Xpress­pay­ments pro­cesses N140bn trans­ac­tions

The Punch - - MONEY - ’Femi Asu

XPRESS Pay­mentso­lu­tions Lim­ited said it had pro­cessed trans­ac­tions in ex­cess of N140bn through its col­lec­tions plat­form, called e-cashier.

The Man­ag­ing Direc­tor/ Chief Ex­ec­u­tive Of­fi­cer, Oluwadare Owolabi, con­firmed that the trans­ac­tions were ini­ti­ated within the three years of the firm’s es­tab­lish­ment.

He said e-cashier,a mul­ti­ac­count and multi-bank col­lec­tions plat­form, was de­signed to en­able banks through their branches to col­lect funds on be­half of pub­lic and pri­vate sec­tor clients, for pay­ments on mul­ti­far­i­ous plat­forms across eco­nomic and busi­ness land­scapes.

Ac­cord­ing to Owolabi, e-cashier has suc­cess­fully in­te­grated the ex­ist­ing ex­i­gen­cies in the pub­lic and pri­vate sec­tors, espe­cially in the ar­eas of funds col­lec­tion.

He said, “Or­gan­i­sa­tions and govern­ment agen­cies that give pre­mium to ef­fi­ciency and ef­fec­tive­ness should look to adopt e-cashier as a col­lec­tion plat­form as it is a proven tool of con­ve­nience, ca­pa­ble of elim­i­nat­ing the te­dious­ness and com­pli­ca­tions sur­round­ing pay­ment col­lec­tions.”

Owolabi dis­closed that over 5,000 bank branches in the coun­try had e-cashier in­te­grated into their sys­tems.

Newspapers in English

Newspapers from Nigeria

© PressReader. All rights reserved.