Secure Bulk Printing & POS Terminals - Blue Label Telecoms

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NIGE ERIA AFRI ICA PREPA AID SERVI ICES Context| Why the unbanked are unbanked! • Traditional commercial banking as we know it is operated on ‘high margin low volume commercial template’ • There is a disconnect between classic banks and lower income customers. Bottom of the Pyramid customers do not want the services offered by banks. and typically do not buy the services offered by the existing banks while banks presume that they are not very profitable to service • The documentation hurdles set by regulators and the banks are typically too high for customers at the bottom of the pyramid to scale; • Lack of complex systems to handle high volumes of transactions (with very high levels of availability) and bespoke business processes which are uncommon to traditional banking principles • Inadequate financial services infrastructure and limited customer touch points 6
NIGE ERIA Context | <strong>Telecoms</strong> in Nigeria AFRI ICA PREPA AID SERVI ICES 7 Total connections 2010 forecast 88,267 million % Growth in total connections p.a. 20.68% Prepaid as % of total connections 98% plus Market penetration 57.3% Prepaid ARPU (USD/month) 8 to 14 Source: BMI‐T
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Secure Bulk Printing & POS Terminals - Blue Label Telecoms

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