PayTech

Retailers task to adopt innovative payment solutions to simplify business Operations

Executive Director, Operations and Technology, Nigeria Inter-Bank Settlement Systems (NIBBS) Plc

To improve their business operations for simplicity and efficiency for quality service delivery that will aid profit, retailers in Nigeria have been urged to adopt innovative payment solutions in their operations.

This was the experts position that spoke at the just concluded 3rd quarter 2018 edition of PoS Innovation Summit held in Lagos.

Themed, “Expanding Retail Merchants’ Possibilities”, the event was focused on highlighting the various opportunities available to retail merchants for payment processing in light of the ingenious solutions being rolled-out almost on daily basis.

Keynote speaker at the event and Executive Director, Operations and Technology, Nigeria Inter-Bank Settlement Systems (NIBBS) Plc, Christabel Onyejekwe revealed that growth trend for immediate value services exhibited a sharp growth trajectory from 2012 to 2017, indicating a clear market preference for services that offer immediate value to the beneficiary.

The CEO of TeamApt, Tosin Eniolorunda also disclosed that opportunities to advance the retail business sector abound as customer information systems, loyalty systems and embracement of merging payment channels like fingerprint and voice.