By Emmanuel Udom
In Nigeria, with an estimated population of 200million people, banks are indeed making millions by the hour, by the day selling virtual-top-up recharge cards to their millions of customers.
Fact-check by www.csomedia.com.ng showed that even in this coronavirus period, about N21.4triiilion flows into the telecommunication sector every year.
Therefore banks have capitalized on selling recharge cards, process payments for PHCN, DStv, Startimes, and other agency services, to make money.
David Mobolaji, ambassador, Rechargeandgetpaid, speaking during a seminar held at Dav Viewing Centre, Ifo, Ogun on Saturday, said with as low as N5000 interested persons could also benefit from these online services, as there are about 185million 9 Mobile, Airtel, Mtn, Glo subscribers, nationwide.
This is the only way to key into the wealth being created at the telecoms sector, even in this time of outbreak, he said.