NIBSS Takes NQR Payment Solution to Ajah Market, Lagos
The bustling Ajah market in Lagos recently became the stage for a live demonstration of the NQR payment solution, spearheaded by the Nigeria Inter-Bank Settlement System (NIBSS). Shoppers were pleasantly surprised to find NQR agents on hand, providing guidance on how to utilize the innovative PaySharpSharp payment method. The initiative aims to promote a fast, secure, reliable, and contactless payment experience across the country.
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The NQR payment solution is designed to streamline the fragmented QR code payment landscape in Nigeria, offering a unified and consistent experience for users and accelerating the adoption of digital payments. Marketgoers in Ajah had the opportunity to experience firsthand how easily they could pay for goods and services using the scan-to-pay technology. Adding to the excitement, popular Nollywood actresses Mercy Johnson and Bisola Aiyeola led public demonstrations, showcasing the benefits of NQR for both merchants and customers. The celebrities, alongside NQR agents and representatives from various commercial banks, actively engaged with business owners and shoppers, highlighting the solution’s advantages. Mrs. Oyebode, a customer who tried NQR for the first time, shared her positive experience, stating she was initially skeptical but was impressed by the speed and instant credit alerts, expressing her preference for using it moving forward.
With its nationwide availability, NQR seeks to modernize payment processes and contribute to the growth of a cashless economy in Nigeria. The demonstration at Ajah market signifies NIBSS’s commitment to driving financial inclusion and providing accessible, convenient payment options for all.
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