The Management of Tinapa Business Resort Limited (TBRL), has signed a Memorandum of Understanding with InterSwitch Limited to develop a Payment System Management and Verification solution for the Zone.
Interswitch Limited is an electronic transaction switching and payment processing company with a business footprint that covers the provision of shared, integrated message broker solutions for financial transactions, e-commerce, telecoms value-added services and e-billing within the Nigerian environment. Established in 2001 and highly respected by key players in the country’s financial sector, Interswitch Limited is an independent, private sector led, limited liability Company focused on facilitating the exchange of value between service providers (financial, telecommunications and utilities), merchants, their customers, & other stakeholders on a timely and continuous basis nationwide. Through its “Super Switch” infrastructure, InterSwitch provides an online, real-time electronic payment system to support automated customer transactions from different customer touch points and transaction channels.
As a first step in implementing her mandate to develop a Payment System Management and Verification solution in Tinapa, the company held a one day training workshop for tenants operating in the Zone on the 30th of June 2009.
The workshop which was facilitated by the Management of TBRL was intended to sensitise them on the need for an integrated sales monitoring, management and reporting regime that will facilitate the transaction of trade and other businesses within Tinapa. The organizers also utilized the opportunity to introduce the Tinapa Retail Pay Card (TRPC).