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Card expo assesses payment systems in Africa

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The 13th edition of the annual international conference and exhibition on Cards and e-Payment systems will be focusing on the optimisation of payment systems in Nigeria and other African countries.

Intermarc Consulting Limited, the organisers of the forum, said the move was informed by the fact that cards and e-Payment have now taken centre stage in the economies of most African countries.

“Banks and other financial institutions are consistently looking for solutions and Value Added Services for the benefits of the market, which is also maturing and coming to terms with the reality of modernisation with the benefit of security, speed and convenience,” it said.

With the theme, ‘Shared Services: Optimizing Payment Systems in Africa’ Intermarc said the objective of this edition is to create the much reduced awareness for the Central Bank of Nigeria Cashless Policy especially as it relates to the creation of a central switch and the prohibited gentiles for mobile money and agent banking in Nigeria.

It said, “We will also have sessions on how successful shared services implementations across the world can share their learning points with Africa,”

“In order to maximise the potential benefits of e-Payment, the concept of shared services has been adopted in most implementations in the United Kingdom, Asia and Europe. We also see similar trends in South Africa. This concept is becoming more popular in the rest of Africa. The question however is: how do stakeholders cooperate to compete?”

Slated for June 11 to 13, the event will bring together personalities like the Deputy Governor of Central Bank, The Managing Director of NIBSS, Managing Directors of Banks as well as  other and leading e-Payment service providers from Nigeria and overseas.

The conference will feature six technical forums each focusing on specific payment systems.

Over 50 exhibitors from countries like Portugal, China, Egypt, France, UK, Dubai, Morocco, among others, will exhibit the latest technologies in electronic payment.

Intermarc added, “Members of the public who are interested in having a better understanding of the cashless technologies cannot afford to miss this as admission to the exhibition and general assembly is free. Some of the companies are SIBS International, Master Card Worldwide, JCB, Samsung, Airtel, HPS, among others. The major Nigerian banks like Diamond, Zenith, Skye, Access, among others, will also be there along with CBN.


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