Interswitch Group has launched Quickteller Business to facilitate payments and manage transactions from anywhere in the world.
The new service is a comprehensive corporate solution focused on empowering businesses of all sizes through a simple integrated platform.
Quickteller Business will broaden payment management capabilities to businesses and merchants of all sizes. It will also allow them to access a wide range of integrated payment offerings, ranging from disbursements to value financing.
The product targets large corporates, MSMEs and consumers as it leverages over five million consumers already using Quickteller for a variety of retail payments in countries such as Nigeria, Kenya, and Gambia.
The launch of Quickteller Business further expands the reach of Interswitch’s popular ecommerce solution to a broader audience of business users, helping to facilitate growth in the burgeoning SME sector across Africa.
Akeem Lawal, Divisional Chief Executive Officer, Payments Processing at Interswitch Group, said that the SME sector is a potential game-changer for economic growth and development in Africa.
“The evolution of our payment and ecommerce offerings into Quickteller Business, represents a significant long-term shift in both our business and merchant operating model. Through the integrated platform, SMEs, financial services agents, and large corporates can better navigate the challenges around payments collections, allowing them to focus on their core business, with their diverse transaction needs taken care of through the versatility of the new Quickteller Business offering”
Lawal adds that the platform offers a comprehensive, integrated, payment solution that allows businesses to receive and track payments, generate e-invoices, as well as dispute management.
“It is an innovative and exciting payment solution that will benefit all business owners. Through this new offering, we are continuing our mission to make payments a seamless part of our everyday lives.”