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Wednesday, January 21, 2009

ChamsAccess to change business landscape – Prof. Akinde

CHAIRMAN, board of directors, Chams Group Plc, Prof. Adebayo Akinde, has declared that the newly inaugurated subsidiary of the firm, ChamsAccess Limited, would change transaction landscape in the country.

Akinde made this declaration in his address to the inaugural meeting of the board of directors of ChamsAccess Limited in Lagos, last weekend.

“This new addition to the Chams stable is emerging from the future to change the landscape of information dissemination, transaction and interactive payment solution business in Nigeria,” he asserted.

According to him, ChamsAccess Limited was born out of the desire to bridge a perceived information gap in the country.

“To provide the consuming public with the quality and convenience of service they rightly deserve,” he said.

Akinde also said that ChamsAccess Limited has been dully founded and registered to deploy and maintain ChamsAccess Service Terminals (CAST) which is a 24/7 self-service, electronic payment platform that allows the use of payment cards.

“It is safe, fast and convenient and does not need human interface. The terminals facilitate payment of bills purchase of airtime recharge cards, telephony services and video emailing,” he said.

In addition, the chairman said, the latest subsidiary would deploy and sell Automated Teller Machines (ATMs) in the country with the mission to be a world class company that provides the most suitable way to interactive solutions such as bill payments, telephony, internet services, e-ticketing and boarding to mention a few.

“ChamsAccess Limited prides itself as being a company that will not only bridge the information gap in Nigeria, but also ensure that we provide the convenience, reliability, efficiency and safety of payments and transactional services,” he said.

Reiterating the commitment of the group, Akinde noted that the formulation and deployment of innovative-edged technology, is not only changing the face of the industry, but also cut across all sectors of the economy.

“We have built an enabling infrastructure to support our key public sector projects,” he said.

He said some of these key projects are based on the concession awarded Chams Consortium by the Federal Government of Nigeria to issue the new national identity cards.

These chip-based ID cards, he said, come with full fledge biometric data capture and would have payment capabilities that will ride on the trusted ChamSwitch backbone on the backend.

“It would be given a front end interface for usability through an array of infrastructure being deployed by ChamsAccess such as the e-booth consisting of three ChamsAccess terminals and 1 ATM,” he said, promising that millions of these payment-enabled ID cards will be issued in the coming months.

“This will open a world of business opportunities for banks, government agencies, merchants as well as small and medium scale businesses. ChamsAccess is positioned to be the preferred medium for acceptance and transaction of these services,” he said.

Also commenting, the General Manager, ChamsAcess Ltd, Mr. Seye Femi-Gureje, assured that ChamsAccess would not lack the courage or the principle to undertake and perform its duties and responsibilities, noting that they are aware of the herculean task before his team.

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