Accelerex Revolutionizes Nigerian Payments with Groundbreaking "Pay with Fingerprint" Solution

Accelerex, at the forefront of African fintech, has introduced a revolutionary "Pay with Fingerprint" solution in Nigeria. This innovative system allows bank account holders to securely pay at merchants using fingerprint scanners on point-of-sale terminals, eliminating the need for physical cards.

Jul 4, 2024 - 01:48
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Accelerex Revolutionizes Nigerian Payments with Groundbreaking "Pay with Fingerprint" Solution

Accelerex, a prominent African fintech company, has unveiled a disruptive payment solution – "Pay with Fingerprint". This innovative system is poised to revolutionize the Nigerian payment landscape, marking the first of its kind to be deployed on point-of-sale (PoS) terminals in the country.
"Pay with Fingerprint" empowers bank account holders to make secure and convenient payments at merchants by simply scanning their fingerprints on biometrically enabled PoS devices. This eliminates the need to carry physical cards, a frequent inconvenience, and enhances security for both consumers and merchants.
Leveraging advanced biometric technology, "Pay with Fingerprint" offers a superior level of security compared to traditional methods. Fingerprint recognition significantly reduces the risk of fraud associated with stolen or lost cards. Additionally, the solution streamlines the payment process, providing a faster and more seamless checkout experience for customers.
"The launch of Pay with Fingerprint underscores our unwavering commitment to revolutionizing Nigeria's payment infrastructure with secure, user-centric solutions that empower consumers," stated Chuks Anakudo, the Managing Director of Accelerex Nigeria.
This innovative solution aligns perfectly with Accelerex's track record of excellence. The company boasts a strong presence across Africa, serving over 150,000 merchants and agent endpoints. Since 2018, Accelerex has consistently ranked among the top providers of payment channel services in Nigeria, measured by the value of transactions processed. Their operations currently span Nigeria, Ghana, and East Africa, with ambitions to expand further across the continent.
The introduction of "Pay with Fingerprint" signifies a significant leap forward in Nigerian payment technology. By prioritizing both security and convenience, Accelerex paves the way for a more efficient and secure payment ecosystem that benefits both consumers and merchants.

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