We are a team of passionate Africans determined to tackle what we consider a critical issue paramount to Africas development - the availability of financial services to all Africans. Paga was founded early 2009 on the simple belief that the ubiquity of mobile phones can be leveraged to bring financial services to all Africans. We aim to accomplish our mission by working in partnership with select Banks, Microfinance institutions, and all Mobile Network Operators. Innovation is at the core of our company - we strive to develop "appropriate technology" suited for the local markets where we operate. We also work hard to ensure our services are low cost and accessible via our agent network - in doing so we can strive towards universal access. Paga works on the most basic SMS enabled phone and on all mobile networks so customers have the liberty to have their Paga account available at their finger tips regardless of what phone or network they are using. For consumers, our core offering is a money transfer service - with Paga you can send money to anyone with a mobile phone. You can either use Paga by yourself (if you own a Paga account) or by going to any Paga Agent. We also offer several other products such as: buying/sending airtime credits, bill payments, and retail payments. For ultimate convenience we provide several channels for consumers to use Paga - SMS, Online, a mobile application, USSD, or IVR (automated line). Paga Merchant Services allows businesses to collect payment from all spectrums of the population - whether banked or not. By leveraging the Paga e-widget, businesses can integrate a world class online checkout process on their own websites. Businesses can also leverage our agent network to collect payment for goods and services or provide customers the convenience of paying via SMS or online at Pagas customer portal. Our current services are the beginning of a journey. Through our innovation lab "Paga labs" and in conjunction with our partners we will continue to develop and deliver valuable offerings to our customers. Together with our partners we will achieve our mission and bring financial services within reach of millions of Africans!

Plus de 60% des investissements réalisés au Nigeria sont concentrés dans la FinTech. Ainsi, il n’est pas surprenant que la première licorne nigériane soit une FinTech : Interswitch.

Pour les personnes ne disposant pas de téléphones portables, elles ont la possibilité d’accéder au service via des agents locaux positionnés dans des kiosques. A ce jour, la jeune pousse basée à Lagos revendique plus de 14 millions de clients au Nigeria.

With Paga, customers are able to deposit and save money, purchase prepaid phone credit, pay utility and cable bills, and make payments to retailers. The partnership between Paga and Western Union also has the added benefit where Western Money transfers sent to users can be deposited into their Paga accounts.

Paga was introduced in Nigeria to take advantage of the cash buildup in the system and to create a means whereby financial services are available to all. Although the banking sector in Nigeria is not easily accessible to everyone, the telecommunications industry has been more successful in reaching a large portion of the country’s population. The collaboration of both the banking and telecom sector has given rise to mobile banking platforms like Paga, where a user can perform basic financial transactions with the use of a cellphone. Paga works through a mobile phone application or online through the company’s website.

Paga for Agents Earn a commission for every transaction you perform for your customers. Paga for Business Accept payments or disburse money to banked or unbanked customers in Nigeria

We ensure that your money is safe by complying with the highest global security standards.

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During the announcement of Paga’s acquisition of Apposit in January this year, Paga’s CEO, Tayo Oviosu, told TechCrunch that the startup has processed 104 million transactions worth USD 6.6 Bn since inception.  Having scaled in its fintech business in Nigeria, Paga is now eyeing expansion and entry into Ethiopia via Apposit was the first play. The startup is also understood to have opened an office in Mexico and operations are slated to kick off fully in the Central American nation sometime this year. And the freshly-minted partnership with Visa will certainly help these expansion efforts. The new arrangement will allow Paga account holders to transact on Visa’s global network. It will also see both companies work together on tech.

Since 2009, Paga has built a safe and simple financial ecosystem enabling people to digitally send and receive money throughout Nigeria and other developing countries. After their 2017 initial market launch, Paga approached AgilityIO with a desire to improve the user experience for their mobile app.

SystemSpecs, Nigeria’s leading fintech company and providers of Remita, and Paga, the foremost mobile money service providers in the country have partnered to extend the frontiers of electronic payments in Nigeria. This comes as Nigerians social distance, stay at home and remain safe in the face the Covid-19 pandemic.

The immediate impact of the collaboration on the public is the easy generation of Remita Retrieval Reference (RRR) and payments into the Federal Government’s Treasury Single Account. It would also enable payments to other Remita billers such as state governments, tertiary institutions and other organisations by Paga customers and agents directly through Paga platforms.

In Brief: Paga was founded in Lagos and scaled in West Africa. It has a multichannel network for 14mn customers in Nigeria. People can use the tool to transfer money, pay bills and buy things digitally through the mobile app or agents.

Share Tweet Share Share Share EmailVisa is partnering with the Nigeria-based startup Paga to bring payments technology to Africa and abroad, according to reports on Monday (March 9).Paga has created a multi-channel network that enables more than 14 million Nigerian users to transfer money, make payments and shop digitally, either through its mobile app or via its 24,840 agents. The payments platform acts as a mobile wallet, giving users the power to electronically transfer money and make mobile payments.

Although Visa’s partnership with Paga doesn’t include a monetary investment, the collaboration aligns with the company’s strategy to expand across Africa and work with the continent’s top startups. The move is expected to drive larger payment volumes for both firms.“We want to digitize cash – that’s a strategic priority for us. We want to expand merchant access to payment acceptance and we want to drive financial inclusion,” said Otto Williams, head of strategic partnerships, FinTech and ventures for Visa in Africa. “Based on the partnership, we’re going to launch QR codes and NFC [payments] into the market in Nigeria – alternative ways of receiving payments than bringing out a physical card.”