Unified Payments, a prominent financial technology service provider in Nigeria, has introduced a groundbreaking e-commerce gateway service in partnership with Compass Plus Technologies, a payment gateway platform.
This strategic alliance marks a significant milestone and further strengthens the 18-year collaboration between these two tech companies, propelling Unified Payments to new heights.
Unified Payments proudly announced that this milestone makes them the first institution in Nigeria to attain the highly coveted 3DS2.2 certification, underscoring their unwavering commitment to delivering secure and seamless payment solutions. This accomplishment sets the stage for a revolutionary shift in payment methods, offering clients a spectrum of innovative, convenient, and secure options that include pay-with-phone-number, phone-number-on-file, and pay-by-link.
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Leveraging Cutting-Edge Technology for Market Dominance
The company’s mission is clear: to become Africa’s dominant and world-class e-payment service provider by harnessing the most advanced technologies available. In their pursuit of maintaining a leadership position in the market, this fintech giant recognized the need to migrate their existing payment gateway to a solution that would facilitate the swift achievement of 3DS2.2 certification. It also aimed to provide enhanced payment experiences through secure omnichannel payment platforms that allow for rapid adaptation to changing consumer preferences.
Enhanced Payment Experiences with Cutting-Edge Technology
Agada Apochi, the Managing Director of Unified Payments, expressed his enthusiasm for the successful migration of their payment gateway to the latest technologies in collaboration with Compass Plus. He highlighted that this achievement makes Unified Payments the first institution in Nigeria to enable specific payment options, such as pay-with-phone number, on the 3DS2.2 compliant standard. This achievement is poised to deliver the smoothest and most secure payment experiences possible to their clients.
Unified Payments’ pursuit of becoming Africa’s dominant e-payment service provider demonstrates their commitment to shaping the future of payments in the region. By leveraging cutting-edge technology and securing the sought-after 3DS2.2 certification, they are poised to revolutionize payment methods and meet the evolving preferences of consumers. This collaboration with Compass Plus is not only a significant achievement but also a strategic move that positions Unified Payments as a key player in the rapidly evolving fintech landscape in Nigeria.
Implications for Nigeria’s Fintech Industry
The partnership between Unified Payments and Compass Plus signifies a substantial step forward for the Nigerian fintech industry. As the country’s first institution to achieve 3DS2.2 certification, Unified Payments is leading the way in providing secure and innovative payment solutions. This achievement will likely set a new standard for payment security and convenience in the Nigerian market, encouraging other players in the industry to adopt advanced technologies and certifications. Unified Payments’ mission to become a world-class e-payment service provider aligns with the broader goal of positioning Nigeria as a hub for fintech innovation and excellence in Africa.
Unified Payments’ collaboration with Compass Plus to launch their e-commerce gateway service represents a pioneering achievement in Nigeria’s fintech industry. By achieving the 3DS2.2 certification and leveraging advanced technologies, Unified Payments is poised to revolutionize payment methods and deliver enhanced payment experiences to its clients. This milestone underscores their commitment to becoming Africa’s dominant e-payment service provider and sets a new standard for payment security and convenience in Nigeria.
About Unified Payment Services Limited
Unified Payment Services Limited is a dynamic group of companies at the forefront of Nigeria’s financial technology sector. With a comprehensive range of services, including Financial Technology, Banking, Payment Schemes, Digital Commerce, Value Added Services, Payment Solutions, and Software Solutions, Unified Payment Services Limited is revolutionizing the financial landscape in Nigeria. Let’s delve into the key components that make up this influential group.
The fintech company operates through a conglomerate of companies, collectively known as the UP® Group, a conglomerate that is driving force in Nigeria’s financial technology ecosystem.
