ZOTO, a product of Hedonmark Management Services Limited and Nigeria’s fastest mobile recharge app, on Wednesday, December 14, announced that it had become the number one app in Google play store in Nigeria for the shopping category. With this new development, Zoto has registered a strong presence in the airtime recharge segment in Africa, which was dependent upon physical scratch recharge cards and USSD short codes until now.
Vipul Sharma, founder and 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,” Vipul said further.
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.
— Dec 14, 2016 @ 16:12 GMT