Clydestone to Connect Banks to Alternative Payment Brands

Clydestone, Ghana’s premier electronic payment firm with office in Nigeria is enabling banks, merchants and customers to plug into alternative payment channels such as Paypal and Amazon Pay.

This is due to the high penetration of internet and mobile phones in the market,
e-commerce and mobile commerce that allow customers the ability to interact and transact businesses in a seamless manner.

To call attention to its suite of secure payment solutions, the firm would, at an event, present its G-secure Authentication Platform, which keeps the banks, customers and merchants secure, as the nation journeys into the cashlite era.
 
To call attention to its suite of secure payment solutions, the company hopes to achieve this by presenting the G-Secure Authentication Platform’ to banks and financial institutions on Wednesday, April 25, 2012.

According to Babafemi Sosanya, Business Development manager, Clydestone, the event which would be attended by the banks and other financial institutions would include an interactive session on how the banks can use the 3D-Secure payer authentication, how alternative payment brands such as PayPal, Google Check Out and Amazon can use this platform to their competitive advantage and grow their transaction volumes among others.

The event is coming on the heels of the CBN’s cash-less policy and seeks to boost the knowledge and enlightenment of the participants for a more effective and secure transformation process.

However, Clydestone has taken this approach in order to address the concern raised by the banks, merchants and customers on how to leverage the growing payment systems of e-commerce and m-commerce channels without incurring increasing levels of revenue loss related to fraud in the face of the CBN’s cash-less policy.

Clydestone develops cutting edge and innovative solutions for its clients in Ghana, and have implemented payments systems for financial institutions.

 The firm would participate in Nigeria’s transformation phase from its heavy dependence on cash to cash-less one and is coming with an extensive experience in implementing solutions for some of the largest companies in Ghana.