JUST IN: Upperlink becomes payment facilitator

An indigenous software development company Upperlink, licensed by the Central Bank of Nigeria (CBN) as a Payment Solution Service Provider (PSSP) has announced that it has signed a partnership agreement with a global payment and financial service company – as a Payment Facilitator.Information Guide Nigeria

Upperlink said it has expanded international market options for local merchants with Upperlink Paygate – a proprietary payment gateway collection platform.

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According to the Managing Director of Upperlink, Segun Akano, Paygate would address an apparent lack in the commercial sector pertaining to collections for merchants in both local and foreign currency.NYSC Portal

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Akano said, “It will meet the needs of businesses across Africa, as these businesses can now connect with a wider range of potential customers across the globe.”

He further explained that this edge is what made the Paygate platform “an invaluable tool for merchants in Sub-Saharan Africa, as it provides them with a better way of doing business and in the process improves the foreign exchange earnings of the country.”

“Upperlink PayGate is robust and has the capabilities to process payment across all card schemes including MasterCard, American Express, China UnionPay and others. The lack of accessibility to services such as this has resulted in the inability of merchants to expand their business into the international market due to the absence of a medium through which income can be received from foreign customers”, Akano said.

THE GUARDIAN reports that he further stated, “By taking advantage of its partner’s unique capabilities, Upperlink Paygate offers a platform for businesses across sub-Saharan Africa to receive payments from clients all over the world in both local and foreign currency.”JAMB Result