Interswitch reiterates its commitment to the digitization of the transport sector – Nairametrics
Interswitch, Africa’s leading integrated payments and digital commerce company, says it is committed to digitizing the processes involved in transporting people and goods in the country.
Business Development Director, Mass Transit Indeco at Interswitch, Nnenna Ajanwachukwu, made this known during a high-level discussion at the Lagos Transport Fest in Lagos on Monday.
Addressing the topic “The Role of Digitization in Nigeria’s Urban Mobility,” she noted that organizations are beginning to see the need to use technology to solve the multifaceted challenges associated with daily commuting, from booking to the actual movement of goods. people.
She highlighted the opportunities presented by the advent of the Covid-19 pandemic and the associated restrictions, in addition to the loss of income by pushing businesses and entrepreneurs to give birth to innovative solutions that ensure safe and convenient travel. . Having identified that the transportation industry is primarily cash-based, she said Interswitch has developed a solution to facilitate cashless payments and ensure that commuters can make reservations seamlessly.
Ajanwachukwu added that the solution, which will be launched to the public in a few months, will bring added value to rail, sea, air and road transport operators as well as private companies offering public transport and carpooling services.
“We built a solution to digitize the transportation system and connect with consumers through the Quickteller platform, making the transportation booking and payment process transparent,” she says.
She said, “What we’re doing with the platform is basically leveraging technology to enable processes. The platform is robust and inclusive, so that it meets the needs of government and private companies. “
According to her, transportation is in urgent need of digitization and many other technological solutions can be developed to improve electronic ticketing and payment, which will ensure that travel planning is done with limited physical contact.
Ajanwachukwu expressed optimism that in-depth discussions and collaborations with different stakeholders in the transport sector will lead to the development of robust customer-centric solutions.
Other speakers at the roundtable at Lagos Transport Fest highlighted the crucial role government plays in developing, regulating and facilitating innovations in the transport sector.
Interswitch is at the forefront of digital payments, driving the Nigerian government’s cashless policy and creating an efficient digital payment system that enables economic growth across Africa.
The local payment solutions provider has built a sustainable technological infrastructure over the years that is driving processes, growing industries, building ecosystems and shaping the future of digital payment in Africa.
The third edition of the Lagos Transport Fest attracted stakeholders from the transport sector who analyzed the sector, its policies and innovations, as well as the financing and infrastructure needs for its sustained growth.