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ATM Industry Association
P.O. Box 452
The ATM Industry Association is an alliance dedicated to the global advancement and proliferation of automated teller machines. We provide our members with leadership sources for discounted products and services, political voice, education, business netwo
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Alexander Nwuba - Joint Venture Partner
Alexander Nwuba - Joint Venture Partner is Founder of Ogho Capital Corp, a US investment company focused on financing projects with an emphasis on the social and developmental needs of emerging economies.
and its subsidiaries operate a number of companies including SmartPayglobal
, an e-payment company whose assets include card payment processing transactions for over 40 banks, one of the largest ATM inventories in Africa and global mobile payments.
The group also owns Glofone a global VOIP carrier offering services to a large number of countries worldwide.
Mr. Nwuba is a Member of the Board of the ATM Industry Association (ATMIA) Worldwide and a Member of the Board of ATMIA Africa, ATMIA Asia, ATMIA Europe and ATMIA North America.
He is a member of the Board of Trustees of the SCSN a Smart Card industry group having been a pioneer in the use of Smart cards for payments.
advises Central Banks and bankers in general on the business of technology and payments and is one of the co-authors of the Nigerian Electronic Banking regulations.
He is a member of the technical subcommittee on payment integration across the West African zone and a member of the Nigerian Economic Forum in Geneva, Switzerland.
has lectured in Europe, Africa and North American on payments, payment security and fraud mitigation including, Compaq Financial Services Series, UK; Lagos Business School
on e-payments, ATMIA Africa
Conferences and NEDF conferences.
is a co-Author book, "the Nigerian Financial System" which examines the financial system and projects its evolution.
He is an Architect by training and has attended a number of business courses.
Vanguard Online Edition : Hi Tech:-SmartPAY disclaim competitor's claim
Mr. Alex Nwuba, Managing Director of SmartPay in a swift reaction to the claims during an informal media lunch date held recently in Lagos, described the claims as "lacking in authenticity".
said, is because the MasterCard scheme, being first a reputable payment company, has no room for a third-party involvement in electronic transactions." If MasterCard wants to come to Nigeria, they will come here as MasterCard International, without a front other than the affiliation they will have with the payment companies (in this case, the banks) that will be participating in the scheme".
This statement, which is actually the standard policy of all top global e-payment (or Card based payment) solution providers like Visa, American Express
, ETN etc, is the direct opposite of the claims to franchise acquisition as alleged by Card Technologies.
Reacting also to the said report's allegation that SmartPAY
is approaching ValuCard (another player in the card based payment solution in the local market) to guarantee the former's survival in the impending "competition", Mr. Nwuba
described that as the figment of the author's imagination.His
has always been a fair player in the market despite our superiority in technology and strategy, and we have also tried to encourage cooperation in order to grow the market.
The only opening left for MasterCard, as stated by Mr. Nwuba
, is the international or foreign travellers market.Even at that, he
emphasized that in all other countries where MasterCard is accepted like USA, UK and Europe, some local players are still thriving.
Smart Card Society of Nigeria - Membership
Mr. Alexander C. Nwuba
Founder and Managing Director of SmartPay Nigeria Limited
(formerly Gemcard Nigeria Limited).He began his professional career with a New York based investment bank, Merchant Banker's Group (MBG) where he worked in the company's offices in the United States and Switzerland.
continued in the financial services industry until becoming Chief Executive officer of Fatus Finance Limited
, Mr. Nwuba
has worked for a number of financial service companies in the United States and Nigeria.Mr. Nwuba
has attended numerous global conferences both as a participant and as lecturer on electronic payments, Information Technology and related subjects.He
sits on the board of several IT related companies in the UK and the USA as well as several Nigerian companies.Mr. Nwuba sits on government committees charged with developing policies on electronic banking and electronic commerce.Mr. Nwuba
has lectured extensively on e-commerce, e-payment and other IT related subjects in Nigeria and abroad.He
is considered an authority in the field locally and internationally.
Alex NwubaCEOSmartPay Nigeria
Africa Economies - daily news and current events
All Africa MANAGING Director/Chief Executive of Smartpay Nigeria Limited, Mr. Alex Nwuba, said that the company has, at l...