By Jimoh Babatunde
Interswitch Group, a leading integrated payments and digital commerce company in Africa, has been unveiled as key Sponsor of the Committee of e-Business Industry Heads (CeBIH) 2024 Conference.
The conference which started yesterday at the Eko Convention Centre, Victoria Island, Lagos, explores the theme “Payment System Vision 2030: Navigating Contemporary Issues in Driving Future Growth.”
CeBIH is made up of top-tier electronic business practitioners from all banks in Nigeria, with the primary objective of promoting electronic banking services that align with global best practices. The CeBIH 2024 Conference will play a pivotal role in advancing the goals of Payment System Vision (PSV) 2030 by evaluating progress, highlighting key milestones, and addressing challenges within the payment ecosystem.
The PSV 2030 is a strategic framework developed by the Central Bank of Nigeria (CBN) to guide the evolution of the country’s payment systems over the next decade. Building on the success of previous initiatives like the Payment System Vision 2020, PSV 2030 aims to further advance financial inclusion, drive innovation in the payments sector, and support the broader digital economy in Nigeria.
In a keynote address titled, “The Impact of Globalization and the Gig Economy on Inclusive Payment Systems in Nigeria”, Mitchell Elegbe, Founder and Group Managing Director, Interswitch, stated: “We are proud to support CeBIH and the 2024 CeBIH annual conference as it aligns perfectly with our vision of building seamless, secure, and future-ready payment systems for Africa. This partnership highlights Interswitch’s commitment to drive innovation and advance the payments ecosystem. “Together, we aim to address the evolving challenges in digital payments and contribute to the development of a robust, inclusive, and sustainable digital economy across Africa.”
The conference which ends today will generate policy recommendations aimed at creating a supportive environment for the growth and sustainability of Nigeria’s payment ecosystem.
Interswitch’s sponsorship of the 2024 CeBIH annual conference underlines its ongoing commitment to drive innovation and shape the future of payments in Nigeria.
