The country manager of a global online payment service
provider, PayU Payments Nigeria Limited, Juliet Nwaanguma, has reiterated the commitment
of the company to simplify payment systems in the country, reports ITRealms.
She also said that PayU is coming to Nigeria with innovations
capable of making the market more competitive, as the company is fully approved
by the Central Bank of Nigeria (CBN) in line with its initiative to promote
cashless economy.
Speaking in Abuja at the end of Committee of e-Banking Heads
(CeBIH) meeting, she told ITRealms, PayU is part of the leading and
trusted PayU group of companies owned by Naspers.
Noting that globally, PayU group of companies, provides
payment processing and related services to merchants and consumers, even as the
group’s strength lies in its local approach to payments, anchored on valuing
local language and culture.
Nwanguma pointed out that by establishing a local presence
in Nigeria, this further underscores the group's values.
"PayU" offers simple and secure online payment
services to merchants enabling them to accept payments of goods and services
using debit and credit cards from their customers and other alternative payment
methods as well,” she said.
The country manager further said PayU is a leading online
payment service provider in 16 global markets with the objective to provide
simple and secure online payment solutions to merchants and consumers.
“This objective is in response to the growing market and
regulatory needs to take cash payments online and digitise the economy, whilst
at the same time ensuring financial inclusion for all,” she said.
PayU, she said, commenced operations last year in Nigeria, with
the aim of looking at the needs of merchants in the country and developing
innovative payment solutions that will solve their problems and grow their
revenue in the online space.
“And for consumers, offer them a simple and secure means of
payments to merchants and businesses,” she declared.
The value proposition of the company, she said, is based on
technology which enables provision of superior product offerings and develops
innovative payment solutions.
“We offer various services and solutions to enable different
sizes of merchants and businesses to receive online payments with or without a
website and also provide automated collections of regular payments from their
customers,” she said.
Uboshe Uboshe/GEE
ITREALMS ... everything news digitally!
