Global Accelerex, a Central Bank of Nigeria licensed and fully certified Payment Terminal Service Provider (PTSP) has launched Nexgo G2, an innovative point of sale (PoS) terminal into the electronic payment ecosystem. The new electronic payment system combines portability with efficiency, durability and high operational speed.
While unveiling the product at the just concluded PoS Innovative Summit organized by the company in Lagos, Mr. Tunde Ogungbade, Managing Director of the Company, revealed that Nexgo G2 is a convenient device, engineered for mobility and very affordable, in comparison with the complexities of an mPOS. It is packed with excellent features that cater to the needs of a broader range of merchants and segments, with the ability to print receipts on the go.
“At a cost structure lower than an mPos, it is almost amazing why any merchant would want to fiddle with two devices other than one,” he added.
Presenting the device to representatives of money deposit banks at the summit, the Chief Operating Officer of the company, Mr. Kayode Ariyo disclosed that the G2 comes with NFC capabilities and is fully certified for PCI 4x, EMV, PBOC, Master card PayPass and Visa PayWave. “The G2 offers a rich high resolution 2.4 Inch colour display and can conveniently fit into a merchant’s pocket, making it an excellent choice for various payment scenarios such as Internal revenue collections, retail payments, bill/utility payments, distributor/field sales as well as agent banking”, he stated further.
The NEXGO G2 is versatile and allows a wide variety of customized applications for different sectors. For churches, the device can be customized with easy menu for collection of tithes, offerings, building funds, among others.
For fuel stations, NEXGO G2 has the capability to fuel pump integration for both manned and unmanned fuel pumps, stock monitoring and inventory management. For schools, menus can be incorporated for easy payment for uniforms, books, fees and other academic expenses. The device is also enabled for account opening, loyalty schemes for select account holders and closed loop schemes for high value merchants.
Since it came into operation, Global Accelerex has constantly strived to give customers the best possible point of sale experience. Apart from its latest value addition, it has pioneered other integrated products and services tailored to fit the unique needs of its ever-growing clientele. Its service offerings include platforms of choice for client initiatives such as invoicing, order management and bill collections; ability to track and manage assets by several parameters; automation of key acquirer internal business processes; and improved metrics for operations performance monitoring and reporting.
The PoS Innovative Summit is a regular event organized by Global Accelerex to reinforce acceptance of PoS as an alternative means of payment, with a view to transforming the payment system in Nigeria to match world-best practice. The next summit is scheduled to hold in Lagos in December.