Good news for nigerias Google on Wednesday announced that Nigerians can now make payments on its Play Store using the local currency, the naira.

This followed its partnership with Verve, the largest domestic card scheme in Africa, to make digital transactions on Google Play Store easier and more accessible for Nigerians.

As of today, Google said Nigerians can use their Verve cards to make purchases on the Google Play Store, strengthening the digital ecosystem in Nigeria.

#Binance

Coming at a time banks in the country are struggling to meet forex demands from their customers to make international payments, the announcement comes as a relief for Nigerians buying apps from the Google Store.

Under this new arrangement, Google will process Verve transactions within Nigeria.

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These transactions will be undertaken in Nigerian Naira (NG) and treated as local transactions by the country’s banking institutions.

As a result, any Nigerian with an Android device and a Verve card now has a streamlined method for making purchases on the Google Play Store.

Deepening app economy

Commenting on the development, Anthea Crawford, Head of Retail and Payment Partnerships at Google Play, said:

“We are thrilled to collaborate with Verve, expanding Google Play access for more Nigerians. The introduction of local payments with Verve cards is a significant milestone, enabling more Nigerians to participate in the app economy and access the apps they need.”

On his part, the Managing Director of Verve International, Vincent Ogbunude stated that the integration with Google Play is a significant stride towards achieving Verve’s vision of promoting financial inclusion.

“We are excited to bring digital content and services closer to Verve cardholders, hence bridging the digital divide. As a foremost payment card scheme in Nigeria, Verve’s expanding acceptance promotes inclusion by extending the reach of digital services to a larger segment of the Nigerian population. Maximizing this exciting possibility, users can now add their Verve Cards to their Google Play Account and pay in Naira, without stress,” he said.

He added that the new partnership simplifies the payment process for #GooglePlay Play Store apps and services and contributes significantly to a more inclusive digital environment for #Nigerians .

"Chukwumaeze Dike, a crypto enthusiast and cybersecurity specialist, said he finds the request for the top 100 users surprising and doubts Binance will comply.
Nigerian cryptocurrency stakeholders are weighing in on the government’s request for Binance to disclose details about its top 100 users in the country amid a crackdown on the exchange. Opinions in the crypto community vary, with some supporting the government’s actions while others disagree.
In interviews with Cointelegraph, local crypto stakeholders shared their opinions about the situation. Crypto analyst Rume Ophi said that the government was well within its rights, as requests like this are always made when the government is trying to investigate national security matters.
However, Ophi’s opinion doesn’t sit well with that of other local crypto enthusiasts who took to X to express their disagreement. Chukwumaeze Dike, a crypto enthusiast and cybersecurity specialist, said he finds the request for the top 100 users surprising and doubts Binance will comply.
However, Nigerian finance professional Olumide Adesina took to X to inform Binance users about the specified terms for disclosing such information via the company’s Government Law Enforcement Request System.

The Binance Government Law Enforcement Request System states that Binance may share user information with courts, law enforcement authorities, regulators, attorneys or other third parties to comply with laws and respond to law enforcement and regulatory requests, especially when compelled to by a subpoena, court order, search or seizure warrant."

Published by AMAKA NWAOKOCHA on Cointelegraph

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