In an official statement issued on Thursday, the company announced the launch of its cutting-edge platform, which caters to the diverse needs of small businesses, large corporations, and a wide spectrum of industries.
The platform provides a comprehensive solution that includes various payment collection methods, efficient payout systems, card payment processing, and the ability to manage multiple branches.
This flexibility allows businesses to manage payments efficiently, reduce operational challenges, and improve customer experiences.
Monieswitch also provides developer-friendly APIs for smooth integration, allowing businesses to quickly embed the platform into their existing systems.
Discussing the platform's effectiveness in fostering business growth, Monieswitch's Chief Executive Officer, Femi Alabi, remarked, “We are thrilled to launch Monieswitch in the African market; our platform is built on a robust infrastructure, ensuring 99.99 percent uptime, advanced security, and the ability to scale alongside businesses. Monieswitch is tailored for both startups and large enterprises to meet the evolving payment requirements across various sectors.
“The company is dedicated to fostering innovation within the payment industry, and the introduction of our payment infrastructure represents a significant step in our mission to equip businesses with seamless, secure, and scalable solutions. This cutting-edge technology will facilitate growth and promote financial inclusion, enabling businesses to succeed in a global digital economy.”
He further noted that the payment platform supports scalability by managing increasing transaction volumes while prioritizing the security of financial data and transactions.