Interswitch has announced a pivotal collaboration with OPay
through its Interswitch Payment Gateway (IPG) to enable users to seamlessly
make direct payments for goods and services on merchants' websites from their
OPay Wallet balance.
In a statement, Interswitch noted that the
strategic alliance aims to redefine the digital payment experience, providing
users with a secure and frictionless payment solution. The incorporation of
OPay into the suite of checkout payment options on the Interswitch Payment
Gateway (IPG) adds a new layer of convenience for users, complementing the
existing array of payment methods such as Card, Quickteller, Transfer, QR, and
USSD.
Muyiwa Asagba, Managing Director of
Digital Commerce & Merchant Acquiring (Paymate) at Interswitch, emphasized
the significance of this partnership in advancing the growth of digital payments
in the country.
He stated, "At
Interswitch, our commitment is to cater to the evolving needs of consumers and
merchants, fostering a more inclusive and dynamic digital payment ecosystem.
Through our latest collaboration with OPay, we are excited to introduce a new
dimension of payment convenience to users and merchants. This partnership
reflects our dedication to introducing innovations that enhance the digital
payment experience, and we are eager to witness the positive impact it will
have on the entire payment ecosystem."
Elizabeth, Vice-President of App and
Cards at OPay, speaking on the partnership stated, "OPay is fully committed to making
financial services more inclusive and this partnership with Interswitch would
consolidate this mission. We are confident that Pay with Opay which is a 2-step
payment solution will bring about faster and secure transactions for customers.
It is a closed-looped solution that ensures a higher success rate with good
network uptime. More exciting is the level of adoption this product has
witnessed in the market; this will encourage us to continue to build better
solutions for offline and online payments.
Interswitch urges both customers and
merchants to embrace this transformative feature, capitalizing on the
convenience, security, and flexibility it brings. The company remains steadfast
in its determination to continuously innovate cutting-edge solutions, providing
customers with the latest and most secure payment options available.
Worthy of note is the fact that OPay
was recently recognized by Interswitch for its outstanding performance amongst
FinTechs in Nigeria at the TechConnect 3.0 event which took place in November.As the digital payment landscape
evolves, this alliance underscores Interswitch Group's strong commitment to
driving payment ecosystem collaboration and championing advancements that
reshape the way financial transactions are conducted. This reaffirms the
Group’s dedication to delivering leading-edge payment solutions that empower
users and merchants alike, setting new standards in the dynamic realm of
digital payments.