Interswitch restates commitment to innovative payment solutions

Integrated payments and digital commerce company, Interswitch has reiterated its commitment to the increased adoption of innovative solutions such as digital wallets, Buy Now Pay Later (BNPL) services and Point-of-Sale (POS) solutions to strengthen the payment landscape and deepen financial inclusion in the country.

The firm made this known during the Nigeria Fintech Forum held recently at the Civic Centre, Victoria Island, Lagos.

Delivering the keynote address tagged ‘The Race Towards the Future of Digital Payments’, Akeem Lawal, Managing Director, Payment Processing & Switching (Interswitch Purepay) explained how innovative payment solutions have transformed the retail landscape, enabling seamless and secure payment experiences for customers and businesses.

He said “Digital wallets, POS solutions and BNPL services have emerged as game-changing solutions in the digital payment ecosystem. With advancements like contactless payments and mobile wallets, the convenience and speed of transactions have reached unprecedented levels, propelling Nigeria towards a cashless society.”

Speaking during the panel session tagged ‘Nigerian Fintech so far, assessing trends, opportunities, and obstacles’, Olufemi Davies, Portfolio Manager, Interswitch Purepay said it is important for players in the payment space including banks, fintechs and telecommunications operators (telcos) to collaborate to provide unique offerings and world-class digital payments solutions to customers.

About Segun Odunewu & Suleiman Idris

View all posts by Segun Odunewu & Suleiman Idris →