View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
  2. Company news
January 11, 2017updated 04 Apr 2017 3:56pm

Ingenico partners with Interswitch Nigeria for payment solutions

Payment solutions provider Ingenico Group has entered into an agreement with payment processing firm Interswitch Nigeria to provide multichannel payment solutions to the Nigerian market.

By Verdict Staff

Payment solutions provider Ingenico Group has entered into an agreement with payment processing firm Interswitch Nigeria to deliver multichannel payment solutions to the Nigerian market.

Ingenico said that the integration of its technology with Interswitch’s switching and processing system will allow end-users to benefit from the next generation of payment technology.

Ingenico Group managing director for Africa Rachid Oulad Akdim said: “We are pleased to form this strategic partnership with Interswitch Group. By combining Ingenico Group’s expertise in payment solutions with Interswitch Group’s vision of the local customers’ needs, we are defining exciting new opportunities for electronic transactions in Nigeria.”

Interswitch group managing director and CEO Mitchell Elegbe said: "As Nigeria enters a new era of payment, Ingenico Group and Interswitch are joining forces to better address the market challenges and eliminate the need for cash.

“We formed this partnership with Ingenico Group as they are a global leader in payments with great track record and a strong knowledge of our market characteristics and constraints. This agreement is a key milestone in our common strategy to better serve the Nigerian people.”

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU