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06
2025

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06
2025

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Mastercard Verve – MasterCard Worldwide and InterSwitch in Nigeria Partnership

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Tekedia Editors
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MasterCard Worldwide and InterSwitch in Nigeria have started to offer a debit card – the Mastercard Verve. This collaboration between the two parties aims to encourage debit card use in Nigeria whilst creating wider acceptance of the cards home and abroad by utilizing the MasterCard brand.

 

 

“The co-branded debit card agreement with InterSwitch aims to usher in a new era in convenient and secure payments for Nigerians and through this collaboration, cardholders  will have the ability to use a single  card for domestic and international transacting.” Said Daniel Monehin, MasterCard’s area head, East & West Africa and Indian Ocean Islands.

 

Director of Payment Solutions for InterSwitch, Charles Ifedi said he was “delighted that MasterCard, which serves as a franchisor, processor and advisor to the global payments industry and enables global commerce by providing critical economic link between financial institutions, governments, businesses, merchants and cardholders worldwide has partnered with InterSwitch to co-brand the Verve debit card in Nigeria.”

With Corporate Affairs Commission Go Slow – OutBoxNigeria Is Here To Simplify Incorporation

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Tekedia Editors
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We usually do not cover this type of company, but what they offer is such in a high demand and if they can deliver on time, they will surely find success. We are aware of delays in incorporating in Nigeria. So OutBoxNigeria has got to help put some speed in that process of legalizing entities. Great idea. This is what it is …

 

Why use outBox
Outboxnigeria.com is Nigeria’s premier business formation and registration website. Powered by a dynamic and highly proficient team, OutBox is positioned to provide Fast Track Online Company Registration and other related business solutions to all its clients, within and outside the shores of Nigeria.

 

In our quest to deliver world-class services to all our esteemed clients and in compliance with certain Statutory Regulations as regards company registration in Nigeria, OutBox has employed the services of qualified solicitors, accountants and business consultants with proven track records in business formation and consulting services. Please feel free to call us if you have any questions – 07030000366

 

mission and core values
Our mission is to help you Achieve Your Dreams, by helping you mind your own business. We believe that financial freedom is an integral part of the success and happiness of any individual or corporate establishment, and that the very first step to achieving these goals is the formation and registration of a business.
Our core values are Efficiency, Integrity and Customer Satisfaction.

 

At OutBox, we are totally dedicated to your business success and will continue to “Think Outside the Box” to serve you better.
You are welcome.

Plazes – What Has Nokia Done With This German Startup?

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Tekedia Editors
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0

New York Times reported three years ago that Nokia had acquired Plazes – a German social media company.

 

Nokia said Monday that it has inked a deal to buy Plazes, a German social network, as part of the mobile phone giant’s push to transform itself into a next-generation entertainment company.

 

Nokia is positioning itself as a promoter of social networking, with photo and video sharing and games for users of its cellphones. That is because Nokia predicts that in the next five years, mobile phone users will create 25 percent of the entertainment watched on so-called smartphones, like the iPhone and BlackBerries.

 

On Plazes website, they have this note

 

Nokia has acquired the services provided through plazes.com. Together with the Plazes team, Nokia will work on further improving and developing this service for you.

 

For those that read the day this was announced, we could not see more. Nokia is still working on improving and developing the platform. This is one of the reasons why these acquisitions are good for the bank and not good for passion, sometimes. Recall Cisco‘s acquisition of Flip? They just killed it. Yes, that hot product.

When Twitter Clone Is On Twitter – YarnPad, A Nigerian Startup, Needs To Yarn More

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Tekedia Editors
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YarnPad is a Twitter like service developed in 2010 by the due  of   Victor Sylva and Deji Kadri. It offers a real-time information network that let people share and discuss things that interest them. The etymology of their name comes from ‘yarn’ which is a slang in Nigeria meaning ‘talking or talk about”.

 

  • People

    Connect with other nigerians around the globe to network, share ideas and collaborate.

  • Topics

    Solicit real-time feedback and benefit from previous discussions.

  • Events

    Discover relevant events in your local area and post your own.

 

It is really possible that YarnPad is not yarning a lot as it has tweeted only thrice. And we checked if it does yarn more on its site, we could not find any evidence.

Microsoft Needs Help Nigeria – Use Genuine Software

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Tekedia Editors
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3

Microsoft joins the industry practitioners on the crusade against illegal software which we support, 100%. The Vanguard reports  that  “unless sound IP policies were put in place to help  reduce software piracy and counterfeiting which threaten legitimate businesses and expose consumers to the risks that come from using non-genuine software, the fight against piracy may be far fetched”. This reasoning was attributed to  Emmanuel Onyeje, General Manager Microsoft Anglophone West Africa.

 

This is very interesting but that is a losing argument, if Microsoft implies an economic risks through virus or malware. If you make the presentation that someone using illegal Word or Excel is exposing his/her business to risk, you will never win this game Microsoft. There is risk associated with piracy,  but not the one you are thinking. While using  illegal bank ledger like Flexcube could cripple a bank, the use of Word is largely harmless. If you push that risk argument you will not get any help and they will say, we are ready to face the economic risks, if that is what Microsoft has in mind.

 

The best strategy is just to define that as crime. If you use illegal software, you are stealing and must be treated that way. Make it clear that it is illegal and punishable by law. To many, that is a better threat than any associated self-inflicted economic risks on using Microsoft products.

 

Microsoft will need a new engine of growth as Apple redesigns the tech ecosystem. It has to be and getting all the revenues from their software will go a long way. We wish them good luck but they must communicate the criminality of piracy better.  The risk is there and it is going to jail. Period.

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