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Access Bank Launches SWIFTPAY for MSMEs

Nume Ekeghe Access Bank Plc has launched SWIFTPAY, a verified payment gateway to aide payment and inventory for micro, small and medium scale enterprises (MSMEs). Group Head (Emerging) Businesses, Access Bank Plc, Ayodele Olojede, while speaking during a media chat recently, said the initiative was to encourage businesses expand online by offering a safe, convenient and cheap portal as well proffer digital marketing training and other array of benefits its customers. She said: “At Access Bank, we are committed to providing very practical solutions that supports the growth of our customers. We know that stronger participation in markets helps strengthen contribution to economic development.

Access Bank introduces SWIFTPAY, disburses N30bn retail loans amidst COVID-19

Access Bank introduces SWIFTPAY, disburses N30bn retail loans amidst COVID-19 Access Bank introduces SWIFTPAY, disburses N30bn retail loans amidst COVID-19 Share Despite disruptions to banking activities caused by the Coronavirus (COVID-19) pandemic, Access Bank Plc says it advanced a total of N30 billion worth of credit facilities to about 8,000 entrepreneurs in the retail market segment of the economy this year. This is just as the lender has launched a payment acceptance service known as SWIFTPAY to enable small business owners to register and expand their payment services online. Addressing newsmen at the Bank’s Head Office (PGD towers) Lagos, Group Head (Emerging) Businesses, Access Bank Plc, Ayodele Olojede, said SWIFTPAY said it is easy for small business owners to register and make their sales online without necessarily being present.

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