News Editor
It is no longer news that the 21st century global economy is digitally inclined. The revolution in information technology has birthed several opportunities, one of which is, payment solution-a concept designed to simplify payment for goods and services all over the world.
This revolution inspired a Nigerian digi-preneur, Debo Shopade, to set up a payment technology solution known as PayedIn. PayedIn was birthed to eliminate barriers to digital payment inclusion for everyday merchants, self-employed individuals, schools, businesses, and not-for-profit organisations such as charities, NGOs, and churches according to its mission statement.
The CEO of PayedIn, Mr Debo Shopade, told TMS Tech News in an exclusive interview that PayedIn was initiated to change the payment space across Africa and ensure digital inclusion.
“When you look at global statistics, look at things around financial inclusion, when you look at things like digital inclusion, when you look at the ambitions of the World Bank, the IMF, the federal government of Nigeria and that of a lot of developing economies, one of the key ingredients for achieving digital inclusion and digital participation in the digital economy is through electronic payments.
“When you look at the number of transacting activities and individuals versus the percentage of those that are actually participating in electronic transactions today, you’ll see that the vast majority are not, I like to say, the bottom 80% have been completely excluded. So one of the things we look at is, what we can do to change that scenario through solutions that address the electronic payment challenges and requirements of the vast majority as opposed to the top 20% that are enjoying it today across Africa?” Shopade said.
Speaking further on the advantages of payedIn over other competitors in the industry, Shopade said PayedIn is easy to use, does not require complicated hardware, and appeals to a broader user base.
“PayedIn is a mobile first product, payedIn does not require systems integration. PayedIn does not require complicated hardware, with PayedIn you can get set up within five minutes and you’re on the go receiving your first electronic payments. So we think that we’re quite unique in regards, and we appeal to broader base of merchants, schools, hotels, and hospitals that want to transition from offline payments to online payments with ease without having to instal big tech. We provide this class with the exciting opportunity to do so with less corporate cost.” He said.
Shopade further explained that new users willing to set-up a robust payment solution that guarantees them swift and seamless transactions can download PayedIn from the Android and iOS stores using their smartphones and other digital mobile devices.
He also announced the offering of a limited discount offer to prospective users who might want to join PayedIn.
“All you have to do to use PayedIn is to go to Android Play Store or iOS Play Store, download the app and follow the simple registration process or you go to our website www.payedin.co and you can you can get started.
“Now if you’re listening to me, and you are with a school or a hotel and you want to get started. We can actually offer you a discount subscription to get started.
“So right now, if you really want to get started, we are making a limited offer available; we’re giving 33% off to the standard subscription. To get that, use the code “Abuja” to get a 33% off, which saves you over 10,000 Naira.
“The code is ABUJA; it is not going to be there forever; it is going to be there for the next couple of weeks for you to get started. You can sign up to PayedIn today. PayedIn is fast, PayedIn is easy to use, payedin is very reliable, and PayedIn is highly secured. These are some of the important reasons why you want to be on this prominent platform today.” He stated.
PayedIn also boasts of robust features for both payment recipients and initiators. Payment recipients have features such as payment links for remote payments, integrated transaction reporting dashboard, scan to pay, crowdfunding and instant payment notifications.
Features for those making payments include scan (QR code) to pay, pay by link, location triggered payments, recurring payments, push notifications, transaction receipts and transaction reports.
