Nigeria’s payment system has received a boost as the Central Bank of Nigeria, (CBN) has approved 3GEE Pay Limited as a new Payment Terminal Service Provider (PTSP).
By the appointment, 3GEE PAY is to pioneer the provision of biometric POS system for the Nigeria’s financial market.
The biometric POS is driven by 3GEE Pay Ltd in collaboration with SZZT- a renowned manufacturer of wireless POS terminal in providing advance secured banking transactions platform in Nigeria, in strategic partnership with Appzone, a foremost global banking platform provider.
In a statement issued by Somkwe John-Nwosu, chief executive officer, 3GEEPAY, said the Company is also in partnership with Appzone, an indigenous and foremost financial service software solution provider in trying to provide unique applications for POS and merchants that will be of immense benefit.
The device has dual functions of POS and bar-code computation for pre-coded items, eliminating the need for business owners to use two different devices for computation and payments.
The biometric device will soon be available in Nigerian financial market for banks, other financial institutions and business owners especially supermarkets and shops.