Products | Vasmobile
Customers can have access to electricity tokens on credit, the amount can be paid later through the vasmobile app through various payment channels or through PHED’s website and vendors. Defaulting customers will be issued less valued tokens on their next token purchase, a reducing balance until the loan is cleared.
Port Harcourt has a high household token purchase rate from statistics it’s a clear assurance that the market is favorable for such an initiative. The government’s keenness on electricity provision and the high number of vendors is an added advantage to investors since it provides the much- needed goodwill from authorities and the general public thereby boosting investment reputation The partnership will enable customers to access credit for electricity tokens via VasMobile, PHED website, PHED’s app, and Electricity vendors. Credit services to clients will attract 8% interest with collateral of electricity tokens.
VAS MOBILE application (IOS and Android operating system) will be used to lend out cash and vend electricity tokens, airtime, and other VAS products. The app will have a detailed wallet where a client can access credit facilities, airtime, and purchase electricity tokens