Heritage Bank, a Nigerian money deposit bank, has announced it has migrated to the Nigeria Instant Payment (NIP) production environment.
The bank revealed it has now been integrated into the Instant Pay Platform of the Nigeria Interbank Settlement System (NIBSS).
This development allows its customers to use point of sale (PoS) terminals nationwide for payments.
It also supports funds transfer from any of its branches across Nigeria and on e-payment platforms.
Ifie Sekibo, managing director and chief executive officer, described the development as a reflection of the confidence stakeholders have in the bank’s robust ICT infrastructure and e-payment platform.
He said: “Most banks take quite a long time to integrate into the NIPS platform, but within a very short period of our existence, we have integrated into their system.
“Our entire payment platforms have been fully integrated. And we are functional, up and running. So for us it is a real ground breaking and record setting achievement, and it reflects confidence from an e-payment switch like NIBSS.”
Sekibo added, as a result, the bank was also now connected to other e-payment switches, banks, banking platforms.
