The CWG Plc has strengthened its partnership with Vericash, supplier of a software program platform, to drive an ecosystem of collaborative cellular monetary companies to spice up Nigeria’s monetary inclusion quest.
Talking at a workshop organised by each firms for banks in Nigeria, CWG’s Enterprise Growth Supervisor, Tereigh Ozakpo, defined that the Vericash cellular banking answer, which has been within the Nigerian market within the final six years, is an omni channel plus digital answer, which permits banks to function all their digital channels on one platform.
He stated in contrast to different platforms, the place the banks have to start out improvement from the scratch, which normally takes a number of weeks, the Vericash cellular banking platform is agile as the combination format which is already developed, permitting a buyer to only customise.
“One of many largest benefits of getting Vericash cellular banking platform as your digital banking companion is that it has the power to combination all of your digital channels collectively. It’s a platform that helps a financial institution to drive and synchronise all of its digital companies in a single platform, thereby growing the extent of management and guaranteeing battle decision is quicker,” he stated.
Tereigh added that the Vericash cellular banking platform was designed in such a means that there may be synergy between two banks signing on the platform. He disclosed that this occurs as a result of Vericash has the Vericash community, which could be very sturdy and permits numerous clients on the platform to collaborate seamlessly and sooner because it permits them to entry a big buyer base past their ecosystem.
Senior Product Supervisor at Vericash, Mohammad Jafar, stated the Vericash cellular banking answer remained one unified platform for all banking merchandise because it manages and enriches all digital channels, empowers buyer acquisition at low value, brings Worth Added Service (VAS/ Way of life) companies to digital banking, customise and management service providing, promotes SME Banking and screens efficiency.
Whereas making a presentation to varied banks within the weeklong workshop, Jafar famous that Nigeria is taken into account Africa’s largest market and one of many rising markets on this planet with many first-class banks working within the nation. Thus, Vericash thought it smart to convey its digital banking answer to assist them handle the challenges within the digital banking ecosystem.
Requested why Nigerians ought to patronize the Vericash cellular banking platform over and above different options in its class, Jafar defined that the Vericash platform would set up an ecosystem of the long run because it orchestrates a adequate market for its shoppers, third-party service suppliers and clients for leveraging and consuming completely different cellular monetary companies seamlessly.
“The Vericash cellular banking platform helps construct an area and worldwide open-loop collaborative ecosystem and construct a community impact that will increase our buyer revenue margin exponentially,” he assured.