Nigeria’s largest system integrator, CWG Plc said it has strengthened its BillsnPay platform in
Nigeria’s ePayment ecosystem by partnering with credible payment processing platforms that
have intuitive dashboards.
The Business Development Manager for BillsnPay at CWG, Mr. Tereigh Banks Ozakpo, who
disclosed this in a statement circulated to Journalists in Lagos, also stated that apart from
partnering with credible payment processing platforms, other interesting features have been
added to the platform.
The new features, according to him are instant bill notification, partial payments, enhanced KYC
features through BVN validation, more payment options (Card, Account-to-account and USSD)
and more billers, leading to an increased number of bills that can be paid on BillsnPay.
“We are aware of some of the challenges of solutions such as BillsnPay. Thus, we identified
these challenges early enough and partnered with only credible payment processing platforms
that have intuitive dashboards that can handle failed transactions, credit card data management
and fraud protection,” he said.
BillsnPay is a bills presentment, aggregation and payment platform, which was developed to
address some of the teething challenges of Small and Medium Enterprises in Nigeria such as the
lack of data for business insight, late and non-payment of bills by their customers and high cost
of operation and maintenance.
Others challenges CWG identified the BillsnPay solution addresses are late delivery of bills to
customers and delay in the reconciliation of payments made against the bill. These feats have
endeared the solution to Nigerians as it processeds a transaction volume of over N9 billion as
disclosed in the company’s 2019 financial report. This record is a major chunk of over 3000
percent of what the company had in 2018, 2017 and 2016 combined.
Using the BillsnPay platform, Nigerians can buy airtime, pay bills and perform other financial
transactions using any bank of their choice. This helps the customer not to be limited to only a
bank but he or she can use any bank at their comfort.
