Nairabox had a press conference that took place at the BL Restaurant in Victoria Island, Lagos on the 2nd of June and introduced its mobile app. Nairabox which was introduced into the Nigerian market in December 2015, is a digital wallet that allows its users to pay for goods and services within the app and also make in-store payments. The aim of the app is to serve as a mobile wallet where users can pay for bills, pay for events, buy airtime and so on.
According to the Chief Operating Officer, Mr Jay Chikezie, “you get Nairabox by following 3 steps which includes Downloading and Signing up, Add Funds, Use Nairabox to pay for your goods and services.” Also naming the app’s features and benefits, the Chief Financial Officer said, “It is a lifestyle change. It literally is changing your wallet to an app, so you can make payments; from bill payments, to donations, to event tickets purchases, cinema tickets, buy airtime, and you get rewarded for doing these things. One of the rewards includes 5% discount when you pay with your Nairabox acc at BL Restaurant”
Talking about the safety of the app, Nairabox Co-founder, CEO and Head Developer, Mr Damilola Jegede had this to say: “Nairabox is pretty safe. We know in the modern day and age, everyone worries about security. Security is at the heart of Nairabox, it is the beginning and end of the product. Nairabox is encrypted from end to end. We made sure to mitigate every form of security threat, by encrypting all transactions from end to end, from when you do it on the mobile app itself to the transportation to the server, from there to financial processing and back, it’s all encrypted to ensure that its tamper proof.”
Also announced at the Press Conference was the winner of the Nairabox Democracy Day Promo, Miss Adanna Chukwumerije who won the promo through the social media #nairaboxchallenge. She was presented with a Samsung Galaxy S7 Edge.