Payments To Nigeria by philfrey08: 10:22am On Dec 01, 2015
Okay o
We need u to BBOG
Re: Blackberry Brings BBM Mobile Payments To Nigeria by tejpot(m): 10:22am On Dec 01, 2015
endtime payment
Re: Blackberry Brings BBM Mobile Payments To Nigeria by chris4gold(m): 10:22am On Dec 01, 2015
good
Re: Blackberry Brings BBM Mobile Payments To Nigeria by yyeanqah(m): 10:22am On Dec 01, 2015
Chai !
Re: Blackberry Brings BBM Mobile Payments To Nigeria by luckyman1010(m): 10:23am On Dec 01, 2015
Who send them? Let them give us code to be using their new phone with monthly Subscription instead Data plan.

1 Like

Re: Blackberry Brings BBM Mobile Payments To Nigeria by hotboz: 10:24am On Dec 01, 2015
So if we are one of their largest market in Africa, what effort is being put in place to make their presence visible in terms of development in Nigeria

2 Likes

Re: Blackberry Brings BBM Mobile Payments To Nigeria by yomalex(m): 10:24am On Dec 01, 2015
Good you can also send Paypal Through BBM
Re: Blackberry Brings BBM Mobile Payments To Nigeria by JAZES(m): 10:24am On Dec 01, 2015
Lovely idea
Re: Blackberry Brings BBM Mobile Payments To Nigeria by gladiolus: 10:24am On Dec 01, 2015
Nice change... I can smell it, you don't have to go to bank to do things. Bankers must rest
Re: Blackberry Brings BBM Mobile Payments To Nigeria by JAZES(m): 10:25am On Dec 01, 2015
wEsOmE:
Hia.. Odikwa very risky.. So if ones fone loss .. His money to buy a new fone will also loss.. Odiegwu.!

I don't think so
Re: Blackberry Brings BBM Mobile Payments To Nigeria by djWALE(m): 10:26am On Dec 01, 2015
enigmagu1:
marry whatsapp.
Okies...
Re: Blackberry Brings BBM Mobile Payments To Nigeria by ionsman: 10:27am On Dec 01, 2015
djWALE:
I love whatsapp than bbm

Nobody asked you to murder English.

1 Like 3 Shares

Re: Blackberry Brings BBM Mobile Payments To Nigeria by Kingbusssy(m): 10:27am On Dec 01, 2015
BBM keh, on my way to WhatsApp grin grin

1 Like

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