The Nigerian Stock exchange launches X-Pay, its own e-payment platform

X-Pay is a value-added service that accepts VISA, MasterCard Verve and UnionPay credit and debit cards.

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.

“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

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:

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

BBNaija: Beauty disqualified from reality TV show

BBNaija: Beauty disqualified from reality TV show

Mercy Chinwo: The portrait of a modest bride

Mercy Chinwo: The portrait of a modest bride

BBNaija 7: Biggie might be swapping housemates today, here's why

BBNaija 7: Biggie might be swapping housemates today, here's why

When and where to watch Nigeria's Falconets final group game against Canada

When and where to watch Nigeria's Falconets final group game against Canada

BBNaija 7: My body is a temple, it was just aggressive kissing - Khalid on s*x in the house

BBNaija 7: My body is a temple, it was just aggressive kissing - Khalid on s*x in the house

Super Falcons star Asisat Oshoala finally gets her flowers outside of Africa

Super Falcons star Asisat Oshoala finally gets her flowers outside of Africa

'I didn't mean to disrespect you' – Kizz Daniel apologises to Tanzanian fans, offers free show

'I didn't mean to disrespect you' – Kizz Daniel apologises to Tanzanian fans, offers free show

4 foods that make your butt bigger naturally

4 foods that make your butt bigger naturally

Jules Kounde: Sevilla break silence on why Chelsea lost to Barcelona

Jules Kounde: Sevilla break silence on why Chelsea lost to Barcelona