Nigeria-based Unified Payment Services has launched a new electronic payment service, Payarena, to offer customers with access to value added services.
The new solution will offer access to services which include purchase of airtime for all Telcos in Nigeria; payment of bills to major service providers such as the PHCN, DSTV, GOTV, and Swift Networks among others.
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Additionally, the service will offer payment collections platform for public institutions for taxes, levies; corporate organisations and religious institutions for collection of tithes and offerings.
Unified Payment Services said that Payarena is also expected to offer funds transfer services as well as accept multiple card schemes such as Visa, MasterCard, and UnionPay.
However, the service has been designed to accommodate all other local and international card or payment options including contactless payment solution.
According to Unified Payment Services, the system will be accessible on multiple channels including web, over 40,000 point of sale (PoS) terminals and ATMs all over the country.
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By GlobalDataUnified Payments director of marketing and sales, Babatunde Okeniyi, said: "For the very first time, Visa, MasterCard and UnionPay cardholders can now enjoy Value added services on a single platform.
"With Payarena, holders of different card brands and various other payment options are now well taken care of with regards to value-added services that come with electronic payments even as his brings a further boost to the cashless economy policy driven by the CBN(CBN)."
