• Tuesday, November 26, 2024
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BudPay says positioning African enterprises for global trade opportunities

BudPay says positioning African enterprises for global trade opportunities

BudPay, a provider of business payment solutions for local and global enterprises in Africa has reiterated its commitment to connecting African businesses to global opportunities.

BudPay payment infrastructure uniquely designed to cater to the constantly evolving needs of the African market has been instrumental in enabling corporates, SMEs, and startups to accept payments in 100-plus countries.

With over 20,000 businesses already benefiting from the product since its inception, BudPay said it continues to partner with ambitious companies across Africa, connecting them to a world of opportunities within and beyond the continent’s borders.
While commenting on the company’s achievements, Wale Hassan, CEO of BudPay, stated, “We are humbled and at the same time proud to have earned the trust of over 20,000 businesses across 3 markets in the last 2 years. While the payment industry is already quite robust, we identified a distinctive opportunity to redefine the global payments landscape for African businesses.

“The astounding feedback from our merchants on the business impact of integrating BudPay into their payment systems has been very validating. Despite these milestones, we remain relentless. Our mission is to power global trade and drive economic growth beyond borders.”
The features of BudPay Business were designed to cater to the payment requirements of businesses seeking to expand their reach beyond local markets. As e-commerce and digital trade continue to expand rapidly, the demand for robust and inclusive payment solutions has significantly increased. BudPay has impactfully but quietly seized this opportunity, securing licenses, system and security certifications, and strategic partnerships with leading providers, enabling businesses to participate in the global economy.

BudPay Business boasts a suite of unique solutions that streamline payment processes and enhance business efficiency. These include Invoicing and Payment Links, which allow businesses to generate and share digital invoices and secure URLs for customers to make payments online without needing a dedicated e-commerce website.

The platform also offers a versatile Payment Gateway/Checkout Modal with various payment options, including Cards, Bank Transfers, USSD, and Mobile Money. Additionally, BudPay Business provides team collaboration features enabling businesses to add team members to delegate payment operations effortlessly.
BudPay is committed to global best practices for the security and compliance of its infrastructure. This has been a key factor in the success of its operations over the years. The company is licensed by the Central Bank of Nigeria and certified by other recognized financial, payment security, and data regulatory bodies at both national and global levels. This has enabled BudPay to earn the trust of its customers, who value the platform’s reliability and security. With its robust measures and partnerships, BudPay has demonstrated readiness to empower African enterprises to thrive in both local & international markets.

Iheanyi Nwachukwu, is a creative content writer with over 18 years journalism experience writing on banking, finance and capital markets. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).

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