CBN Licenses Parkway Projects Limited as Payment Solution Service Provider (PSSP)

CBN Licenses Parkway Projects Limited as Payment Solution Service Provider (PSSP)
February 17, 2016 Parkway Projects

Lagos, January 2016: Today, the Central Bank of Nigeria (CBN) issues a license to Parkway Projects Limited to operate as a Payment Solution Service Provider (PSSP) in Nigeria.

Having satisfied the systems and operational requirements as prescribed by the CBN, and aligned with International best practices, the CBN granted a PSSP license to Parkway Projects.

Mr. Uzo Eziukwu, MD/CEO of Parkway says, ‘‘this development has made the company further poised in extending its financial payment solution across all spectrum of our financial ecosystem in Nigeria”. “Leveraging our many years of experience in payments, we are very well positioned to make a huge success as customers can be assured of our commitment to a quality, robust and secure solution delivery. We understand that with this license, the CBN has further charged us with the responsibility of ensuring payment solutions that strengthens the Nigeria payments system”, he added.

InfoGrid®-Bank3D Corporate Payment Suite is a robust, secure, service-oriented, multi-tenancy electronic banking framework on which various corporate & retail banking solutions are plugged.  InfoGrid®-Bank3D delivers 3-Dimensional focus on the Bank, the Bank’s corporate & the Retail customers. Some of the features are:

Key Features

  • Multi Affiliate and Multi-Channel Capabilities
  • Exchange Control Management
  • Robust System & Users Administration
  • Flexible Payment Routing and Transaction Processing
  • Accounting Sub-system
  • Intuitive Reporting
  • Corporate Service Portal

Parkway is a leading financial technology provider creating modern banking experiences, localized and delivered through Africa’s leading banks to businesses and individuals across the continent. Parkway provides simple, intuitive, end-to-end corporate, retail and transaction banking solutions. The company’s expertise and pedigree has clearly enhanced its solution offerings, setting it ahead in many ways.