LAGOS, Nigeria – In a strategic move to empower its agents, promote compliance, and enhance financial inclusion, Quickteller Paypoint, a leading payment platform under the Interswitch Group, recently hosted Regional Engagement Forums across major cities in Nigeria including Lagos, Port Harcourt, Abuja and Anambra, themed: ‘Compliance and Beyond, The Road to Financial Inclusion and Empowerment’.
Held at IBIS Hotel in Ikeja, Lagos; Tokyu Grand Hotel in Rumuomasi, Port Harcourt; 3 J’s Hotel and Suites in Abuja; and Soprom Hotel in Onitsha, the forums were specifically designed to assist Quickteller Paypoint agents who have yet to complete the mandatory Corporate Affairs Commission (CAC) registration before the extended deadline of September 5, 2024.
To lighten the financial burden and ease the process for its agents, Quickteller Paypoint offered a substantial 50 per cent discount on the CAC registration fees for agents that attended the events. In addition, agents received on-ground support to facilitate their registration. The regional engagement forums also provided a unique opportunity for the Quickteller Paypoint team to engage directly with their agents.
Recall that the Federal Government through the CAC recently mandated all fintech and agency banking companies to register their agents and merchants with the Commission. This is in line with Section 863, Subsection 1 of the Companies and Allied Matters Act, CAMA 2020 as well as the 2013 Central Bank of Nigeria’s guidelines on agent banking.
Titilola Shogaolu, Managing Director, Interswitch Financial Inclusion Services (IFIS), during her presentation explained that by offering a 50 per cent discount on CAC registration, Quickteller Paypoint is not only helping their agents to meet the regulatory requirements but also empowering them to expand their business opportunities and build customers’ trust.
She further opined, “We are mindful that meeting regulatory requirements can sometimes prove daunting for small business owners. This is why we’re taking proactive steps to support our agents. As a business which supports the development agenda of the government while also enabling the growth of the financial ecosystem, we understand the importance of regulatory compliance. It is on this premise that we are partnering the CAC and offering our agents 50 per cent discount on registration fees to ease the registration process and ensure the sustenance of their businesses.
We are committed to being an enabler in the financial inclusion sector, helping our agents unlock new opportunities, achieve their business goals and drive financial inclusion. We are excited about the turnout and engagement here today and we believe that by supporting our agents through initiatives like this, we are fostering a stronger and more resilient agent network,” Shogaolu remarked.
The forums featured educational sessions and saw agents participate in Quickteller Paypoint’s promotional offers. Top-performing agents also shared their experiences and success stories, highlighting how the platform has been instrumental in achieving their business goals.
Interactive Q&A sessions across the various locations allowed agents to ask questions and get insights and direct responses from Quickteller Paypoint representatives. The forums equally introduced new products and updates, designed to enhance the agents’ service offerings and increasing their earning potential.
The Regional Engagement Forums enabled Quickteller PayPoint reach more of its agents and engage them on the importance of regulatory compliance, its benefits and offerings to enhance their business operations. This initiative marks a significant milestone in the company’s ongoing efforts to support and empower its network of agents.
As Quickteller Paypoint continues its regional forums across Nigeria, it remains dedicated to supporting its agents in achieving their business goals and contributing to the broader financial inclusion agenda. The company encourages all its agents to take advantage of the subsidized CAC registration fee and the wealth of information that would be provided at these forums.
