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Home Uncategorized

Leveraging Novel Solutions Will Drive Growth, Says Interswitch

by TheNewsStar
November 13, 2022
in Uncategorized
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As the adoption
of digital payment continue to rise in the country and customers continue to
yearn for more sophisticated digital payment offerings, Africa’s leading
Integrated payments and digital e-commerce company, Interswitch has said it is
pertinent for businesses to integrate novel solutions that speak to the unique
needs of their customers in order to have a more robust and financially
inclusive country.

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The firm made this
known during the second Regional Breakfast Session held at the Presidential
Hotel, Port Harcourt, Rivers state where stakeholders, financial institutions,
micro-finance banks, fintechs among others were introduced to innovative solutions
designed by Interswitch and get them acquainted with the benefits in different
use cases.

The Regional
Breakfast Session which is tagged “Accelerating Growth and Profitability –
Leveraging Technology to Win” is geared at providing insights and discussing
robust opportunities for businesses to continue to evolve.

Speaking at the
event, Akeem Lawal, Managing Director, Payment Processing and Switching,
Interswitch Purepay, said that Interswitch is committed to the advancement of
digital payment in the country and beyond, hence the firm has continued to
demonstrate its resolve and capacity in pushing the course to spur economic
growth.

He said “The
objective of the Regional Breakfast Session is to have robust discussions with
stakeholders on latest digital payment trends and proffer solutions to
industry’s challenges. It is also an opportunity for us to meet with our
customers and introduce them to novel solutions and technologies that will
build sustainable businesses and transform the payment landscape.”

According to Lawal,
“In the last 20 years, Interswitch has continued to facilitate the growth of
the payment ecosystem. The Regional Breakfast Session is a testament to this,
and we will never stop bringing our customers up to speed with the latest
technologies and capabilities in the payment space to help enhance their
businesses.”  

The attendees
had first-hand information about Interswitch’s recently launched products which
include; Tokenization; Fintech-in-a-box; Fraud Solution-as-a-Services;
Banking-as-a-Service; Payment-as-a- Service; Interswitch Security-as-a-Service;
Mobile Banking-as -a-Service and Biometrics on POS and Value financing.

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The products are tailored to provide seamless
payment solutions to banks, fintechs, micro-finance banks and other financial
institutions. Essentially, the products will provide seamless integration to
newer payment channels, protect customers against digital payment fraud, avail effective
value financing tools to lenders and enhance customer experience among others.

The Port
Harcourt event is the second location in the country where the Regional
Breakfast Session has held after it kicked off in Ibadan, Oyo state. The event
is expected to touch base in Enugu, Abuja and Lagos. 

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