Globacom to boost financial inclusion with Glo mobile money

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Innovative telecoms company and leader of digital revolution, Globacom,  has announced a new product, Glo Mobile Money, which will help accelerate financial inclusion to over 60 million unbanked people in the country within a short time.  

While unveiling the company’s newcommunication direction for 2019 at a media forum in Eko Hotel, Victoria Island, Lagos, Globacom’s Deputy Chief Operating Officer, Technical, Mr. Bisi Koleosho, announced that the Glo Mobile Money is an agent network which will hasten the drive towards a cash-light Nigerian society and will help to boost overall economy of the country.

According to him, the new payment solution,which enables financial transactions on the mobile phone, will provide for safe and secure transfers to reduce physical cash management. The solution will allow instant transfers with 24/7 availability  with Agent network ready for all payments including merchant, salary, person to person transfers. The solution will also facilitate insurance payments, fixed deposits, international transfers and loans. Koleosho explained that the Glo Mobile Money does not require high end devices and is not data dependent.

Globacom announced the Glo Mobile Money product  along with  several other services and products  which will position Nigeria to tap into the benefits of the global digital revolution in 2019.

One of the other products announced is World Connect, a new product designed to keep busy executives connected to their offices from anywhere in the world. World Connectoffers “the most affordable roaming data” in and out of 60 countries with over 6.4 million wifi  hotspots worldwide including leading airports around the globe.

 The other solutions announced by Globacom on Friday are Glo Drive, Glo Health, Glo Entertainment Portal,  Glo Call Connect Service, World Connect and  Glo Titi, the Artificial Intelligence platform.

Glo Drive, offers  limitless storage capacity in the cloud, while Glo Health Care is a digital health assistant designed to offer Nigerians access to best  doctors in the world directly on their phone.

The Glo Entertainment Portal provides millions of digital entertainment content through Glo Café while Glo Artificial Intelligence platform will engage customers directly and assist them to get information about data plans, prepaid plans and Value Added Service (VAS). With this platform customers can buy their plans, resolve issues and ask questions 24/7 without any human interface.

To make all these solutions effective and seamless in operation , Koleoso also announced massive investment in infrastructure and network renewal saying that Globacom has “…invested massively in new technologies to introduce these products which we believe will redefine business, social and personal pursuits”.

“Having ended 2018 on a very high note, retaining our position as the second largest operator with a remarkable 45.3 million subscriber base, we have resolved to further enrich customer experience on our network with these new offerings,” Mr Koleoso stated.

The evening ended with the surprise unveiling of an endorsement contract with the world heavyweight boxing champion, Anthony Oluwafemi Joshua, covering Nigeria and Ghana. Speaking in a documentary shown during the event, Joshua, the Nigerian born Briton, praised the Globacom network for its reach and speed, describing it as his reliable partner.  “I believe in Glo,” he said,  and went on to disclose the merits that connect him with Glo. “We have the fastest speed, longest reach and the Nigerian fighting spirit as game changers. “Glo, I hail o!” He enthused.

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