Wema Bank Launches New Tools to Simplify Payments for MSME Businesses | Check Post for More Details.
Wema Bank Launches New Tools to Simplify Payments for Businesses
Great news for Nigerian small business owners! Wema Bank just relaunched their suite of MSME (Micro, Small and Medium Enterprise) solutions to make collecting and receiving payments easier than ever. Continue Reading...
This suite offers a variety of tools to fit different business needs:
- ALAT for Business (AFB): This is a mobile app designed just for business owners. While your customers use the regular ALAT app to pay you, you'll use AFB to manage your business finances. Need to make a bulk payment to vendors or staff? AFB can handle up to 5,000 beneficiaries at once. You can also use it for things like salary optimization, invoice discounting, and currency exchange.
- ALATPay: This is a payment gateway website that lets your customers pay you quickly and easily, with instant confirmation for both you and them.
- Wema NQR: Looking to go contactless? Wema NQR offers a "scan-to-pay" option using QR codes. Customers can just scan your code with their phones to make a secure payment.
- Wema POS Machine: This traditional POS (Point-of-Sale) machine lets your customers pay with cards, transfers, or other options.
- MyBusinessCard: This is more than just a business card! It gives you access to perks like priority service at Wema Bank branches, higher transaction limits, and extra cards like virtual cards.
Wema Bank's Retail and SME Divisional Head, Ayodele Olojede, said that these solutions are designed to empower Nigerian MSMEs by making digital payments faster and easier.
If you're a small business owner in Nigeria, this is a great opportunity to streamline your finances and improve your customer service. Check out Wema Bank's MSME solutions today!
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This is a welcome development, I suggest this is a better solution for FG to use in distribution of funds when assisting people
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