Thursday, May 29, 2025
25.1 C
Lagos

Interswitch: Value Financing Will Spur Growth of Payment Ecosystem

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; Tokenisation, 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 organised 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.

 

 

spot_img
spot_img
spot_img

Hot this week

Wecass Braun Integrated Energy Showcases Management Team

From left to right: Mrs. Ezeonuegbu Scholar Ifeyinwa -...

The Puzzle of Nigerian Corporate Prosperity in Harsh Economic Times

By Elvis Eromosele In the first quarter of 2025, a...

Fidelity Bank CEO Celebrates Children’s Day 2025 in Lagos

Managing Director/Chief Executive Officer, Fidelity Bank Plc, Dr. Nneka...

Newly Appointed MD/CEO Of NAIC Resumes Office, Pledges Inclusive Reforms

The newly appointed Managing Director/Chief Executive Officer of the...

Stanbic IBTC Holdings Shares Strategic Vision, Performance at 2025 AGM

Stanbic IBTC Holdings Plc, a member of the Standard...

Topics

Hero Lager Beer Wears a New Cork on Knighthood

Hero, a premium lager on the stable of International...

Ecobank Unveils Smart SME Agency Banking Campaign to Empower Small Businesses

Ecobank Nigeria has launched Smart Small and Medium...

SEPLAT Energy Files N5bn Lawsuit Against Ex Chair, Orjiako for Breach of Contract

  Seplat Energy has dragged its former chairman, ABC Orjiako...

Vista Bank Selects Temenos to Power Digital Transformation in Africa

Vista Group, a challenger bank building itself into a...

NAIPCO, NCRIB Partner on Industry Growth, Development

> L-R: Financial Secretary, the National Association of Insurance...

Lamido of Adamawa Commends NCC’s Consumer Protection Initiatives

The Lamido of Adamawa, Dr. Muhammadu Mustapha, has commended...

PenCom, EFCC Partner on Non-Remittance of Pension Funds

The National Pension Commission and the Economic and...
spot_img

Related Articles

Popular Categories

spot_imgspot_img