The Group Head, Emerging Businesses at Access Bank Plc, Ayodele Olojede, while introducing the product in Lagos, noting that the COVID-19 pandemic made more apparent the lack of infrastructure and access to digital resources for small businesses, said: “This is why Access Bank introduced SwiftPay to support the digital transition and growth of SME businesses. This product is part of the Bank’s commitment to supporting SMEs to meet their business objectives despite the times. The new service comes in form of a payment link that can be hosted on merchants’ social media pages and sent to anyone to pay and conclude business transactions. It is easy and takes less than five minutes for interested merchants to sign up as it is convenient and time-saving for everyone.”

SwiftPay is free and the processing charge is discounted up to 15 percent to ensure merchants keep most of their earnings. Every merchant registered on SwiftPay carries a ‘verified by access ‘ stamp to authenticate the product, which gives customers the confidence to transact.
“With the launch of “SwiftPay by Access”, we are renewing our commitment to providing the much-needed technical support to our SMEs”, Olojede said.