• WWDC 2025
  • Cryptocurrency
  • Earnings
  • Enterprise
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact Us
TechBooky
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Home African

Global Accelerex Launches Nexgo G2 ; A New POS Payment Device

Uloma Mary Omolaiye by Uloma Mary Omolaiye
October 17, 2017
in African, Enterprise
Share on FacebookShare on Twitter

Global Accelerex, a leader in the e-payment industry, has recently unveiled an innovative point-of-sale terminal, Nexgo G2, into the electronic payment ecosystem. The launching of this product took place at the POS innovative summit in Lagos, organized by the company.

Speaking at the event, the Managing Director, Mr. Tunde Ogungbade stated that the new payment system is portable, durable, efficient, has a high operational speed and is very affordable, compared to the mPOS. The traditional POS is a viable solution with which many small-scaled enterprises are familiar with.

Although it lacks the convenience of a mobile system which its counterpart offers, it is more integrated with options for storing customer information, accounting for sales and reporting inventory. In addition to these excellent features, it has the ability to print receipts on-the-go. As you can see, it won’t be obsolete anytime soon- there’s no need fixing what isn’t broken. The Managing Director added:

‘At a cost structure lower than an mPOS, it is almost amazing why any merchant would want to fiddle with two devices other than one.’

Aside from the low-cost structure, as a business owner, you may want to put security as a topmost priority. The traditional POS system is more secure than an mPOS because of internet connectivity. It is easier for hackers to penetrate through WiFi, making mobile solutions susceptible to attacks. POS systems connect through direct lines making it difficult for hackers to have a heyday. Also, because mPOS systems are smaller and mobile, they are easily stolen, putting the company even at a higher risk of losing sensitive customers’ information.

The Chief Operating Officer, Global Accelerex, Mr. Kayode Ariyo, affirmed that the newly launched product is designed with NFC capabilities and is fully certified for PCI 4x, EMV, PBOC, Master card PayPass and Visa PayWave. He said:

The G2 offers a rich high-resolution 2.4-inch colour display and can conveniently fit into a merchant’s pocket, making it an excellent choice for various payment scenarios such as Internal revenue collections, retail payments, bill/utility payments, distributor/field sales as well as agent banking.

This is a great one for business enterprises and religious centers to minimise the circulation of cash. Churches can make use of the device for collection of offerings and tithes. Petrol stations can have the device in place to take stock of inventory for both manned and unmanned fuel pumps. Schools are not left out. Other than the conventional method of queuing in the banking halls to make payments for all the expenses, Nexgo G2 will cut all the barriers for an easy payment for uniforms, tuition fees, and other expenses. 

Life can be this easy and we can cut down on risks if we move with the evolvement of technology.

Image: Wirecard

Related Posts:

  • WhatsApp-Image-2025-03-31-at-6.00.26-PM
    PayZeep's Rapid Growth Positions It as Nigeria's…
  • IMG_4519
    Zone’s Blockchain Network Adds Accelerex & ITEX
  • sm_1693220774.285026
    Bank of Ghana Issued Eganow Operational ePayment…
  • QR service
    NIBSS’ Indigenous QR Payment Solution Is Now…
  • Budpay_Bet9ja
    Partnership Deal: BudPay Electronic Payment…
  • contactless-payment-marquee-800×450
    The Significance of Visa Tap-to-Pay Technology For…
  • paying-with-card-on-phone-1300×650
    Partnership Deal: FCMB, NetPlusDotCom, & MasterCard…
  • Budpay_Bet9ja
    Bet9ja Partners BudPay For Electronic Payment Solutions

Discover more from TechBooky

Subscribe to get the latest posts sent to your email.

Tags: Global AccelerexGlobal Accelerex Nexgo G2Nexgo G2nigeriapayment
Uloma Mary Omolaiye

Uloma Mary Omolaiye

BROWSE BY CATEGORIES

Select Category

    Receive top tech news directly in your inbox

    subscription from
    Loading

    Freshly Squeezed

    • Apple Adds Major Accessibility Features to iOS 26 and visionOS June 11, 2025
    • Apple Enhances Podcasts, News, and CarPlay June 11, 2025
    • Apple Intelligence Adds Eight Languages at WWDC 2025 June 11, 2025
    • Apple Drops Five Watch Faces Ahead of watchOS 26 June 11, 2025
    • Apple’s ‘Liquid Glass’ Design Faces Criticism Over AI Strategy June 11, 2025
    • Apple Upgrades CarPlay with Widgets, Live Activities, and New Features June 11, 2025

    Browse Archives

    June 2025
    MTWTFSS
     1
    2345678
    9101112131415
    16171819202122
    23242526272829
    30 
    « May    

    Quick Links

    • About TechBooky
    • Advertise Here
    • Contact us
    • Submit Article
    • Privacy Policy
    • Login

    © 2021 Design By Tech Booky Elite

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors
    • African
    • WWDC 2025
    • Artificial Intelligence
    • Gadgets
    • Metaverse
    • Tips
    • About TechBooky
    • Advertise Here
    • Submit Article
    • Contact us

    © 2021 Design By Tech Booky Elite

    Discover more from TechBooky

    Subscribe now to keep reading and get access to the full archive.

    Continue reading

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok