MoMo bets on open API to grow usage of digital wallets in Nigeria
- MoMo releases an open API to increase digital wallets on the platform.
- MoMo believes that the industry's future is in wallets despite low adoption rates.
- MoMo's open API has onboarded over 20 businesses and plans to add more services.
The release of MoMo's open API is a strategic move to increase the adoption of digital wallets in Nigeria. Despite the low current usage, MoMo believes in the potential of wallets and aims to attract more businesses by offering additional services. The open API not only expands MoMo's business offerings but also creates a platform for collaboration and interaction within the industry.
