We are delighted to share that Fincra has received its commercial Payment Service Solution Provider (PSSP) licence from the Central Bank of Nigeria (CBN).
In our commitment to maintaining the highest compliance standard, we have been working with the apex bank and following the rigorous process of acquiring this licence.
The CBN first granted Fincra an Approval- in- Principle (AIP) to test its intended payment solutions for businesses before we received this full commercial licence, a significant milestone for us.
What next
With this licence and our PCI DSS certification, Fincra will now be able to offer its range of payment services, giving businesses access to the most secured local offline and online payment channels to scale their businesses.
“We are thrilled to have received this licence from the Central Bank. This licence is a huge step forward for us, and it opens up many new opportunities for growth and expansion for our customers and us,” said Ayowole Ayodele, Chief Executive Officer (CEO) of Fincra.
More opportunities to serve you better
Fincra provides payment solutions for businesses, large corporations, fintechs, and everything in between to aid them with offline and online transactions.
We have a range of products that allow businesses to send and receive money quickly from its merchant dashboard, via APIs and white labelling.
Our Pay-in products include payment gateways for businesses across industries to collect payments online. We also provide the infrastructure for businesses to seamlessly receive and manage offline payments.
Fincra also has Pay-Out, which helps businesses with local payments within Nigeria.
To aid the growth of financial services offline, we offer the complete infrastructure to enable financial institutions or businesses with a distribution network to launch a robust Agency Banking network without a single line of code through a robust white label solution.
Sign up for a complimentary account in less than 3 mins and start exploring the benefits, or contact one of our experts for further information.
