Sterling Bank’s PayOn Would Promote Growth of SMEs – Odubiyi

Yemi Odubiyi,ED Corporate and Investment Sterling Bank

Business owners have been implored to embrace Sterling Bank’s PayOn platform to facilitate payments locally and globally. This call was made by the Executive Director, Corporate and Investment, Sterling Bank Plc, Mr. Yemi Odubiyi.

This, he said, would promote growth of small and medium enterprises in Nigeria, which according to him, contributed about 48 percent to the nation’s GDP in 2019 and also accounting over 96 percent of businesses as reported by the Nigerian Bureau of Statistics and the Small and Medium Development Agency (SMEDAN).

He said: “PayOn, Sterling Bank’s payment gateway service makes it possible for Nigerian businesses to accept payments from their local and international customers with ease,” adding, “Nigerian businesses are positioned for growth and are able to reach a large coverage of customers who can make payments using their debit or credit cards and other electronic channels – including the pay-with-USSD, and pay-with-bank features designed to make payments easy and seamless.”

PayOn is designed for all business – no matter the size. Whether it is a small corner shop; a medium sized supermarket/boutique or a large enterprise with thousands of transactions daily, PayOn will help business owners receive payments for their goods and services.

Also, with PayOn, customers can pay for goods and services with value received in real-time with no delays. With PayOn, business can also incurs zero Integration fees,receive payments with or without website integration, receive payments from any card (local or international) and enjoys automatic invoicing for payments received.




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