Interswitch: How to Become an Paypoint Agent

Category: Agents
Paypoint Agent In Interswitch's ​Financial ​Inclusion claims,

Interswitch Financial Inclusion Services Limited (IFIS) is the division of the Interswitch group which has the responsibility of making financial services more inclusive especially to the unbanked population of Nigeria. In response to the concern that the majority of Nigerians are either underbanked or unbanked, the division was set up to drive inclusion through nationwide deployment of agent networks known as Paypoint Agents.

The Paypoint agents carry out financial services in their neighbourhood on behalf of Interswitch. These financial services include Bill payments (PHCN, LAWMA, DSTV), Funds Transfer, Airtime recharge, Cash deposit and withdrawal among others. This is a direct competitor to Paga agent services, check them out, which is equally a fantastic service. They are all out to give the best in serving Africa The Paypoint locations are built in partnership with existing businesses who have already been recording considerable footfall. The agents are raised through a standard process which involves proper documentation and adequate training -this makes it possible for the agents to be able to serve the customers in neighbourhood adequately.

​Why be an A​gent?

Every business owner opens shop for profit. Our mandate is to bring to you much more business with zero physical inventory at the start. We help you see how simple an effort it takes to add this to your present business and we help you grow business volumes to justify your efforts in multiples. We start by hand-holding and never really leave you as we surround you with customer care support structures.

​How to become an Agent?

Any adult citizen carrying out legitimate small business can be an agent, once he/she meets the minimum requirements.

• Get identified as an agent potential or contact Interswitch to indicate interest

• Have a valid business location that’s visible or has current patronage footfall (rented or owned)

• Provide personal and business data and fill out the agent registration and contract form

• Provide copies of both proof of ID and location documents (hard copy and scanned)

• Pay (to an IFIS-designated bank account) the initial capital with which you will fund your trading account

• Get trained, run test transactions and complete the setup (get your location merchandised)

Conatct Interswitch by:

Call on 01-7004347

​Mail on ifiscustomercare@interswitchgroup.com

You can also become an Agent by filling the agent form here

The extensive FAQ is available for Download

Agent's Benefits?

Platform & Content

Huge content from QuickTeller and other Interswitch products

Over 5,000 billers & merchants

Marketing & Branding

Comprehensive, and targeted marketing communications support

Improved brand association

Coordinated Support Structure

Effective Agent Training

Onsite Training, Visitation, Quarterly Forum

Guaranteed Successful Entrepreneurs

More commissions and incentives

More services

More support

The Interswitch Group

Category: FinTechs 

This time we are digging up the profile of one of the trailblazers in the world of financial technologies in Africa. This is one big company that has being setting the pace for over a decade and is still re-iterating, getting better and stronger with each passing day.

This is truly a giant in the committee of companies, a breathing unicorn of great repute. I and many other persons, companies and institutions have being benefiting from their services for quite a long time now. I've had nothing but positive reviews for their professionally delivered automated services.

 

Interswitch is an Africa-focused integrated digital payments and commerce company that facilitates the electronic circulation of money as well as the exchange of value between individuals and organisations on a timely and consistent basis. 

The company started operations in 2002 as a transaction switching and electronic payments processing company that builds and manages payment infrastructure as well as deliver innovative payment products and transactional services throughout the African continent. Today, Interswitch is at the forefront of creating intuitive ways to pay and transact using digital technologies. Interswitch saw the distinction between traditional channels and customer touchpoints like bank branches, ATMs, POS Terminals, Kiosks, PCs, etc., gradually fading and giving way to a set of digital cloud services that can be assessed anywhere and anytime using mobile devices and wearables and delivering payment experiences like never before.

Also: How to Become a Quickteller Paypoint Agent, Credit Facilities Payment Platforms Mobile Money E-Commerce Affiliate Marketing Money from Online Sports Resellers Haven Agents

Services

To clients, Interswitch offers training and advisory services in the e-payments and e-business industry on how to get the best return from their investments in electronic payments, and train to bridge identified gaps in knowledge, learning and development.

No matter how big you are, public or private, and in what industries or sectors you do business, Interswitch promised to help you work smarter and reach your goals.

- Loyalty Services

- Technology Integration

- Advisory Services

- Transaction Processing

- Payment Infrastructure

- Financial Inclusion

Products and Platforms

The major platforms I use mostly on Interswitch are the transaction processing and payment facilities and I can attest to their quality of delivery. These services will simplify your everyday transactions, hassle-free.

Payment Infrastructure

Interswitchs Electronic Funds Transfer (EFT) switching application, supports major networks including Verve, Mastercard, Visa and China Union Pay, besides other proprietary networks.

Transaction Processing

You can really save money and streamline your business with seamless payment processing.

The company through its versatility comes with standard transaction sets including debits, credits, transfers, recurring payments, pre-payments, inquiries, and payment information management and administration. Managed by Interswitch, this can reduce the cost of payment services, increases customer loyalty and boosts profits.

Easy Integration, Uninterrupted Service.

Interswitch payment processing integrates seamlessly into several existing software solutions (e.g. SAP and Oracle), ensuring that your organisation does not need to replace its current system. Interswitch also integrates internet payments using cards, tokens and devices with existing websites and other channels.

Interswitch transaction processing solutions can be classified into 6 main groups:

1) Payment, collections and monitoring solutions (Paydirect, Quickteller)

2) Funds disbursement solutions (Autopay)

3) Retail management (Retailpay)

4) Industry Solutions

5) Hardware products

6) Consumer products (Verve, Quickteller, and Rewards)

Third-Party Processing

Interswitch is also a leading third-party processor. Interswitch provides detailed reporting and analysis across various channels such as ATMs, Point of Sale terminals, and mobile phones etc. We also manage switching and transaction processing services for card brands like MasterCard, Verve and Visa.

For more information on the Interswitch Group, contact them at:

Tel: +234 1 6283888 (Switchboard)

Customer ​Support: +234 700 906 5000

E-mail: oneview@interswitchng.com

Website: www.interswitchgroup.com