• Latest
  • Trending
eFactory simplifies electricity payments in Nigeria

eFactory simplifies electricity payments in Nigeria

February 23, 2023
Call of Duty movie: Paramount, Activision strike deal for live-action adaptation

Call of Duty movie: Paramount, Activision strike deal for live-action adaptation

September 5, 2025
Meta Brings Back Facebook Poke with Emojis and Streaks

Meta Brings Back Facebook Poke with Emojis and Streaks

September 5, 2025
Know why they’re calling: Truecaller launches AI-powered insights

Know why they’re calling: Truecaller launches AI-powered insights

September 5, 2025
Visa harnesses local partnerships to launch Visa Pay in DR Congo

Visa harnesses local partnerships to launch Visa Pay in DR Congo

September 5, 2025
Betika denies recent reports of security breach

Betika denies recent reports of security breach

September 5, 2025
10 things you can actually buy with crypto in Africa

10 things you can actually buy with crypto in Africa

September 5, 2025
CBE seals deal with Botim to enhance remittance services for Ethiopians living in UAE

CBE seals deal with Botim to enhance remittance services for Ethiopians living in UAE

September 5, 2025
Nigeria Senate, SIBAN push for crypto regulation to boost digital economy

Nigeria Senate, SIBAN push for crypto regulation to boost digital economy

September 5, 2025
Mamo Mihretu Resigns as Governor of Ethiopia’s Central Bank

Mamo Mihretu Resigns as Governor of Ethiopia’s Central Bank

September 5, 2025
Paratus Group introduces first private mobile network using LTE and 5G in Namibia

Paratus Group introduces first private mobile network using LTE and 5G in Namibia

September 5, 2025
Your one-stop tech hub! Get the latest updates on AI, cybersecurity, fintech, and emerging technologies.
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
Techpression
No Result
View All Result
Home Tech News Africa Tech News

eFactory simplifies electricity payments in Nigeria

Modupeoluwa Olalere by Modupeoluwa Olalere
February 23, 2023
141 9
0
eFactory simplifies electricity payments in Nigeria
465
SHARES
Share on FacebookShare on TwitterWhatsAppTelegram

Online electricity payments in Nigeria are made simple through the eFactory platform. The business has chosen to use technology to address a fundamental power management problem because Nigeria’s electricity supply and payments are beset by several challenges.

As a tech company, it gives electric utility providers and their customers a platform that makes it easier to track, manage, and distribute electricity. People can buy tokens for their prepaid and postpaid electricity meters and pay for them right away using the web and mobile apps.

For a Nigerian electricity distribution firm, eFactory developed a unique payment and token management system. Through the web app, the distribution company could receive payments and distribute tokens. Over time, the program lowered the disco’s overhead and simplified client electric meter recharges.

Read also: The Remarkable Growth of Nigeria’s ICT Sector

RelatedPosts

Ethiopia suspends new crypto mining power deals to protect domestic supply

Epic Pay outlines strategy to elevate Africa’s financial infrastructure at Lagos Developers Circle

South Africa’s Open Access Energy raises $1.8 million to advance AI in electricity trading

Metering and the eFactory App

eFactory’s Android and iOS software lets customers buy tokens for meters from up to nine power distribution firms, simplifying power management in Nigeria.

“Leveraging our experience, we created the eFactory app. Customers bought, dispensed, and managed their electricity via the eFactory App.”

“Our customers can also track their usage and purchase histories, request smart meters, recharge their smart electricity meters over the air, and more.”

The company currently services nine Nigerian electricity distribution companies. This allows users to buy power tokens for prepaid and postpaid meters of the following companies: AEDC, EKEDC, Ikeja Electric, IBEDC, Kaduna Electric, Jos Electric (JED), PHED, KEDC, and EEDC.

The eFactory metering system helps estate management and facility managers assign smart power meters to inhabitants, control utility usage, generate electricity tokens, and monitor consumption with each building’s electricity meter.

With a prepaid system, the solution handles all electricity money recovery. Residents of the estate will use electricity on a “pay as you go” basis and pay for it upfront, lowering the risk and anxiety associated with bill inconsistencies.

This one-of-a-kind vending machine is the pioneer of its industry. Clients, such as landlords, property owners, developers, and managing agents, as well as residents, are given the ability to view detailed reports for the purpose of efficiently tracking and monitoring utility use.

Togo’s Solar Mini-Grid Project Receives €4m From SEFA, ADF

This estate metering system gives estate managers and facility managers the ability to handle private estates and apartment utility management, respectively.

You don’t need an eFactory account to buy electricity units. You only need your phone number to buy the electricity token on the website.

Also, you can download the eFactory app from the Google Play Store and the iTunes Store to purchase power tokens and monitor your energy usage while on the go.

Tags: eFactoryElectricityPayments
Modupeoluwa Olalere

Modupeoluwa Olalere

Modupe is a tech content writer with 3+ years of experience turning complex ideas into clear, engaging stories. She covers innovation, digital trends, and emerging technologies. When she’s not writing, she’s exploring new tools or tracking trends shaping Africa’s tech ecosystem.

No Result
View All Result

Quick Links

  • Tech News
  • Cryptocurrency
  • Fintech
  • Startups
  • Business

Follow Us:

  • facebook
  • instagram
  • Twitter(X)
  • Linkedin
  • YouTube
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 Techpression.com -Techpression Media Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Reviews
    • How To
    • General News
  • Cryptocurrency
  • Business
  • Fintech
  • Startups
  • Featured
  • Ai
  • Tech TV

© 2025 Techpression.com -Techpression Media Limited

techpression.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.