Since inception, Bloc (formerly TechAdvance) has been a part of the Nigerian bills payment industry currently processing over 1B in monthly transactions.
Today, in our promise to help companies build & launch FinTech products faster, we are happy to announce that we (Bloc) have completed the direct integration of our Bills Payment API with MTN.
This was made possible with the acquisition of a Class License issued by the Nigerian Communications Commission (NCC) — via our subsidiary, Ace Remittance.
What this means for our customers
This integration allows companies and organisations who offer MTN products via our Bills Payment API to do so at cheaper prices.
With our Bills Payment API, you can sell airtime/data from all telecom providers, electricity from all national discos and cable TV to your customers. More importantly, you no longer have to worry about owning or maintaining the infrastructure needed to offer these services.
We do that for you.
What this means for us
It takes us one step closer to building reliable, proprietary infrastructure — removing the risks and hassle that comes with the existence of more than one wholesale provider in the value chain.
Our mission is to offer new/existing companies (FinTechs and non-FinTechs) an exhaustive set of building blocks — infrastructure, compliance, capital — that allows them to increase their value to their stakeholders. We’ve further shown our commitment to this mission with our Value Added Service License issued by the NCC.
Inspired by this partnership, we will continue our business development strategy to simplify FinTech integration to telecom and open up more possibilities for the glory of FinTech.
Learn more about our Bills Payment API here.
About Bloc
Bloc is a Financial services infrastructure company providing technology, compliance and capital to companies (FinTech & non-FinTech) that want to offer financial services.
Committed to the belief that every company will need financial technology to remain relevant (or scale) in the near future, Bloc’s position — since inception — is to remove every obstacle that typically accompanies building FinTech.
Get started with Bloc.