The Central Bank of Nigeria (CBN), Nigeria’s principal financial regulator, has approved Liberty Pay as a Payment Gateway Service Provider Super-Agent.
With the accomplishment of all of the CBN’s prerequisites, Liberty Pay’s AIP has advanced to the level of full commercial license CBN Payment Solution Super-Agent.
The license would let the corporation provide payment services like wallet creation and administration, USSD, agent recruitment and management, and any other operations that the CBN permits.
Liberty Pay is at the vanguard of Nigeria’s rising financial participation. It is a leading Nigeria digital payment and SME partner since it offers a diverse variety of financial services across tiny, micro, and a network of varied SME firms.
Mr. Otimeyin Igbene, Chairman of the Liberty Group, confirms that the business would provide direct access to all of its goods and services via a variety of channels.
The corporation considered a variety of elements, including disparities in communication skills, reading level, operating region, age, and financial ability of its consumers, among others. The Chairman confirmed that the company has begun working with the CBN to achieve the requirements for a fully operational commercial license.
Igbene said that the corporate entity would strengthen links between trade partners in the payment industry and drive digital payment innovation in a changing business environment.
Other Related News
CBN, NIBSS launched Nigeria’s national payment card, AfriGo, to compete with Visa and Master Card
Banks to pay 1M per day fine for refusal to circulate new naira notes -CBN
Metuh: CBN’s Cashless Policy Harmful to Poor Nigerians and Low-Income Traders
Liberty Pay’s portfolio offerings include Liberty Pay, a core payment solution that caters to the financial infrastructure of small and medium enterprises across the nation; other accessible payment channels include Web, Mobile, POS, ATM, USSD, and so on. The firm also offers a variety of goods and services aimed at various market categories and demographics.
“The CBN clearance represents an accomplishment of the three basic pillars of FINTECH, Competence, Character, and Commitment to Service,” Mr. Otimeyin Igbene said. Our primary goal is to provide seamless service and safe harbor to our customers in a transitional manner, making digital payments simple for them.
Without question, technology and trends are changing at a rapid pace nowadays.
With the use of the finest worldwide industry technological practice, our customers are guaranteed the consistency, dependability, and security of their transactions.” “We are making digital payment service delivery accessible to everyone and everybody, regardless of their degree of exposure, technical ability, and so on,” he continued.
The digital payment firm is client-focused, with an epic innovation team that is always composing, decomposing, and recomposing its product management approach for greater customer excellence delivery.
The organization thrives on providing creative and exciting items to the market.
Top management strives to solve innovative problems, communicate effectively and responsibly with a business team, and lead a cohesive strategy toward serving the demands of consumers.
Market trends are fluid, which is why we are always improving our trading tools.
We continue to support our teams, telling them that if they want to be on top, they must be ready to move with the flow and welcome change with open arms. Developing leadership through encouraging team-driven problem-solving.”
Liberty Pay is dedicated to its vision of better services and the objective of greater accessibility in the digital payment business. This is particularly true given the booming Nigerian consumer market, cross-border commerce, and other factors that led to Liberty Pay receiving CBN Approval in Principle.
Liberty Pay is very concerned about the well-being of its clients and is eager to empathize with them.
The company’s priority is to use the FINTECH platform to produce consumer value and improve people’s professional and personal life.
Recommended: Why these 10 Loan apps are the Best in Nigeria
Making them think quicker, richer, healthier, more connected, longer, more productive, and more environmentally friendly.
“To develop a successful company, you must first build a successful attitude.” This is why Liberty Pay offers four approaches to pioneering customer excellence: Expand Access, Increase Diversity, Be the Strategic Advantage, and Improve More Deal Flow for Clients.
Recommended: The Best Virtual Dollar Cards that works perfectly in Nigeria
Liberty Pay has emerged as a global co-creator of FINTECH innovation. The year 2023 is a year of growth under this AIP. As we collaborate with the CBN, the company will release a comprehensive pack of FINTECH innovations that will broaden our customer base and assist the regulator in achieving greater financial inclusion in the nation.” Mr. Igbene said.