EPPAN urges Nigerians embrace electronic payment

Mrs Onajite Regha, the Chief Executive Officer (CEO), Electronic Payment Providers Association of Nigeria (EPPAN), on Monday urged Nigerians to embrace electronic system.

Regha told newsmen in Lagos that electronic payment was safe and faster and reduced corruption and crime as well as allowed tracking.

“It is time for Nigeria to explore the advantages of digital technology by adopting electronic payment.

“Kidnapping, money laundering, armed robbery, terrorism and financial crimes are easy when cash is available.

“Electronic payment bridges the gap between the government and the people.

“ICT has significantly bettered lives though there is still room for improvement,’’ the EPPAN CEO said.

Regha said that the association was collaborating with security agencies to curb cybercrime to the barest minimum.

“About 96 million Nigerians are using mobile phones.

“I think every bank encourages mobile banking, although there is a lot of infrastructure deficiency,’’ she stated.

According to her, there are awareness campaigns to mobilise people at the grassroots to adopt electronic payment such as mobile phone transactions and the Point of Sale (POS) system