A cross section of owners of Small and Medium Scale Enterprises (SMEs) have expressed enthusiasm over the launch of Glo Xchange, declaring that the mobile money super agent network is another huge income stream for their business.

At the town hall meetings held in Ibadan, Benin, Abuja, Port Harcourt, Ikeja and Lekki in Lagos on Saturday, the SME owners who turned up to register as Glo Xchange agents, praised Globacom for the elaborate platform which is aimed at deepening financial inclusion and promoting Nigeria’s electronic payment system.

Mr. Raphael Arokoyo of Real Imagination Ltd who attended the Ikeja meeting, said: “This is a good means of economic empowerment for Nigerians….” He expressed confidence that the mobile payment option would catch on.

“There is no business without its teething issues. When ATM started, it was difficult to accept. But today, it is taking shape. So, I believe that with the strength of Glo and all its partners, the mobile wallet will be a good venture,” he said. Arokoyo said that his excitement about the product knows no bound, adding that “it is easy to operate a mobile wallet because it does not require high education. As long as the user can operate a phone, you are in business.”

He added: “it does not require start-up capital. With Glo’s support to brand our shops, it saves costs.”

Another prospective agent, Mrs. Eucharia Ajaegbu who is a provision store operator in Ojo-Alaba, Lagos said Glo Xchange was a welcome development that “will make business transactions very easy.

It will improve the earnings of small business people. I love it, and I hope it goes well,” she enthused.

In her contribution, Mrs Mercy Nnamani, a teacher and provision seller in Ojo-Alaba said, “Glo Xchange does not need start-up capital. With Glo’s support to brand our shops, it is easy to run, and less stressful.