Nigerians can now experience a more safe and secure digital transaction as Accelerex, a prominent Fintech solution provider in Nigeria, introduced an innovative payment solution called ‘Pay with Fingerprint’. This groundbreaking Technology is now available on Point of Sale (PoS) terminals in Nigeria. With this solution, customers can securely and easily make payments at stores by using their fingerprints on biometric PoS devices. Utilizing cutting-edge biometric technology, the company announced that Pay with Fingerprint provides a smooth payment process with increased Security measures for both customers and businesses.
By addressing issues like card Fraud and the burden of carrying around physical cards, this solution is clearing the path for a smoother and safer payment system. Its improved security measures guarantee that only the rightful account holder can approve transactions, greatly diminishing the chances of fraud. Chuks Anakudo, the Managing Director of Accelerex Nigeria, expressed excitement about the potential of Payments with Fingerprint scans, explaining that it will enhance security for businesses and customers while also streamlining transaction processes.
Customers can easily make payments with a fingerprint.
Anakudo stated that the introduction of Pay with Fingerprint showcases the company’s dedication to transforming Nigeria’s payment system with safe and customer-focused solutions, offering a variety of options to consumers. In a statement, the company highlights the convenience of this payment method, emphasizing how customers can easily and swiftly make payments by using their fingerprint on the biometric PoS device. By simplifying the process, transactions are faster and customers no longer have to worry about using their bank cards, leading to improved efficiency and convenience in everyday purchases.
The innovative Pay with Fingerprint technology is poised to revolutionize payment methods in Nigeria. Accelerex has taken the lead in developing and tailoring this technology and has also become the first to secure a certification for biometric PoS devices from the Nigeria Inter-Bank Settlement System (NIBSS). This forward-thinking solution solidifies Accelerex’s leadership in the Nigerian fintech industry. Accelerex offers a diverse range of payment products and prioritizes customer happiness. Its focus on providing businesses with the necessary tools and resources has positioned us as a key player in the industry.
Businesses can benefit from its range of value-added services.
With a strong foothold in the fintech industry, Accelerex is now the top choice for physical payment solutions for merchant acquiring banks in Nigeria. With a network of more than 150,000 merchants and agents spread across Africa, the company has been consistently recognized as a leading provider of payment services in Nigeria, based on the volume of transactions processed, since 2018. Businesses can benefit from its range of value-added services such as retail, inventory, and distribution management. These services aim to improve risk management, production demand, sales forecasting, and distribution planning for businesses.
Global Accelerex is recognized by the Central Bank of Nigeria for its expertise as a Payment Terminal Service Provider (PTSP) and Payment Solution Service Provider (PSSP). The company’s custom application development skills have enabled it to deliver top-notch E-Payment solutions that are tailored for Nigeria and the West African sub-region. With a dedicated team focused on Innovation and technology, it continuously strives to offer exceptional service to our wide range of clients, ensuring that their business operations run smoothly. Accelerex also operates its subsidiary RexPay, an online payment gateway product.
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Merchants can easily incorporate RexPay’s payment service into their preferred Web or Mobile applications to seamlessly accept online payments from customers. This technology allows for instant deductions from cardholders’ accounts and prompt transfers to the merchants’ accounts. RexPay offers a variety of payment options including cards, bank accounts, transfers (Online Banking), USSD, and QR Code. It is compatible with major payment schemes and card brands in Nigeria like Verve, Mastercard, and VISA, making the payment process seamless for merchants and customers alike.