MTel Nigeria Launches Credit Sharing Service
2005-04-04 06:33:59 | Viewed 856 times
The Nigerian Mobile Telecommunications Limited has scored another first in the consumer product development with the introduction of a credit-sharing product.
Chief Executive Officer, Mtel, Mr. Edwin Moore Momife who unveiled the Value Added Service (VAS), at the media presentation on Wednesday in Abuja said that Mtel would continue to place the consumers in the front burner of its operations.
He said that the product being marketed with the trade name “Share – De – Talk” is another opportunity for Mtel to serve the customer well. The Acting CEO Mtel assured that the new product would provide ample opportunity for more people to continue doing the business of talking.
Describing the technology behind the new product as locally sourced, he commended the Mtel staff packaged the product from its conception to the final outlay for their innovative and creative instincts. The team, which developed the product, comprised of the staff of Engineering, ITC and Marketing departments of Mtel.
At the media presentation of the product, the Chief Marketing Officer of Mtel, Prince Abila Bola Apampa said that the making of the product was a watershed in the history of consumer product development in the GSM paradigm in Nigeria.
He said that the credit-sharing product was yet another in the series of Mtel's innovative product packages for the highly sophisticated GSM consumers in Nigeria.
“With all sense of modesty, we in Mtel are always concerned and bogged down with the need to always task our creative prowess in the areas of consumer products development that would guarantee ultimate satisfaction for the subscribers on our network,” he noted.
Apampa said that the product was a direct response to Market research, which has over the time shown that Nigerians are a very hospitable people who always care for their kiths and kin.
According to him, in most cases the desire to assist others has often been hampered by inadequacy of means and methods.
Noting that officials of Mtel are very pro-active and responsive to issues of consumers concern, he described the new product as a concept which offers a prepaid subscriber the opportunity of sending airtime from one cell phone to another within the Mtel network.
“This product, which is highly very interactive, entails taking a part of the credit balance on the benefactors line and dispatching it to the beneficiary's line via an SMS command. It is that simple”, he noted.
However, he said for a successful transfer of credit, the requesting account (benefactor) must have sufficient credit on his or her account to cover the value of the transfer.
The system has been figured such that a subscriber can transfer a minimum credit value of N300 and a maximum of N1000 per transaction. However, the benefactor has the liberty to do as many transfers as desired within the value band defined.
Each transfer also attracts a surcharge of N20 to cater for the transmission of the SMS (N10) and cost of handling (N10).
|
|
![]() |
|
|
|
|



2006-04-06 11:00:00
"You did not specify how to achiave this so called credit sharing, what are the procedures in which a person can get it through. We like your services very much but sometimes to recharge is another headace"
Karofi Haladu from Makoda