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The 3rd Quarter Edition of the Point of Sale (PoS) Innovation Summit, an event which drives innovation in the PoS cashless payment sector, will hold on September 19, 2018 at the Wheatbaker, Ikoyi, Lagos at 11 a.m. This edition, with the theme “Expanding Retail Merchants’ Possibilities” will highlight the various opportunities available to retail merchants for payment processing in light of the various ingenious solutions emerging almost on a daily basis. In a statement by the organizers of the event, Global Accelerex Ltd, the leading 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, Mr. Stanley Jacob, who expressed delight at the opportunity to partner with Global Accelerex on this edition of 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 critical discussions are encouraged for the progress of our industry.” The global financial sector has witnessed a great deal of disruption which has resulted in a total turnaround in how payments are made. The Nigerian payment system has also evolved, and this has been accelerated by the introduction of a plethora of products and services by payment solution service providers that facilitate payments in the most unconventional ways through QR Codes, PoS terminals, mobile phone numbers, social media platforms and Near Field Communication. Commenting on the theme of the Summit, Tunde Ogungbade, Managing Director of Global Accelerex, stated that the summit has proven to be an avenue for strategic deliberation that culminates into innovative e-payment products and 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, Mr Masood Sheik, Head, Business Development & Strategy, Primeauth, India and Mr. Tosin Eniolorunda, CEO, TeamApt 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 foster better understanding of the needs and preferences of the merchants. Please click here to register.
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This article was first published on 21st August 2018

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