Lagos, Nigeria – In recognition of its efforts to deepen digital payments acceptance for businesses on the continent, the fintech payment product of HabariPay, Squad, has received an award for “Accelerating Digital Acceptance in Africa” at the inaugural session of the Mastercard EDGE 2022. The event was held to recognize outstanding fintech companies and business leaders that are revolutionizing payments in various ecosystems.
The Mastercard EDGE – “Envision the Future of Digital, Gateways & e-Commerce Forum” – took place on Wednesday, 12 October 2022, at the Internet City, Dubai. The event hosted tech industry experts from across acquirers, PSPs, and payment technology innovators who convened to discuss the future of digital payments in EEMEA and witness the recognition of brands that are leading payment innovations in Africa and beyond.
HabariPay was awarded
for creating a turnkey solution, Squad, that allows merchants to easily accept
cashless payments in-store and online. Under Squad’s portfolio is its flagship
SquadPOS solution, which is a first-of-its-kind payment technology in Nigeria that
enables merchants to accept card payments with NFC-enabled android devices. Its
other solutions include Squad Virtual Account, Squad Payment Link, Squad
Storefront, and Squad USSD.
Speaking about the
award, the Managing Director, HabariPay, Eduofon Japhet, said, “It is indeed an
honor for us to be recognized for our efforts toward driving digital payment
acceptance within the African landscape. We are deeply motivated by a passion
for helping merchants receive payments in an easy, efficient, and cost-effective
way so that they can thrive in this ever-evolving digital economy. In building Squad,
our goal was to create a level-playing field for businesses to access a
complete, affordable, and efficient tool that helps them receive payments online
or in-store.”
“Though this product
has only been in the market for a few months, we are excited to see how much
businesses are steadily adopting it to help simplify their daily business
processes. We are also inspired to see that our work at HabariPay is not going
unnoticed, and we are grateful to the Mastercard team for this recognition. We
are encouraged to accelerate our mission to simplify payments for businesses in
Africa and will continue to work toward leading innovation within this payment
ecosystem.” She added.
This recognition comes
on the heels of the brand’s first honor for “Innovative Mobile Payment
Solution of the Year” by Tech Innovation Awards. The Tech Innovation Awards
program was held in September 2022 to celebrate outstanding tech companies and
leaders deploying innovative technology services in Nigeria.
With a vision where
every payment in Africa is digital, HabariPay launched Squad on the 1st of June
2022 to provide reliable, affordable, and secure solutions to ensure that the
process of receiving online and offline payments are made easy.
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