Cashless Policy: Medical Lab Council Embraces Remita

As part of efforts to ease payment processes and offer convenience to myriads of corporate organisations and individual members that make payment regularly, the Medical Laboratory Science Council of Nigeria (MLSCN) has migrated to the electronic payment platform in order to comply with the Central Bank of Nigeria [CBN]’s cashless policy.

MLSCN achieved this recently when it implemented Remita, a modular e-payment, e-collections, e-payroll, and e-schedule solution, on a single multibank platform developed by SystemSpecs, and it would be able to collect all fees and penalties on the platform instantly.

At formal ceremony at the MLSCN headquarters in Abuja, Mr Iliya Musa, business development manager of SystemSpecs of Abuja and Northern Operations, explained that the platform would provide the over 20,000 members of the council with multiple channels for making payment as they could make payments to the council at any bank branch listed on the platform.

“This payments”, he said, “can be made through the bank’s Internet site, credit/debit card, Remita (for registered Remita users), mobile wallets or with direct debit/standing order”.

Part of the objective of the Remita project was to improve administrative and operational efficiency of the council through proactive electronic invoicing of individual and corporate members, streamlining collection of fees and dues through multiple channels, and ensure prompt collection of funds into authorised MLSCN’s account.

“Timely provision of comprehensive transaction reports for effective decision-making and full compliance with federal government’s e-payment and e-collections initiative”, is part of the objective,” Musa added.

Jack Akpan, head, Collections at SystemSpecs, informed that MLSCN’s clients could also use multi-channel collections platforms like banks’ Internet banking site, credit/debit card pay by Remita (for registered Remita users), in addition to also paying with Mobile Wallets, Direct Debit/Standing Order and micro finance banks

Remita presents individuals and organisations with a very simple and intuitive user intricate multi-party payment flows band, and was adopted by the Central Bank of Nigeria (CBN) for the payment and collections of funds on behalf of the Federal Government of Nigeria and used by all 22 commercial banks and over 400 micro finance banks in the country.