African payments leader Interswitch and global real-time payments software giant ACI Worldwide have strengthened their over 20-year partnership to champion digital payments across the African continent.
At a high-profile customer engagement event held at Lagos’ Eko Hotel and Suites recently, the two companies highlighted the instrumental roles they have played in shaping Africa’s payments ecosystem with cutting-edge payment solutions designed to revolutionize the continent’s financial landscape.
Boosting digital payments was a central theme, with discussions exploring innovative solutions and transformative strategies to propel business development and reshape the payment landscape. Industry experts shared insights on modern financial sector trends and strategies, emphasizing how technology can unlock new opportunities, expand operations, and drive business growth.
Speaking to Journalists before the customer engagement event, Mitchell Elegbe, Founder and Group Managing Director of Interswitch Group, highlighted the significant impact of the Interswitch-ACI partnership on Africa’s digital payments ecosystem.
“This long-standing collaboration has been vital in advancing Nigeria’s digital payment landscape. It has driven advancements in payment technology, streamlining processes, enhancing security, and fostering economic growth while promoting financial inclusion,” he said.
Elegbe further emphasized how the partnership, combining ACI’s global expertise with Interswitch’s deep local market understanding, has consistently delivered innovative solutions tailored to Nigerian businesses and consumers, transforming the nation’s financial landscape.
Also, Santhosh Rao, ACI Worldwide’s Vice President for the Middle East, Africa, and South Asia (MEASA) region speaks on ACI’s Vision for Africa’s Financial Future, elaborating on the company’s vision for the African financial services sector.
“As a global leader, ACI is dedicated to driving transformative change and propelling sustainable growth within Africa’s financial sector. We envision empowering institutions with cutting-edge technologies that enhance operational efficiency, deepen financial inclusion, and elevate customer experiences. Through strategic partnerships and innovative solutions, ACI aims to catalyze digital transformation and propel Africa’s financial landscape forward,” he assured.
On the other hand, Jonah Adams, Managing Director of Digital Infrastructure and Managed Services at Interswitch has stressed that collaboration is the key to unlocking Pan-African potential. He believes collaboration is essential in unlocking the full potential of the pan-African payments ecosystem, and ultimately, boosting commerce and economic development.
“Financial institutions must recognize the transformative power of collaboration and key partnerships in driving economic growth and boosting commerce across Africa. Co-creation and collaboration can unlock new opportunities and facilitate seamless cross-border transactions,” he said.
Building a Robust Financial Future
The event featured interactive sessions where participants could engage with professionals from both Interswitch and ACI. Attendees explored the functionalities and benefits of ACI’s payment solutions, gaining a comprehensive understanding of how these solutions could enhance their financial operations. Networking opportunities with industry leaders, peers, and potential business partners were also provided.
By hosting this customer engagement session, Interswitch and ACI Worldwide have demonstrated their unwavering commitment to redefining the payments landscape in Africa. This event fostered collaboration aimed at building a more robust, secure, and inclusive payments ecosystem that will empower Africa’s financial future.