PayTech

Xpress Payment Processes N140b Transactions in Three Years

Award-winning fin-tech start-up, Xpress Payment Solutions Limited, said it has processed transactions in excess of N140 billion through its collections platform known as e-cashier.

The Managing Director/Chief Executive Officer, Oluwadare Owolabi, said the transactions were initiated within the three years of the firm’s establishment.

According to him, e-cashier, a multi-account and multi-bank collections platform, is one of the innovative products of Xpress Payment.

He said it was designed to enable banks collect funds on behalf of clients for payments on multiple platforms.

Owolabi urged other organisations to embrace the product.

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He said: “Organisations and government agencies who give premium to efficiency and effectiveness should look to adopt e-cashier as a collection platform. It is a proven tool of convenience, capable of eliminating the tediousness and complications surrounding payment collections.”

Owolabi added that over 5,000 bank branches in Nigeria have integrated e-cashier to their system.