Saturday, 29 February 2020
Saturday, 29 February 2020 13:37

Patricia launches Bitcoin ATM card

Today, Patricia launched its exclusive and eagerly awaited PATRICIA BITCOIN ATM CARD, and as some users will call it, Africa’s First Bitcoin card; a global initiative that simplifies the way that its current and new users interact with bitcoin, giving them access to do everyday financial transactions at the swipe of a card.

The firm is offering a simple, single entry-point to the company’s specialized card, a system which gives both old and new users instant ability to withdraw cash directly from their BTC or Naira wallets, make POS and web transactions, and as well withdraw cash, do transfers on any ATM machine just like the regular bank’s ATM card smooth and fast.

The Patricia Card enables the user to carry out instant transactions with no delay or network issues. The users can partake via their Patricia wallet, which enables them to store their bitcoins, save cash and as well transfer to any wallet both within and outside the eco-system.

The company intends to leverage its insights and customer-centric services, engage new customers, and reach new markets and segments. This is in addition to Patricia’s commitment to financial inclusion, focused based product development, and helping to create solutions that enable a more inclusive economy.

“The thing about vision is that it should be ambitious and futuristic, but achievable. We understand that payments won’t (and can’t) change overnight and that there will be a long transitional phase before the world starts to fully transact in digital currencies.That’s why we combine digital infrastructure with existing card processing and banking infrastructure. This is a necessary step to drive the mass

“Adoption of digital cryptocurrencies. With the Patricia card, our users all over the world have access to cash, pay bills, make over-the-counter or inshore transactions, buy data and make subscriptions. We will allow you spend your bitcoin, anytime, everywhere and anywhere,” said Fejiro Hanu Agbodje, Founder, Patricia Technologies Limited.

Published in Bank & Finance
The lawmaker representing Uyo state constituency in the 7th legislature of Akwa Ibom State House of Assembly, Rt Hon. Anietie Eka has stressed the need for more priority attention to be placed on youth development.
 
Hon Eka believes that youths could develop their innate potentials and become entrepreneurs and employers of labour, if they have access to mentorship programmes and the right atmosphere to pursue their aspirations .
 
The lawmaker who spoke with our correspondent in his office at the state Assembly complex, Uyo During the Week about the motion brought to the floor of the House by him pointed out that the establishment of entrepreneural hubs and skills centres in Primary and Secondary Schools will help produce intelligent and productive graduates who will not be dependent on white-collar jobs after their graduation from school.
 
The Entrepreneural Hub is to cover the following areas; agricultural value chain, technological value chain, recycling value chain, general production skills, sales funnel, global marketing, importation ideas, dropshipping and managerial skills in Akwa Ibom state, noted that such Vocational Hub was vital because it would help to address pressing issues about youths specifically.
 
Eka said, ” if we can inculcate entrepreneurship spirit in our young people and help them to become entrepreneurial, it would help to close the job gap that we have. Hon. Eka decried that despite the fact that Akwa Ibom State is blessed with enormous natural resources, most of our graduates lack the entrepreneural skills to take up the spaces in the industrialization move and completion agenda of the present administration of Governor Udom Emmanuel."This is why it is imperative to tackle the problem from the root by injecting skills into the Secondary Educational System to divert the passion of students from violence to productivity and prevent unemployment virus in the future.
 
Our universities are shunning out million of graduates on annual basis and we have very minimal level of job openings for these graduates.
 
So I believe if we see entrepreneurship as a core issue in our society and also try to educate and empower our young people with start-ups as well as mentorship and coaching that they need to prosper, they will also help in job and wealth creation.”
 
Although he pointed out that apart from Uyo state constituency, he represents the youth constituency and that he is well-grounded with the problems of youths in the state as a youth himself as well as a grassroots Moberliser and also a former Councilor in the State noting that the bill has come to address challenges facing youths even as he admonished young people to endeavour to work hard legitimately to earn a living and not to scam a living.
 
He further disclosed that his bill when passed into law, will engender an empowered youth populace and that the Hubs will provide veritable platform for international donor agencies to partner the state government in the realm of youth development and The issue of youth unemployment will reduce drastically.
Published in Macroeconomic Bulletin
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