Ghana’s
premier electronic payment firm, Clydestone, says it has an alterantive payment
brands for the Nigerian market as the nation adapt electronic mobile channels.
Business
Development Manager, Clydestone, Babafemi Sosanya, said that with office in
Lagos, the company has been enabling banks, merchants and customers to plug
into these alternative payment channels as such Paypal and Amazon Pay.
He also called attention to Clydestone’s suite of secure payment solutions, the
firm would, at an event, present its G-secure Authentication Platform, which
keeps the banks, customers and merchants secure, as the nation journeys into
the cashlite era.
“This event
is coming on the heels of the CBN’s cash-less policy and seeks to boost the
knowledge and enlightenment of the participants for a more effective and secure
transformation process,” he said.
Sosanya explained that Clydestone has taken this approach in order to address
the concern raised by the banks, merchants and customers on how to leverage the
growing payment systems of e-commerce and m-commerce channels without incurring
increasing levels of revenue loss related to fraud in the face of the CBN’s
cash-lite policy.
The event to be attended by the banks and other financial institutions would
include an interactive session on how the banks could use the 3D-Secure payer
authentication, how alternative payment brands such as PayPal, Google Check Out
and Amazon could use this platform to their competitive advantage and grow
their transaction volumes among others.
He emphasized that Clydestone develops cutting edge and innovative solutions
for its clients in Ghana, and have implemented payments systems for financial institutions.
Stressing
that the firm would participate in Nigeria’s transformation phase from its
heavy dependence on cash to cash-lite one and is coming with an extensive
experience in implementing solutions for some of the largest companies in
Ghana.
According to him, the company has scheduled to present its ‘G-Secure Authentication
Platform’ to banks and financial institutions on Wednesday, April 25, 2012.
Sosanya said banks and financial institutions are expected to attend and explore 3D-Secure payer authentication for the banks, their customers as well as explore the advantages that alternative payment brands can offer their merchant customers.
Remmy Nweke
ITREALMS Online ... delivering news for ICT4D
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