Tuesday, February 26, 2008

Virtual Terminal Network: What to Know

VirtualTerminalNetwork

Is a revolutionary virtual/Mobile payment network designed solely for the developing economies,Keeping emerging markets in mind by not requiring expensive and impractical payment initiatives of the yester years.

Through Graphcard, VTN is the only U.S. based online payment processor, that opened its gateway to Nigerian in 2004.

VTN has been serving Nigeria’s ecommerce needs via an online payment solution for the past three years and has grown to help develop and power the country’s e-government channels, connected to 25 Banks on the InterSwitch Network.

In addition, VTN-Graphcard has been providing online payment solutions to the underserved in over 100 countries.

VTN’s hybrid Web/Mobile payment network will be launched in October 2007. VTN is a world-class payment system that will help promote a more economically efficient payment channel in Nigeria while maintaining the ease of access and real-time settlement of funds.

VTN is designed to: Be a robust electronic payment system to settle Person-to-Person payments securely and easily. Displace widespread cash usage in Nigeria with an efficient world-class payment solution that takes advantage of the culture’s existent and increasing use of GSM phones and other existing infrastructure.

Be an open platform where other banks can connect easily and benefit immensely VTN takes advantage of Nigeria’s widespread usage of mobile phone networks and other existing technical infrastructure while avoiding heavy dependence on costly and advanced systems with huge maintenance that may inhibit usage in the rural areas of Nigeria, a developing country.

VTN allows for inter-operability competitiveness while providing account users and merchants nationwide access to its extensive financial institutions and agents.

For more information contact

e-mail us info@virtualterminalnetwork.com

support@virtualterminalnetwork.com

global_errands@yahoo.com

Websites http://www.errandsafrica.com/

http://abujaerrandsservices.blogspot.com/

Tel: +234 803 328 6858
+234 803 854 9349

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