Reputed indigenous electronic business solution provider, Upperlink Limited has conclude plans to launch the Upperlink Paygate to facilitate payments in Nigeria, reports ITREALMS.
Close sources at Upperlink informed ITREALMS that the partnership as a Payment Facilitator, offers expansion into the international market options for local merchants.
Upperlink Paygate, ITREALMS gathered will bridge the gap in the commercial sector on collections for merchants in both local and foreign currency.
Managing Director of Upperlink, Mr Segun Akano was also quoted in a press statement available to ITREALMS as pledging his company commitment to scale up Africa-based businesses.
“It will meet the needs of businesses across Africa, as these businesses can now connect with a wider range of potential customers across the globe,” he said.
Akano also said this edge is what made Upperlink Paygate platform “an invaluable tool for merchants in Sub-Saharan Africa, as it provides them with a better way of doing business and in the process improves the foreign exchange earnings of the country,” he explained further.
He explained that the latest collaboration affords Upperlink to leverage the benefits leading to the deployment of Upperlink Paygate, which integrates with a global platform that supports payment methods across different channels.
“Upperlink PayGate is robust and has the capabilities to process payment across all card schemes," he said.
Akano noted that lack of accessibility to services such as this has resulted in the inability of merchants to expand their businesses into the international market and deprived them the medium to receive inflow from foreign customers.
ITREALMS gathered that with this latest partnership, Upperlink will provide the infrastructure, competence, and support necessary for businesses, sub-merchants, and aggregators to begin accepting card payments.
By taking advantage of partnership, he said, Upperlink Paygate offers a platform for businesses across sub-Saharan Africa to receive payments from clients all over the world in both local and foreign currency.
According to him, with its simplified and secure services, Upperlink Paygate provides self-onboarding services, fast settlements, and competitive transaction rates” and the flexibility to accommodate the needs of individuals, SMEs and large corporations among others.
Chuks Egbune/Editor
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