Experts to discuss challenges hindering PoS adoption in Nigeria

Challenges confronting the deployment of Point of Sales (PoS) will be a major discussion at the third quarter edition of the PoS Innovation Summit, scheduled for September 19, in Lagos.

This edition, with the theme “Expanding Retail Merchants’ Possibilities” will also highlight the various opportunities available to retail merchants for payment processing in light of the various ingenious solutions being rolled-out almost on a daily basis.

In a statement by the organisers of the event, Global Accelerex Ltd, a Payment Terminal Service Provider and Payment Solution Service Provider, it was revealed that the Committee of e-Business Industry Heads (CeBIH) of all banks operating in the country, has thrown its weight behind this essential platform, as co-hosts.

The newly-elected CeBIH Chairman, Stanley Jacob, who expressed delight at the summit, said that “Global Accelerex has been spearheading the move to improve service delivery in the PoS business sector and CeBIH is thrilled to be in this collaboration that provides an avenue where criticaldiscussions are encouraged for the progress of our industry.”

Commenting on the theme of the Summit, Managing Director of Global Accelerex, Tunde Ogungbade, stated that the summit has proven to be an avenue for strategic deliberation that culminates into innovative e-payment products. He believes that “this edition will open a new phase of growth in the Nigerian e-payment sector with more comprehensive technology capabilities that will bring more value to merchants and improve the overall customer experience.”

Leading payment technology experts, Head, Business Development & Strategy, Primeauth, India, Masood Sheik, and CEO, TeamApt, Tosin Eniolorunda, have been confirmed as keynote speakers for this event. Also expected at the event are merchants, system aggregators and regulators.

The summit will enlighten merchants on the myriad of payment options available to them, how to optimally utilize these with their services and products, and highlight the important role they play in the ecosystem. The event will also provide a platform of interaction between merchants and service providers which promises to lead to better understanding of the needs and preferences of the merchants.