Modernizing Corporate Finances with NIP

DATE

Sep 08, 2023

CATEGORY

COMPANY NEWS

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Welcome to a new era in corporate financial transactions: speed, efficiency, and convenience converge. We’re thrilled to announce the launch of our latest feature, NIBSS Instant Payment (NIP). NIP’s online real-time Electronic Funds Transfer (EFT) platform sets a new standard for corporate businesses to pay easily and quickly. It ensures simple, speedy payment acceptance from customers and suppliers, ultimately improving cash flow.

Real-Time Funds Transfer Made Seamless 

NIP provides our corporate customers with easy real-time fund transfers through electronic channels. It provides businesses with the flexibility to transfer funds instantly through various channels.

NIP opens up a world of possibilities for corporate businesses, empowering them with unrivalled financial control and agility. Key features include: 

  • Seamless funds transfer: NIP facilitates immediate transfers between bank accounts, even at different institutions, making transactions fast and efficient.
  • Multichannel accessibility: NIP offers multichannel accessibility for customers, including internet banking, bank branches, Kiosks, mobile apps, Unstructured Supplementary Service Data (USSD), point of sale (POS) devices, and ATMs, for increased convenience and flexibility.
  • Account-number-based transactions: NIP simplifies transactions using account numbers as identifiers, eliminating the need for complicated details.
  • Payment processing efficiency and reduced payment risks: NIP’s system enhances operational efficiency for corporations and businesses. Furthermore, NIP reduces payment risks, creating a secure and reliable environment.

Advantages for Corporate Businesses

NIP brings many benefits, from revolutionizing payment processes to accelerating financial operations. With instant fund transfers that minimize payment risks and ensure secure and reliable transactions, businesses can enjoy increased convenience, streamlined payment processing, and a more stable financial environment.

The NIBSS Instant Payment (NIP) is a forward-thinking solution that empowers businesses with real-time funds transfer capabilities. From its seamless funds transfer, multichannel accessibility, and innovative account-based system to its payment processing efficiency and reduced payment risks, NIP sets a new industry standard for corporate financial transactions.

At Ceviant, we are thrilled to introduce this feature to our customers, and we invite you to experience the future of payments with us. Implementing NIP will unlock opportunities for your corporate business to grow and thrive in a fast-paced digital world. 

Contact us today to learn how NIP can transform your payment processes and accelerate your financial operations.

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