ABOUT MPAY CONFERENCE 2009

Mobile Payment Conference Nigeria is the maiden gathering of stakeholders in M-Banking transactions in the country to chart a course for the deployment of mobile commerce businesses.

MPAY will bring together all the stakeholders in mobile transactions ecosystem. This include: Mobile Network Operators (MNOs), banks, telecommunications and financial regulators, M-Banking integrators, switching companies, handsets manufacturers, entrepreneurs, consultants, MFIs and the media.

MNOs are launching mobile money services in a new country every day. And, Nigeria, the biggest mobile communications market in Africa seems to be the next bus stop for the MNOs. Many of them will be speaking at MPAY Nigeria.

Some Nigerian banks are already offering M-Banking services for their customers while some are seeking partnership with MNOs. They will be speaking at the event.
And of course, the MPAY would not be complete without the involvement of the third-party operators and switching companies. They will also be speaking at the event. Ditto to the telecommunications and financial services regulators. Importantly, MPAY will provide practical “how to do it” roadmap for the preparation for the next revolution. The theme of the conference is “preparing for the next revolution.”

EXPECTED OUTPUT

Benefits expected to be derived from MPAY Nigeria by the stakeholders are:

1. Understanding of regulatory requirement in mobile payment services
2. Appreciation of the role of switching companies in processing mobile payment transactions
3. Understanding of the business case for a collaborative multi-operators, multi-bank mobile payment network.
4. Insight into how to build an agency network for effective cash in/cash out
5. Understanding of the integration of mobile payment with existing financial services infrastructure
7. Insight into how to make mobile payment work for microfinance banks
8. Mastering of entry strategy for mobile payment in a new market.

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