We offer products and services powered by robust and scalable APIs for Fintechs -9PSB

9 Payment Service Bank (9PSB), Nigeria’s foremost digital
payment service bank focused on financial inclusion, participated at the recently held 2nd
Nigeria Fintech Forum alongside other industry experts and stakeholders in Nigerian financial
ecosystem. The forum, which is at its second edition, had as its theme: Reimagining the Future
of Financial Inclusion in Nigeria: Examining the Roles of Banks, Telcos and Fintech.
The Ag. Head of Business Development and Strategy, 9PSB, Mr. Akeem Salam, while delivering
the keynote address on behalf of the Managing Director/ CEO of 9PSB, Branka Mracajac, noted
that as an enabler, 9PSB provides products and services via robust and scalable APIs for
Fintechs to innovate and scale up in a cost-effective manner.
Highlighting the fintech payment solutions offerings of the bank, Akeem said: “9PSB is a fully
digital bank and as such, we leverage digital platforms to provide payment solutions like the
Wallet-as-a-Service (WaaS) and Virtual Account which allows for payments with bank transfer
for merchant collections, as well as our Payout with 9PSB service, to mention a few.”
Speaking on the bank’s contribution to the Nigerian fintech ecosystem, Akeem who also
doubles as the Head of Products and Innovation at 9PSB, stated that: “At 9PSB, we co-create
new products and services with Fintechs to close product/feature gaps. Apart from driving
financial literacy amongst the unbanked and the underbanked, we share ideas and compare
notes to remain up-to-date with the payment and regulatory trends. We also collaborate with
other Fintechs to open new markets and further deepen financial inclusion, which is our
primary mandate.”
During the executive masterclass session, Head of Sales and Distribution, 9PSB, Kunle Isiaka,
spoke on the race towards the future of digital payments, He said, “At 9PSB, we leverage
different digital platforms that enable our clients achieve seamless digital payments easily for
themselves and their customers. Our Agent network – Agent Bank9ja – is resilient and equipped
with the right tools, technical know-how and capability to achieve and deliver efficient products
and services, most especially to the unbanked and underbanked segments.” He called on the
participants to collaborate in providing seamless payment experiences for their customers at
affordable rates.
“We leverage Banking-as-a-Service (BaaS) and Wallet-as-a-Service (WaaS) to drive innovations
for financial inclusion. Some benefits of the Wallet-as-a-Service are that it supports all channels
and guarantees instant settlement and revenue assurance, in addition to providing a robust
reporting capability, regulatory compliance and webhook notification”, he added.

The Nigeria Fintech Forum is an annual event that provides a veritable platform for industry
players to converge to address critical issues in the African Fintech ecosystem while uncovering
countless opportunities in the fintech space.

9 Payment Service Bank (9PSB) is a registered Nigerian bank operating under the approval of CBN to
provide unique banking services to the underbanked, and unbanked, as well as innovative services to
individuals with bank accounts. 9PSB operates as a fully digital bank and runs its agency network. 9PSB is
a bank for everyone accessible by everyone and offers a seamless online and offline banking experience.
For more information visit: www.9psb.com.ng

Published on Brandfit.






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