Zoto, a mobile recharge app developed by Hedonmark Management Services Limited, announced it had crossed over 350,000 downloads, making it the number one app in Google play store in Nigeria as it digitizes airtime recharge from physical scratch recharge cards and USSD short codes.
In a statement, Vipul Sharma, Founder & CEO, Zoto said “We thank Nigeria for making us the number one mobile recharge app in such a short period of time. We are committed to bringing more innovations to provide reliable and convenient mobile payments solution to our customers.”
The traditional scratch cards and USSD based mobile recharge is a challenge for most Nigerians who value time and convenience. Zoto App offers customers a convenient way to stay connected and recharge from any network. It allows the customer to save card details in the app and thus helps to eliminate the hassle of entering card details time and again.
“Mobile payments have a massive potential in Nigeria because of the growing smartphone penetration & mobile internet penetration. With 84 million unique subscribers in Nigeria, Zoto offers a disruptive and highly scalable value proposition,” further added Vipul.
Zoto is a mobile money and mobile commerce service licensed by the Central Bank of Nigeria. Zoto is compliant with the Payment Card Industry Data Security Standard (PCI DSS) and SSL 128 bit encryption designed to ensure that all companies that process, store or transmit credit/debit card information maintain a secure environment.