By Juliet Umeh

To revolutionize the digital payment experience for merchants, fintechs, and customers across Nigeria, payment service bank, 9 Payment Service Bank, 9PSB, has launched its innovative Bank9ja Merchant Collect product.

This new offering is set to transform how businesses operate and how Nigerians transact, ushering in a new era of seamless digital payments.

The platform is designed to transform the financial ecosystem, redefine the digital payment experience for merchants, financial technology, fintechs, and customers across the country.

Ag. Chief Executive Officer, 9PSB, Osa Odiase, said businesses often face prevailing issues, including high transaction charges, delayed settlements, failed transactions, and frequent chargeback disputes, all of which hinder smooth business operations, customer satisfaction, and successful payments tracking.

He said: “The Bank9ja Merchant Collect directly addresses these pain points by offering low transaction charges, instant settlement of funds, and a zero-chargeback guarantee ensuring merchants can focus on growing their businesses without worrying about payment delays or reversals.

“The product offers instant settlement for those with 9PSB accounts, self-onboarding, bank-agnostic settlement which enables merchants to add any bank account for settlement, and lower transaction fees that provides merchants with a seamless and cost-effective payment solution.

‘The integration of Bank9ja Merchant Collect on merchants and fintechs platforms enables users to seamlessly make direct payments for goods and services.’ 

Odiase stated: “We are excited to launch the Bank9ja Merchant Collect product designed to meet the unique needs of merchants, fintechs, and customers. 9PSB continues to develop seamless world-class products that facilitate and accelerate the growth of businesses”

He further said that the product is a testament to 9PSB’s commitment to empowering businesses with advanced solutions to drive growth, streamline payments, and drive financial inclusion across Nigeria.

He urged fintechs, merchants, and customers to embrace this innovative product and leverage the convenience, security, and flexibility it offers. 

9PSB is committed to providing customers with platforms and products that allow them to leverage digital payment to unlock endless opportunities enhance business development and boost customer experience.