Interswitch Gets Recognition | Independent Newspapers Limited
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Interswitch Gets Recognition

Posted: Mar 24, 2016 at 3:00 am   /   by   /   comments (2)

A leading digital payments and commerce provider, Interswitch Limited, has emerged as a multiple award winner at the maiden edition of the Electronic Payment Incentive Scheme (EPIS) Awards organized by the CBN and Nigeria Inter-bank Settlement System (NIBSS), a statement by the management of Interswitch has revealed.

The digital payments provider was recognized as the most efficient payment processor, most efficient Payment Terminal Service Provider (PTSP) and most efficient Payment Terminal Application Developer (PTAD).

According to the organizers, the awards are intended to identify, reward and celebrate financial institutions, merchants and other stakeholders in the electronic payment space for great work done in promoting and expanding the use of electronic payments in Nigeria.

While recognising the immense role being played by the digital payments provider to drive growth in electronic payments system in Nigeria, Deputy Governor, Operations Directorate, CBN, Suleiman Barau, said he was indeed happy and delighted to appreciate the contribution.

He said: “We are delighted and proud to recognize, encourage, appreciate and reward financial, non-bank and other stakeholders in the EPIS that have been driving the growth of electronic banking channels in Nigeria.”

Also speaking at the event, Managing Director, NIBSS, Adebisi Shonubi, said that the event marked a memorable point for all the years of commitment put in by industry regulators and other stakeholders that have striven to drive the growth of electronic payment in Nigeria and the eventual transformation into a cashless society.

Commenting further, Divisional CEO, Switching and Processing, Interswitch, Akeem Lawal remarked: “At Interswitch, for the last 13 years, we have been at the cutting edge of the electronic transaction revolution in Nigeria. We are always excited about innovations that make transactions more seamless and efficient. This latest recognition is more evidence of our unrelenting resolve to consistently provide best-in-class integrated transaction solutions that are secure, convenient and tailored to the requirements of the market. We are proud to be recognized for our efforts, even as we look forward to continuing to drive social and economic value creation not only in Nigeria, but across the African markets we operate in as well. We also owe our success to our customers and would like to thank all our customers for their continuing contribution to our success.”