Africa’s leading
Integrated payments and digital commerce company, Interswitch, has restated its
commitment to continue supporting customers to meet urgent needs through its technology-driven
lending solution called Value Financing.
The Value
Financing solution is designed to provide customers with credit facilities as
an alternative option for the payment
for goods and services on e-commerce platforms and other digital platforms; consequently,
allowing customers to meet their pressing needs with loans.
In the wake of
the rising inflation across the globe, the firm said it has become necessary
for customers to explore the use of credit facilities to meet their urgent
needs.
Innocent Itobore,
Head, Interswitch Lending and Data Services at Interswitch made these
assertions at the third edition in the series of Regional Breakfast Sessions
which held at the Carlton Swiss Grand Hotel, Enugu state. He said that Interswitch
will continue to support customers and businesses to scale and thrive through the provision of innovative products
and solutions.
He said “At
Interswitch, we understand the peculiar needs of our customers, hence we
continue to design products that will allow financial institutions and
merchants meet the urgent needs of customers with loans, leveraging our
cutting-edge technology systems. These solutions will, in turn, expand the
lending offerings for financial institutions and give merchants the ability to
grow their businesses as they get more purchases from customers, who can buy
now and pay later.”
He said Interswitch
organised the Regional Breakfast Session to provide insights and discuss robust
opportunities for businesses to enable them to get first-hand information about
Interswitch products and solutions.
Itobore further
explained “The Regional Breakfast Session is an opportunity for us to introduce
our customers to new, game-changing products that promise a range of digital
competencies that will drive growth and profitability for their organisations. Essentially,
these solutions will help remove costs that businesses would have incurred to
develop enabling systems that foster seamless collection and disbursement of
funds.”
During the
course of the event, participants were onboarded on to other new Interswitch
products which include; Tokenization, Fintech-in-a-box,
Interswitch-Security-as-a-Solution, Banking-as-a-Service, Payment-as-a-
Service, Mobile Banking-as -a-Service and Biometrics on POS.
The Regional
Breakfast Session series has been organized to gather financial industry
players to discuss critical issues within payment ecosystem with the goal of
deepening digital payments in the country and beyond. After successfully
hosting the events in Ibadan, Port Harcourt and Enugu, the event train is
expected to move to Abuja and Lagos.
