FINTEC tackles financial exclusion: Xpress Payments injects N6n into economy - Vanguard News

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FINTEC tackles financial exclusion: Xpress Payments injects N6n into economy vanguardngr.com vanguardnews

In a world characterized by technological evolutions across all spheres of human lives, social, economic, political, business, among others, it is not surprising that the pervasive technological evolutions have crept their way into the financial technology space in Nigeria.The use of technology to deliver financial services and products to consumers has always been a defining factor in the evolution of finance.

Beyond these, the company is making achievements among which is the resounding achievement in Delta State. In the same vein, the company provides cutting-edge solutions in Ogun and Oyo states. In the former, it did so with the deployment of Revenue Monitoring and Collection Platforms for Internally Generated Revenue and state-owned Tertiary Institutions using various channels. In Oyo, it employed a Collection Platform, provision of POS and a Fund Disbursement Platform.

“At the inception, few things were at the very core of our objectives: The solutions we brought to bear, which are quite essential in the consumer domain”, Owolabi said. “Also, a detailed study of the challenges facing the customers has been at the forefront of our concerns. The outcome of this study has prompted the establishment of Reconciliation and Settlement Platform, which has birthed a formidable team of human and technological resources, geared towards making reconciliation and settlement relatively easy for our customers.

 

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