If it is in your mind, it could soon be in your hand. We are in the age where Science fiction is becoming science reality- Valentine Obi, 2016 at CEBIH 2016.

Valentine Obi, CEO of eTranzact (https://twitter.com/mrvalentineobi) was a speaker at this year’s edition of the committee of e-banking heads (CEBIH) conference held at Transcorp Hilton Hotel in Abuja last week. He talked about “Adding value through disruptive innovation” and how disruptive innovation is affecting every part of life from payments to banking to transportation to hotels to health, etc.

He talked about how disruption can be ugly even bordering legality, using the example of MMM which has over 1.2million users in Nigeria, with everyone required to have a Bank account.  He charged the Bankers and other tech companies to look at consumer behavior patterns in MMM and how the knowledge can help transform banking.


The event saw the launch of BankIT POS, a point of sale application that you can install on your phone to help take advantage of your most used device as a tool of business. BankIT POS allows you simply install an application on your phone that processes debit card and direct bank account payments.


Earlier in the year, eTranzact launched BankIT, a payment service that allows businesses to receive payment from bank accounts on Mobile, Web, USSD and POS. In a short time since launch, BanKIT has already processed millions of transactions for companies like Multichoice( DSTV and GOTV), Airtel, GLO, Etisalat, Slot, etc, providing the engine for millions of Customers to pay subscription fees using 3899*SmartcardNumber#; buy airtime and data- *444# for Airtel, *805# for GLO and *695# for Airtel, as well on the web for schools and ecommerce companies.

The CEBIH event had in attendance Heads of e-banking from top Nigerian banks; Mrs Ibukun Awosika, Chairman, First Bank; Mitchel Elegbe, CEO, Interswitch; John Obaro, CEO, System Specs; Ade Sonubi, MD, NIBSS; Adia Sowho, Director, Digital Business, etisalat and other professionals in Banking, payments and telecommunication sector.


CEBIH executives with Mr Adeyemi Adeyemo, Group Head, Business development, eTranzact and Mr Valentine Obi, CEO, eTranzact at the CEBIH conference.

Businesses can sign up to start using BankIT POS here: http://bit.ly/BankITPOS. You can see more pictures below and others here: http://bit.ly/CEBIH2016


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