SystemSpecs, a leading software provider recently organized a one-day workshop for bankers to review the progress of e-Payment in Nigeria.

70 bankers from 20 commercial banks in the country converged to brainstorm on the optimization of the industry-leading Remita e-Payment platform.

The workshop presented bankers the opportunity to share their experiences and come up with technical and business strategies on how their current e-Payment operations can be optimized for the increased satisfaction of their public and private sectors’ customers.

John Obaro, managing director, SystemSpecs in his opening remark said “as key stakeholders in Nigeria’s e-Payment ecosystem, we expect this forum to help you generate fresh ideas on how best to position your bank to gain competitive advantage through the optimization of the Remita e-Payment platform”.

Commenting on the workshop, Dr. Hakeem Bakare, Group Head, Financial Solutions, SystemSpecs said, “This event has once again demonstrated stakeholders’ commitment to the success of President Yar’Adua directives on e-Payment and to position Nigeria as a leading light in Africa in the application of e-Payment in financial transactions”.

Dr. Akin Oduntan, head, Remita Business Development Group enumerated the functions of a true e-payment solution to include, ability to view consolidated bank balances on a single computer screen, process all payments electronically from end-to-end, conduct multi-bank activity from a payment platform, and replicate existing payments approval, workflow and authorization limits.

He said “a true e-Payment solution should enable making payments to micro-finance banks, institute amount-based security, send detailed credit advices via SMS and e-mail, view reports and audit trail, deliver schedules to relevant parties, and most importantly should be easy to use by any customer”.

Bankers at the forum resolved to work together to consolidate on gains made and seek ways of continuously improving MDAs and corporate e-Payment services in Nigeria.

It would be recalled that in January this year SystemSpecs organized a similar forum for banks in Lagos and in Abuja

SystemSpecs is the manufacturer of Remita; a corporate e-payment solution that rides on secured e-payment platforms to deliver funds to bank accounts and associated schedules to relevant organizations at the click of a button.