X-Pay is a value-added service that accepts VISA, MasterCard Verve and UnionPay credit and debit cards.
The Nigerian Stock Exchange has launched X-Pay, an e-payment platform that will enable users to pay for products, services, events and training offered by the bourse.
The e-payment platform was launched on Friday, August 3, 2018.
Bola Adeeko, Head, Shared Services Division, NSE, said, “We are thrilled to launch X-Pay, a solution that builds on our customer-centric focus and our efforts to transform the Nigerian capital market into a more efficient model. X-Pay reinstates our commitment to move towards cashless transactions and build a sustainable cashless ecosystem while satisfying users’ preferences for self-serve bill payment options that are convenient and secure”.
Adeeko said NSE is leveraging the power of innovation and digital technology to improve its efficiency and reduce the cost of transactions.
ALSO READ: Nigerian Stock Exchange suspends Mike Adenuga’s Conoil Plc from trading on the stock market
“With X-Pay, our stakeholders will now enjoy easy access to a wider catalogue of our products and services, be able to select and purchase from anywhere, at any time. Not only will X-Pay be convenient, it will also provide a huge opportunity for NSE to maximize its capacity and realise increased efficiency through automated processes and better data integration,” he added.
X-Pay features
X-Pay is a value-added service that accepts VISA, MasterCard Verve and UnionPay credit and debit cards.
The platform aims to deliver a faster and safer payment method which is protected by best in class IT and card security features, in line with global best practices.
In 2017, NSE also launched a data centre as part of its tradition of pioneering far-reaching innovations within the Nigerian capital market.
Also from Business Insider Sub-Sahara Africa:
-
6 Nigerians who hold leadership positions at top international organisations
-
Nigerians are signing a petition against the high cost of internet subscription
-
Here is the list of 60 houses reportedly traced to Nigeria’s Deputy Senate President
-
Twitter has started clamping down on fake followers, here's what you will notice
-
You will be surprised at the 19 people Nigeria's Buhari follows on Twitter
-
Here's why Nigeria is not in a hurry to sign the continental free trade agreement
-
These 6 banks invested N155.45 billion into the sinking fund in 3 years
-
Nigeria approves framework that will see a new price for data