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The Adamawa state government has deployed Paydirect, a secure web-based Interswitch collections solution that enables corporates and government organisations receive payments made by their distributors, agents and customers into their accounts from all of the 24 banks in Nigeria.
The deal should help the north eastern state to improve payment collections and processing as well as strengthen government’s capacity for digital revenue collection.
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Paydirect will also help the state government will ensure transparency in revenue collection, and bills payment while checking revenue leakages.
Paydirect allows government agencies and corporate organisations to collect and monitor revenue across various channels such as banks, Point of Sales (PoS) terminals, Internet banking, and the Quickteller (web, mobile, ATM, and USSD) platform.
“This strategic collaboration aligns with our overarching goal of facilitating safe, secure, and seamless payment options for Nigerians through our digital payment platforms. The robust payment platform was designed to help the governments to achieve strong economic growth and foster sustainable development for Nigeria,” said Managing Director, Interswitch Industry Ecosystems, Ms Chinyere Don-Okhuofu.
Paydirect will also assist the state of over 4.3 million people have a centralized revenue collection point for all agencies with online real-time reporting and monitoring.
“Interswitch is committed to empowering the Adamawa government to collect Internally Generated Revenue efficiently and effectively. Our goal, among other things, is to help governments at all levels and agencies to achieve their revenue targets,” said Regional Head of Sales, North, Interswitch Group, Mr Thomas Ezeh.
The Interswitch solution is already driving revenue collection and management in Kaduna and Kano states as well as federal agencies that include Nigeria Customs Service (NCS), Federal Inland Revenue Service (FIRS), and Joint Admissions Matriculation Board (JAMB).
