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Intercontinental, Skye Bank dominate Nigeria e-Payment Awards

By Babajide Komolafe
IIntercontinental Bank and Skye Bank won two awards each to dominate the maiden edition of Interswitch Nigerian e-Payment Awards. The awards presentation took place in Calabar, South-South, Nigeria, during the second annual Techno-Interactive Conference organized bythe company.

Mr. Mitchell Elegbe, the Managing Director/CEO of Interswitch said  that the awards are in recognition and celebration of financial and non-financial institutions that have distinguished themselves in the last twelve months in the areas of deployment and usage of e-payment to enhance service delivery to their customers.

He said that the jury used the monthly Interswitch’s Switch Reports (ISR) as criteria to determine the eventual winners. “The criteria of the awards is very open, scientific and most importantly, objective. Because members of the jury were tasked to analyzed the ISR in the last twelve months to determine the winners for each category. As such, the winners have mirrored their performances in the last twelve months.

The categories and winners as announced by Interswitch are: Best use of e-payment technology for Internally Generated Revenue won by Federal Inland Revenue Services (FIRS); Best use of e-payment technology for state won by Anambra State; Best use of e-payment technology for retail  won by Mama Cass Restaurant;

Best use of e-payment technology for automated salary service  won by Lagos state; Best use of e-payment technology for revenue collection won by Zain; Best use of e-payment technology for e-Commerce  won by Aero Contractor; Best e-Payment Bank of the year won by Intercontinental Bank; Best Bank in e-payment acquirer won by Zenith Bank; Best Bank in dispute resolution won by GTBank. Others are Best Bank in e-payment infrastructure availability won by UBA Group; Best e-Payment Bank won by Intercontinental Bank; Best  e-Payment risk team won by First Bank; Most efficiently run ATM won by Skye Bank and Most efficient bank in automated payment processing for Corporate and MDAs won by Skye Bank.

However, the highpoint of the awards ceremony was when Stratus Technologies, worldwide provider of continuous availability solutions announced that Interswitch has emerged as the company’s Best Partner of the Year in three continents, European Middle East & Africa (EMEA).

While announcing the awards, Mr. Dick Sharod, Stratus Africa’s Region Manager said: “When I was asked to nominate the best partners in the three continents, my nominations were Interswitch, Interswitch and Interswitch”. The company had successfully implemented Stratus ftServer solutions in 23 banks in Nigeria. This indicates that the banking industry in Nigeria is running a continuously available solution end-to-end, as such the Stratus ftServer has assisted the Nigerian economy which is acash only country to become the leading banking systems in the world.

Responding to the Awards, Elegbe dedicated the achievement to the management and staff of the company who have worked hard in the last seven years to take Interswitch to the enviable position it now occupies in the country. According to him, “It took only one presentation from the Stratus group before we decided to use the Stratus ftServers despite the presence of bigger brands in the market. I am happy that we have not regretted that decision as Stratus has continued to give us over 99 per cent availability in our data centre.”


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