The move underscores Interswitch’s ongoing contribution to strengthening public sector payment infrastructure and supporting Treasury Single Account (TSA) collections in Nigeria.

It also reflects the Federal Government’s sustained push to improve transparency, enhance revenue assurance, and enable real-time visibility into collections across Ministries, Departments, and Agencies (MDAs).

Through its integration with the RevOP platform, Interswitch continues to enable secure, end-to-end processing of payments initiated via the portal.

Transactions are seamlessly routed into the TSA framework, ensuring compliance with Federal Government financial regulations while supporting efficient and accountable revenue management.

Leveraging its robust payment infrastructure, Interswitch facilitates multiple payment channels, including card and digital payments, delivering a seamless and reliable experience for citizens, businesses, and government agencies fulfilling their payment obligations.

Speaking on the development, Muyiwa Asagba, managing director, INCLUSIO at Interswitch, said the company remains committed to supporting government-led financial reforms through secure and efficient payment solutions.

“Interswitch is proud to continue supporting the Federal Government’s drive toward greater transparency and efficiency in public revenue management. Our role on the RevOP platform reflects our commitment to delivering secure, seamless, and compliant payment infrastructure that enables all stakeholders to meet their obligations with confidence,” he said.

Interswitch’s continued role on the platform builds on its longstanding experience in supporting critical national payment infrastructure and collaborating with regulatory and financial institutions to drive digital transformation across Nigeria’s public sector.

Its infrastructure is designed to ensure high transaction uptime, real-time processing, and secure data handling, all essential for effective public revenue collection.

By deepening its participation on the RevOP platform, Interswitch further strengthens its position as a trusted partner within Nigeria’s evolving digital payments ecosystem, while continuing to support initiatives that promote fiscal transparency, operational efficiency, and sustainable governance across government institutions.

This integration enables OPay users to seamlessly make direct payments for goods and services on merchants’ websites from their OPay Wallet balance.

This strategic alliance aims to redefine the digital payment experience, providing users with a secure and frictionless payment solution.

The incorporation of OPay into the suite of checkout payment options on the Interswitch Payment Gateway (IPG) adds a new layer of convenience for users, complementing the existing array of payment methods such as Card, Quickteller, Transfer, QR, and USSD.

Muyiwa Asagba, managing director of Digital Commerce & Merchant Acquiring (Paymate) at Interswitch, emphasized the significance of this partnership in advancing the growth of digital payments in the country.

He stated,

“At Interswitch, our commitment is to cater to the evolving needs of consumers and merchants, fostering a more inclusive and dynamic digital payment ecosystem. Through our latest collaboration with OPay, we are excited to introduce a new dimension of payment convenience to users and merchants. This partnership reflects our dedication to introducing innovations that enhance the digital payment experience, and we are eager to witness the positive impact it will have on the entire payment ecosystem.”

Elizabeth Jerry, vice-President of App and Cards at OPay, underlines that OPay remains focused on its commitment to making financial services more inclusive through technology hence the partnership with Interswitch to deliver an innovative payment solution.

“The Pay with OPay product is a 2-step process that will bring an extremely convenient payment experience, a closed-loop solution that is secure, with a 100% success rate and stable network uptime. This cutting-edge solution affirms our customer-first and pure excellence in innovation with high adoption within the web payment sector. Interswitch urges both customers and merchants to embrace this transformative feature, capitalizing on the convenience, security, and flexibility it brings. The company remains steadfast in its determination to continuously innovate cutting-edge solutions, providing customers with the latest and most secure payment options available.

Worthy of note is the fact that OPay was recently recognized by Interswitch for its outstanding performance amongst FinTech’s in Nigeria at the TechConnect 3.0 event which took place in November.

As the digital payment landscape evolves, this alliance underscores Interswitch Group’s strong commitment to driving payment ecosystem collaboration and championing advancements that reshape the way financial transactions are conducted.

This reaffirms the Group’s dedication to delivering leading-edge payment solutions that empower users and merchants alike, setting new standards in the dynamic realm of digital payments.

This collaboration brings together the prowess of Interswitch’s extensive merchant network and the user-friendly efficiency of Google Pay’s digital wallet platform.

Google Pay is renowned for its seamless and secure payment solutions, making transactions a breeze, whether online or at brick-and-mortar stores.

With this integration, Interswitch is extending the benefits of Google Pay to its vast customer base and merchant network in Nigeria. Users can now enjoy the convenience and security of Google Pay’s features, such as tokenization and biometric authentication, adding an extra layer of safety to their financial transactions.

For Interswitch, this partnership with Google Pay aligns perfectly with its mission to promote financial inclusion in Nigeria and beyond.

By giving Nigerians access to this advanced digital payment solution, Interswitch is catalyzing a shift towards digital transactions while reducing the reliance on physical cash.

Muyiwa Asagba, Managing Director of Digital Commerce & Merchant Acquiring at Interswitch, expressed his enthusiasm for the integration, stating, “We are excited to introduce Google Pay on our payment gateway in Nigeria. Google Pay is a widely trusted platform, and by integrating it into our payment gateway, it demonstrates our commitment to providing innovative and cutting-edge solutions to businesses and their customers in the country.”

This strategic alliance with Google Pay represents a significant milestone in enhancing the customer experience within the digital payment landscape. Notably, Interswitch’s Payment Gateway has gained recognition as one of the few Sub-Saharan African platforms acknowledged by Google Pay, as listed here. This recognition not only underscores the exceptional quality and reliability of Interswitch’s payment solutions but also solidifies its leadership in Africa’s evolving digital payment industry serving as a testament to Interswitch’s dedication to providing world-class payment solutions across the region.

Interswitch encourages both its merchants and customers to embrace this exciting new feature and leverage the convenience, security, and flexibility that Google Pay brings to its payment gateway.

By consistently offering top-notch payment solutions, Interswitch ensures that Nigerians have access to the most advanced and secure payment options available.

The addition of Google Pay to their arsenal not only fosters financial inclusion but also enhances overall payment experiences.

This collaboration marks a pivotal step towards transforming the online payment ecosystem in Nigeria.

It creates an environment where businesses and consumers can thrive in a seamlessly interconnected digital world.

As Interswitch continues to innovate and provide cutting-edge solutions, its partnership with Google Pay is a testament to its commitment to improving the digital payment landscape in Nigeria, ultimately empowering individuals, and businesses alike. Together, they are forging a path towards a more secure, efficient, and inclusive digital future for all.

The unveiling event was held on Thursday, August 11, 2022, at the Zone Tech Park, Gbagada, Lagos, where developers were intimated with the benefits of integrating Interswitch APIs on their products.

The Interswitch API Platform comprises Internal APIs, Partner APIs, and Infrastructure APIs; designed to empower Africa’s digital ecosystem. It also serves as a one-stop shop for innovators in the tech ecosystem who seek to build viable, market-fit products that address local needs.

Over time, Interswitch has continued to champion the development of the continent’s technology ecosystem through strategic partnerships and the democratization of developer and business integration tools that help tech creators and small business owners produce market-ready products within a short period.

The company also announced that it has introduced a referral system to reward developers who refer merchants to use its APIs. Sunday Olaniyan, the business development manager for merchant acquisition at Interswitch said, “Developers will earn 5% of every transaction fee that Interswitch charges on their referred merchants for 5 years”. This is one of many planned incentives aimed at fostering innovation and supporting the creative economy.

Speaking at the event, Muyiwa Asagba, the Managing Director, Paymate, Interswitch Group, stated that the tech giant remained focused on providing digitally empowering products for developers and business owners who are crafting solutions for the everyday African.

Asagba said, “For two decades, Interswitch has consolidated its efforts in its support for the growth of the African tech ecosystem by availing developers with valuable resources that enable them to build commercially viable products with ease.”

“Away from that, we also take seriously the need to innovate so as to stay ahead of the pack, which is a core part of who we are as an evolving technology brand.”

Also speaking at the unveiling event, Abdul-Hafiz Ibrahim, Group Head, Engineering, Paymate, Interswitch, noted, “Launching our API Platform was driven by the need to make API integration seamless for developers without the bureaucratic hurdles that have characterized the API-integrating system over the past few years.”

“Not only are we making products and solutions development faster, but we are also creating an interface where developers can communicate, share ideas and offer solutions at an accelerated pace.”

To expand its goal of creating a sustainable African tech hub, Interswitch remains a firm supporter of initiatives that spur conversations around the evolution of the Nigerian, and in general, African tech ecosystem. This was expressed in its recent support of the Nigerian Fintech Forum where seasoned experts across sectors including Fintechs, telcos, and bank were in audience.