• Thursday, March 28, 2024
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CBN names Itex as most efficient payment terminal service provider

CBN boosts liquidity at inter-bank forex market with $210m
Central Bank of Nigeria (CBN) has recognised Itex Integrated Services Limited, a pan-African financial technology firm that provides innovative solutions for commerce and payment acceptance, as the “Most Efficient Payment Terminal Service Provider” (PTSP) at the 2019 edition of its Electronic Payment Incentive Scheme (EPIS) Efficiency Awards.
The award is in recognition of Itex’s outstanding and innovative approach to Point of Sales (POS) solutions both in the use of software deployment as well as terminal activity.
Ernest Uduje, managing director/CEO, Itex Integrated Services, said, “Itex is honoured to receive this coveted award. It highlights that our innovativeness, hard work, dedication and zeal has not gone unnoticed. Since inception, we have focused on ensuring that we provide the best payment solutions for our clients, responding to their needs in line with agreed turnaround time. We are also known for providing tailor made services to our range of clients, making us stand out in the Fintech space.
“We are inspired by this recognition and will continue to expand the frontiers of payment technology. We aim to be the foremost and most preferred payment solutions provider and Nigeria and remain committed to consistently providing solutions that will enable our clients enjoy smooth and secure transactions. We are indeed thrilled to be recognised by the Central Bank of Nigeria.”
Itex is one of the first organisations to successfully deploy and manage point of sale terminals in Nigeria. Its customary POS applications ease the e-payment and revenue collection of bills, tariffs and airtime while making the transactional experience enjoyable for clients by offering them the ability to monitor and control their transaction processes.