I have had the misfortune of having to explain to a few of my friends over the last few weeks that selling cards (or urging customers to part with their cash using plastics) are not the same as accepting payments on websites.
Nigeria is going through a financial transformation where the CBN itself is at the forefront of electronic payment. That really sucks. I mean, CBN? What about all the fancy banks who blow their hollow trumpets about being the first in this or that.
Back to my rants.
The big question is if I were to have a website today, how do I get my customers, or visitors, or maybe church members to pay for something online? Those were actually the questions my friends wanted answers for. Nobody really asked me to go into a sugar-fueled ranting about nothingness.
So in my next post, we would walk that journey together hoping to find where it leads us. ,
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Author: Adedeji Olowe
Adédèjì is the founder of Lendsqr, the loan infrastructure fintech powering lenders at scale. Before this, he led Trium Limited, the corporate VC of the Coronation Group, which invested in Woven Finance, Sparkle Bank, Clane, and L1ght, amongst others.
He has almost two decades of banking experience, including stints as the Divisional Head of Electronic Banking at Fidelity Bank Plc. He drove the turnaround of the bank’s digital business. He was previously responsible for United Bank for Africa Group’s payment card business across 19 countries.
Alongside other industry veterans, he founded Open Banking Nigeria, the nonprofit driving the development and adoption of a common API standard for the Nigerian financial industry.
Beyond open APIs, Adédèjì works deeply within the fintech ecosystem; he’s the board chairman at Paystack.
Adédèjì is a renowned fintech pundit and has been blogging on technology and payments at dejiolowe.com since 2001.
View all posts by Adedeji Olowe
Hi Deji
I love this site. The next post abt how to do electronic payments gonna be a great idea. We will talk more. Keep in touch dro