RedCloud, Paystack partner to expand digital payment solutions

L-R: Adeyemi Ogunyemi, Head of Product Africa, Redcloud; Ojumitunrayo Olufade, Senior Marketing Manager Nigeria, RedCloud; Charles Idem, Head of Sales, Paystack; Steve Hunt, Senior Sales Enablement Manager, RedCloud; Ebere Ogwumoyi, General Manager Nigeria, Redcloud; Kemi Shonibare, Chief of Staff, Paystack and Deji Awobokun, Sales Manager, Paystack at the onboarding ceremony to kickstart the partnership between RedCloud and Paystack in Lagos recently.

RedCloud Technologies, a global technology firm, has announced a strategic partnership with Paystack, a digital payment provider in Nigeria.

The partnership with Paystack will ensure that all B2B transactions initiated on RedCloud’s Intelligent open commerce platform (Red101 app) are processed in line with the Central Bank of Nigeria’s regulatory policies and guidelines for digital payments, ensuring due diligence and compliance with all relevant requirements, according to a statement.

“Customers on RedCloud’s Intelligent open commerce platform, Red101, will now enjoy convenient payment options using payment tokens from Paystack,” the statement said.

It said digital payment channels will enable businesses to accept and make payments via instant bank transfers, debit and credit cards, USSD, and QR codes, enhancing the payment experience for both distributors and merchants on the platform.

“Retailers and merchants can join the platform by downloading the Red101 app on the Google Play Store.”