Wema Bank, Enza Partner To Boost E-commerce


Wema Bank and payment platform, Enza Group, are partnering to provide secure and reliable payment options at a reduced cost for businesses. The partnership would equally boost e-commerce enormously.

While announcing the strategic partnership through a statement released by the group, the payment platform said the collaboration would leverage its payment solution to expand Wema’s e-commerce payment capabilities.

It added that the partnership would improve the quality of service to merchants, enhance payment security, increase service reliability, and significantly reduce operating costs through transaction optimisation.

Speaking on the partnership, Wema Bank’s Executive Director of Retail and Digital Business, Tunde Mabawonku, said that it would empower the bank’s clientele to embrace wider payment alternatives, encompassing diverse payment cards, e-wallets, and more.

The streamlined and resilient payment processes would ensure the swift and hassle-free completion of transactions, thereby enriching the holistic customer experience for both payment initiators and recipients. He added.

Divisional Head, Payment Business, Wema Bank, Damola Bolodeoku, said, “As an establishment that takes pride in its role as a digital frontrunner within the banking sector, we are enthralled to synergise with Enza group to introduce a revolutionary e-commerce payment gateway solution.

“Through this synergy, we ardently anticipate amplifying our e-commerce payment capacities and delivering heightened value to our customers through all avenues.”’

In his remarks, the Chief Executive Officer, Enza Group, Hany Fekry, said “Our mission is to simplify payments across the region, thereby enabling seamless and secure transactions across the Middle East and Africa. This new partnership with a premier Nigerian bank further accelerates our progress towards that goal.”

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