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Unified Payments: Driving 28 Years of Fintech Innovation in Nigeria

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Unified Payments: Celebrating 28 Years of Pioneering Fintech Innovation in Nigeria’s Payment Landscape

Unified Payment Services Limited, a true vanguard in Nigeria’s burgeoning fintech sector, recently marked its 28th anniversary. This significant milestone commemorates nearly three decades of dedicated efforts by the organization, which has been instrumental in fundamentally reshaping the payments ecosystem and significantly advancing financial inclusion not just within Africa, but also on a global scale. As a foundational player, Unified Payments has consistently driven innovation that empowers individuals and businesses alike.

A Legacy of Leadership and Inclusive Payment Solutions

Established in 1997 by a collaborative consortium of Nigeria’s foremost financial institutions, Unified Payments rapidly emerged as a trailblazer in the realm of electronic payment services. A testament to its unparalleled position in the industry, the company holds the unique distinction of being the sole non-bank entity in Nigeria licensed as both a Principal Member and a licensed Acquirer across all major international and local payment schemes. This includes esteemed names like American Express, Mastercard, Visa, UnionPay, and Payattitude. Through this comprehensive mandate, Unified Payments has consistently delivered secure, highly scalable, and cutting-edge payment solutions. Its strategic evolution into a scheme-neutral and option-neutral service provider further underscores its commitment to empowering a diverse range of businesses and individuals, ensuring seamless and accessible financial transactions.

Reflecting on this remarkable journey, Dr. Agada Apochi, the Managing Director/CEO of the UP group of companies, extended heartfelt gratitude. He acknowledged the invaluable contributions and unwavering support from the dedicated UP team, its esteemed shareholders, and its loyal customer base. As Unified Payments looks ahead, its 28-year legacy firmly establishes its role as a cornerstone of digital finance in Nigeria, continuing to drive the evolution of payment technology and foster greater financial accessibility across the continent and beyond.

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