WEMA Bank has re-launched its state-of-the-art suite of Micro, Small and Medium Enterprise (MSME) solutions to provide businesses and customers with a diverse range of seamless collection and payment platforms.
With physical and contactless payment options, the MSME collection and payment suite includes ALAT For Business, NQR, ALATPay, MyBusiness Card and the Wema POS machine.
According to Wema Bank’s Divisional Head, Retail and SME, Ayodele Olojede, the suite of solutions presents a unique opportunity to engender and accelerate digital and MSME empowerment in Nigeria.
“At Wema Bank, MSMEs hold a special place in our hearts. Our dedication to supporting MSMEs with viable solutions and resources is not just ‘box ticking’, it’s a lifelong mission that we are committed to seeing through. These re-launched platforms guarantee business owners the flexibility of focusing more on profit adding business activities.” She added that ALAT For Business (AFB) is the bank’s digital App made exclusively for business owners.
“While customers use ALAT to pay merchants, these merchants use AFB for bulk payments. On AFB, business owners can make payment to 5,000 beneficiaries in one transaction, optimise salary payments, invoice discounting, cash flow analysis, Form Q Initiation, and even FX transactions.”
