Nigeria News

Coremobile unveils loan facility for airtime vendors

Coremobile Group, operators of, an online airtime recharge platform, has introduced a loan facility for airtime vendors.

This, according to the service providers, would make it possible for airtime merchants to loan money, do sales and refund at the end of the sales with no risk to the loaning bank as all payments are handled by Quick Airtime. The app which is available at allows merchants to sell remotely and remain competitive.

While explaining how the new loan facility works, the General Manager B2B of Coremobile Projects, Elvis Inwang, said all the vendors had to do to be part of the initiative was to first of all, register as a merchant on, then give out their registered email address to their customers which they would use as discount code while installing the app on their smart phones, android, etc.

“Any time they want to top up their phones and there is no money in the Merchant’s ‘Wallet’, they can pay with their ATM Card and the airtime is sold from the loan facility while the merchant’s commission will be deposited in his account”, Inwang explained noting that the introduction of Quick Airtime by Coremobile has helped recharge cards and VTU vendors to remain in their business that was threatened by the recent venture of Nigerian banks into airtime top up.

Speaking about the convenience provided by the facility to both merchants and consumers of airtime, Head of Research, Coremobile, Uduak Asuquo said; “We are committed to providing the best experience in the world. Consumers buy faster and the merchants can sell faster, easier and without financial limits. With the loan facility, you do not need money to start the business anymore. Building this cohesion between the loans provider, the merchant and the buyer highlights our vision.”

According to Asuquo, Quick Airtime is available in 120 Countries including Nigeria, United States, China and India while the app is published in thirty-one (31) languages including Hausa, Yoruba and Ibo. The app is also available for Android, blackberry, ios and windows mobile devices.

Also speaking, the CFO of Coremobile, Mr John Nwagbo, explained that “Quick Airtime is simple to use. I can use it to buy airtime recharge from a merchant by entering the merchant email in the app. So instead of calling the merchant to load my phone, I can do it on my own and pay the merchant later. Recharge card vendors don’t need to run on the streets. They can now sit at home and manage everything”.

He further disclosed that in order to make it easy for interested vendors to use the facility, Quick Airtime has published a video tutorial and guide for merchants at and .
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