Verve International, Africa’s leading payment card brand has officially announced the winner of its Verve Cashless Campus Challenge in collaboration with Enactus Nigeria.
Verve Cashless Campus Challenge 2014, which was held between September and November, is an on-campus financial inclusion program designed to increase students’ understanding of the value of a cashless society while also promoting the cashless payment system on their respective campuses.
Its focal point is to ensure the Nigerian undergraduate understands the social and economic benefits of financial inclusion while also encouraging the adoption of an electronic payment tool i.e. Verve eCash (an electronic money system developed by Verve International).
|L-R, 2nd Place Winner, Briggs Corkson Rowland (uniport), 1st Place Winner, Ajijola Gbolahan (FUTA) and 3rd Place winner, Emmanuel Chikaodiri (UNN) at the Verve Cashless Campus Finale in Lagos|
Verve eCash is a fully integrated and innovative electronic money system that allows users to conduct online transactions (make payments through the internet and/or mobile phones) and transfers (send and/receive money) via an easy to use, convenient and secure platform.
|L-R, Country Manager – Nigeria, Verve International, Oremeyi Akah, 1st place winner, Ajijola Gbolahan (FUTA) and Acting Country Director, Enactus Nigeria, Micheal Ajayi at the Verve Cashless|
At the grand finale, which held on Thursday, 20 November 2014, Ajijola Gbolahan, a student from the Federal University of Technology Akure (FUTA) emerged as the winner of the grand prize, 500,000 naira, while Briggs Corkson Rowland from University of Port Harcourt and Emmanuel Chikaodiri from University of Nigeria Nsukka were placed second and third with prize money of 300,000 and 200,000 naira respectively.
These winners, in addition to the prize money, will also be given the opportunity to deploy their concepts on their respective campuses.
Expressing his enthusiasm about the competition, MD and CEO, Verve International, Charles Ifedi said:
“We are very thrilled with the reception this challenge has received and even more excited at the enthusiasm displayed by the students involved. We’ve seen several interesting solutions that can potentially enhance the cashless society we aim for.”
With this campus challenge, Verve International, Africa’s leading payment card brand in partnership with Enactus Nigeria is taking the lead in educating Nigerians throughout the country about the cashless economy and empowering Nigerians with information and tools needed to effectively operate in such a society.