Nigeria’s payment platform, Zoto says users of its new mobile application can enjoy services for as low as N1 for a limited period.
On the new app, users can purchase subscription recharges, pay for TV, broadband, electricity and betting services.
Oshone Ikhazoh, Zoto’s co-founder who made the announcement at a recent press briefing, said the redesigned Zoto app will improve users experience in making payments on the platform.
“Using Zoto wallet, users can mak payments within 5 seconds without going through the tedious process of bank OTP and each payment is secured and complies with CBN policies,” he said.
He also pointed out that the electronic payment space in Nigeria faces challenges such as high failure rate, OTP delays and poor user experience as existing solutions are not reliable and mobile friendly. However, the app promises to address some of the challenges.
Zoto uses a machine learning process to predict user’s favourite recharge and most frequent payment they are likely to make.
“We all want to maximise our time, so when making a payment we want the fastest, safest way of doing that. This is what motivated the Zoto idea; we want to make payments as convenient as possible,” Ikhazoh said.
While expatiating on Zoto’s brand promise, Ikazoboh informed that the collective promise from Zoto is to continue to provide cutting-edge innovations towards making the payment experience the fastest, easiest and most rewarding.On mobile app stores, Zoto currently enjoys a high user rating. Zoto’s rating on Android and iOS averages 4.6 out of 5.