[Bitcoin] Enabling online commerce with Nigeria

I had the pleasure of meeting Geoffrey Weli-Wosu in the last Bitcoin Expo in London. Geoffrey is the London compliance and marketing director for Vogue Pay, Africa’s biggest payment processor. I was interested to know whether their new Bitcoin relationship with the South African exchange Ice Cubed, will provide a new service that Nigerian online consumers simply do not have. The main obstacle in the way of online payments in Nigeria is credit card fraud. Can Bitcoin solve that problem?

tib1

tib /tɪb/

(n)

A microdonation or micropayment of around 15p / 25¢.