Mastercard, NetPlusDotCom and Innovectives have announced a milestone in their partnership to provide micro, small and medium-sized enterprises (MSMEs) in Nigeria with digital payment tools to advance their business through their self-onboarding digital platform, Merchant Digital.
According to the company, 1 million MSMEs have so far been onboarded on the platform that can be accessed online at NetPlusDotCom and Innovectives respectively by all small businesses and micro merchants in Nigeria.
The self-onboard digital platform, which went live at the end of last year, enables Nigerian businesses to accept digital payments through optimized solutions such as Mastercard Quick Response (QR), USSD codes, contactless transactions, point-of-sale terminals and web payment gateways to grow ecommerce. Consumers also benefit from added convenience via multi-payment options.
Additionally, strong performance scoring tools support access to micro-loans and credit, enabling MSMEs to grow and sustain their businesses in Nigeria.
Secure digital records for their businesses make it