Amazon Web Service, a global leader in cloud services with presence in Nigeria has said its customers in the country can now pay for its services in Naira.
The company said this became imperative to help its customers cut costs associated with foreign exchange and localize payment experience.
According to a statement from AWS, the Nigerian Naira is one of the eight new currencies to be accepted for payments, a development that would save costs for many Nigerian companies using AWS services.
Other local currencies now being accepted by AWS include Chilean Peso (CLP), Colombian Peso (COP), and Uruguayan Peso (UYU). Similarly, AWS Europe customers can pay in Egyptian Pound (EGP), Polish Zloty (PLN), Romanian Leu (RON), and Ukrainian Hryvnia (UAH).
Why AWS is shifting to local currencies
Explaining the reasons for its latest decision to start accepting local currencies as against the dollar, AWS said:
“Local currencies are important in localizing the payment experience for customers….
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