The PayCofidence app, which has 100 per cent local content, was developed by Nigerians to address various challenges in online transactions and to raise the issue of trust between the buyer and the merchant for every online transaction.

PayC aims to help the industry to fulfill this potential and empower more citizens, by bridging the trust gap.

Speaking about the core values of the app and the mission of the developer, the Founder and Chief Executive Officer of PayConfidence, Mr. Austin Onwughai, said the app was developed to facilitate end-to-end seamless transaction between parties with absolute confidence, with a vision to become a global leader in the fintech space.

Speaking during the launch, Onwughai, said the issue of distrust was fast hindering the growth of e-Commerce in the country.