Xpress Payment Solutions Limited, a financial technology company, says it committed to the vision of enabling organisations and individuals perform seamless financial transactions.
Managing Director/CEO, Mr Oluwadare Owolabi, said the firm, which commenced operations in the technology space in 2016, was ready to establish a strong presence in the country’s financial technology ecosystem.
According to him, the unveiling of its operation presents an opportunity to bring together critical stakeholders in the sector in a bid to publicise and reposition the cluttered fintech space in Nigeria.
Highlighting challenges fintech operators face, he said poor Internet connectivity was affecting quality of services.
He added, “Although, the porosity of Internet networkers in Nigeria is hampering the quality of services being provided, beyond this, we are dealing with cultural conviction in different locales as customers will be naturally more trusting of people who are known to them than those who are not.”
He, therefore, called on government and other relevant agencies to give more freedom to local agents by empowering them with more products and services to enable more patronage.
Owolabi explained that the firm, in the last three years, had acquired over 11,426 clients nationwide with more than N411.4bn in the value of collection and funds disbursed and N1.3tn in the value of transaction via its switch and payment gateway
“The company has been successfully carrying out transactions and there is an urgent need to bring stakeholders and other critical agencies on board in a bid to publicise and reposition the company in the vast fintech space in Nigeria.”
While outlining some of the products and services to be launched in the first week of September as Xpress e-cashier, PayXpress, Xpress Payout among others, Owolabi reiterated the company’s commitment to customer satisfaction through its smart-living solutions.
He said Central Bank of Nigeria, commercial banks and industry stakeholders were expected to attend the event.