Ibadan, Nigeria July 04, 2023 –(PR.com)– The eNaira is the central bank digital currency (CBDC) issued by the Central Bank of Nigeria (CBN) in October 2021. It is a digital form of the Nigerian Naira that can be used for various transactions within and outside Nigeria. The eNaira aims to facilitate global trade, enhance financial inclusion, and reduce the cost of remittances.

VCASH has been working closely with the CBN since 2020 to develop and integrate the eNaira API. The API is approved by the CBN and has been integrated and tested by over 5 IMTOs, with 5 more in the pipeline. The API is also available to other financial institutions in Nigeria that want to offer eNaira services to their customers.

Dr. Peter Ojo, the CEO of VCASH, said: “We are proud to be the first fintech company in Nigeria to launch the eNaira API for IMTOs. This is a game-changer for the remittance industry, as it will enable Nigerians in the diaspora to send money home faster, cheaper, and more securely. It will also boost the adoption and utility of the eNaira as a digital currency that can be used for various purposes.”

He added: “We commend the CBN for its vision and leadership in introducing the eNaira as a CBDC. We look forward to working with them and other stakeholders to ensure that the eNaira fulfills its potential as a catalyst for economic growth and development in Nigeria.”

VCASH is a fintech company that provides innovative solutions for payments, remittances, and financial inclusion. It operates VCASH, a mobile money platform that allows users to send and receive money, pay bills, buy airtime, and access other financial services. VCASH, together with the parent company VTNGLOBAL also operates a global remittance platform that connects over 15,000 banks in more than 120 countries.

Partnership inquiries:

Contact: Ayodeji Morakinyo
Email: [email protected]
http://www.virtualterminalnetwork.com
VTNetwork Limited

Contact Information:
VTNetwork Limited
Ayodeji Morakinyo
+234 7041911945
Contact via Email
https://www.virtualterminalnetwork.com

Read the full story here: https://www.pr.com/press-release/890519

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Seoul, Korea, South June 29, 2023 –(PR.com)– New social app [stan] announces its launch, a first-of-its-kind social network platform that brings artists and fans together in one global community, offering real fan interaction through new and exclusive artist content, live streaming, and social and visual gamification.

The platform boasts a diverse line-up of artist channels, such as EDM pioneer Ultra Music Festival Asia, Argentinian postmodern theatre show Fuerza Bruta, and a variety of K-Artists ranging from K-Pop idol groups, R&B singers, actors and more. New artists are on-boarded regularly, including singers, actors, and creative artists; forming an all-rounded and inclusive roster of global artists.

Founded by Dr. Anthony Park and John H. Chi, both of whom are experts in the entertainment and tech scene with decades of experience, [stan] was designed with the vision of redefining fan-engagement by building an inclusive global fan community, in a safe, seamless, and transparent space.

“We are excited to launch such a novel platform that not only provides real engagement between fans and artists, but also empowers fans to explore new means of interaction by building an amplified experience through social, livestream, and visual content,” says Dr. Park. “With [stan], we strive to create meaningful experiences for fans globally, and for anyone who loves music and values digital experiences.”

On [stan], users can upload and share photos and videos, and easily interact with artists by liking, commenting, and leaving reactions on artist posts. All users will have access to the latest entertainment news in the explore page, where they can also discover global trending artist content. The platform also has an in-app live streaming service, where fans will be instantly notified once their followed artists go live on the app.

[stan] is available for download on iOS and Android in over 90 countries. Find out more at https://stan.win/.

Contact Information:
stan artists & fans network
Gwendolyn Ng
+65 90617929
Contact via Email
https://stan.win

Read the full story here: https://www.pr.com/press-release/890182

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Source: PR.com