Breaking News
Translate

PoS innovation summit to expose stakeholders to boundless opportunities

Kindly Share This Story:

Senate re-Introduces South West Development Commission BillBy Juliet Umeh

To provide stakeholders in the Nigerian payment system with information on how to maximise the boundless opportunities it presents, E-payment Company, Global Accelerex, is set to host its 7th edition of PoS Innovation Summit Wednesday, in Lagos.

Pay 13% derivation directly to oil bearing communities, Delta Ijaw people tell Buhari(Opens in a new browser tab)

The summit has the theme: ‘The African Continental Free Trade Agreement: Driving Borderless Trade through Fintech.’

According the company, the event seeks to highlight how AfCFTA can change the future of digital payments across Africa and provide stakeholders in the Nigerian payment system with information on how to maximise the boundless opportunities it presents.

Managing Director of the company, Tunde Ogungbade, said that the summit couldn’t have come at a more opportune time as AfCFTA is expected to boost intra-African trade significantly, making Africa a single market of 1.2 billion people and a cumulative GDP of over $3 trillion.

Ogungbade said: “AfCFTA provides a framework for trade liberalisation in goods and services. With this liberalisation comes an overarching need for trade settlements across different African countries, making payment an integral part of the process.

“It therefore behoves digital payment companies to design innovative payment platforms and solutions that will facilitate these trade activities. Global Accelerex is already taking the lead in this regard and some of our innovative products will be hitting the market soon.”

Experts to x-ray Nigeria’s economic, equity outlook at invest 2020 summit(Opens in a new browser tab)

Honourable Minister of Industry, Trade and Investment, Chief Niyi Adebayo, will be featured as a special guest of honour while acclaimed speakers and guest panelists have also been lined up for the summit.

Vanguard 

Kindly Share This Story:
All rights reserved. This material and any other digital content on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from VANGUARD NEWS.

Disclaimer

Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.
Do NOT follow this link or you will be banned from the site!