He received the commendation and accompanying gift during an ICT stakeholder session which held recently in Lagos.

The CEO’s presentation, titled “Driving Digital Transformation across Africa’s Payment Landscape,” led to an engaging discourse on Nigeria’s payments industry.

The presentation also garnered commendation on the brand’s impact on the industry’s rapid transformation and highlighted the company’s role in fostering growth within Nigeria’s creative economy.

SeerBit is a pan-African payment gateway that enables businesses to collect and manage payments both online and offline across Africa.

The startup offers a comprehensive suite of payment solutions tailored to various business needs, inclu​ding online payments; in-person payments, and virtual accounts.

SeerBit also offers payment links where businesses without a website, SeerBit offers payment links that can be shared via social media, email, or chats, enabling quick and secure payments.

In August 2023, SeerBit launched “SeerBit Alpha,” an embedded finance solution that empowers businesses to offer their own branded financial services, such as digital banking and international remittance platforms.

Operating in multiple African countries, including Nigeria, Ghana, Kenya, Senegal, Côte d’Ivoire, Uganda, Tanzania, and Burkina Faso, SeerBit aims to bridge payment gaps by providing innovative technology solutions tailored to the unique needs of African businesses.

This collaboration will provide Sabre’s clients with access to SeerBit’s powerful payment infrastructure, delivering seamless, secure, and efficient payment processing for transactions and other value-added services across web, mobile, and offline channels.

Despite the travel industry injecting nearly $10 trillion into the global economy in 2013, equivalent to 9.1% of global GDP, significant payment challenges continue to frustrate the growth of the sector.

These challenges include the complexities of cross-border transactions, fragmented payment methods, payment security and fraud, fluctuations and pricing transparency, interoperability, chargebacks and dispute resolution, among others.

The payment challenges in the travel industry call for lasting solutions to bridge existing gaps and unlock the sector’s full growth potential. Currently, the industry supports 449 million jobs, accounting for 12.2% of the global workforce and is projected to contribute $16 trillion to the global economy by 2034, representing 11.4% of the global economic landscape.

To address these persistent challenges, SeerBit has joined forces with Sabre to deliver innovative solutions that streamline payment processes and enhance operational efficiency within the travel sector.

With this strategic partnership, Sabre will integrate SeerBit’s solutions into its travel technology platform, enabling airlines, travel agencies, global travel service providers and travellers to process payments faster and more efficiently, while ensuring compliance with local and international regulations.

Making the announcement at a brief parley recently, Omoniyi Kolade, founder and CEO of SeerBit said,

“For us, this combination of advanced payment technologies with innovative travel solutions comes at a pivotal moment in the travel industry. Our payment solutions are uniquely designed to simplify complex processes. By integrating with Sabre’s platform, we are providing travel businesses with the tools they need to enhance their services and deliver delightful experiences for their customers. We are confident that this collaboration will significantly contribute to the rapid evolution of the global travel ecosystem, particularly by making fast, secure and efficient payment processing accessible for all stakeholders in the value chain.”

“We are delighted to announce our partnership with SeerBit to engineer innovative payment capabilities that empower African travel businesses,” said Dare Olayiwola, senior regional director at Sabre Travel Solutions, Central West Africa. “Africa is a key growth market for our organisation, and we are excited to work closely with SeerBit to support the evolving travel ecosystem across the continent.”

Equally important, the alliance between SeerBit and Sabre is set to bring substantial benefits to the travel industry.

With the integration of SeerBit’s advanced payment technology, Sabre’s clients will gain unrivalled efficiency in transactions across multiple platforms and payment options, ensuring real-time, frictionless payments for bookings, reservations, and other services for operators within the travel ecosystem.

The partnership enables millions of Kuda retail customers to make seamless payments on SeerBit’s checkout platform without inputting their card details, further assuring the security of their transactions.

At checkout, Kuda customers can now look out for the ‘Pay with SeerBit’ option on Nigerian websites and apps when making online payments. Customers can then select Kuda for bank transfer payments and complete the transaction by generating a Pay ID from the Kuda app.

This collaboration empowers businesses of all sizes to provide a wider range of bank account payment options at SeerBit checkout, giving consumers increased flexibility in their payment choices.

Confirming the recent announcement, Omoniyi Kolade, CEO SeerBit, said:

“We believe everyone deserves access to convenient, accessible and secure payment options. Our partnership with Kuda offers an opportunity to expand our bank network and offer our customers a solution that caters to a broader customer base, thus fostering financial inclusivity and driving business growth.”

Noting the benefits of the collaboration, he added that:

“This partnership caters to an even wider range of customers by offering Kuda as an alternative bank account payment method. Beyond the enhanced payment options, customers can also rely on several other benefits such as convenience and reduced exposure to fraud, while leveraging the robust security features of both SeerBit and Kuda for a safe and secure checkout experience.’’

Speaking about the partnership, Musty Mustapha, managing director, Kuda Microfinance Bank, said: “Our partnership with SeerBit underscores our commitment to providing secure and user-friendly financial services. With their Kuda Pay ID, our customers can make online payments without the fear of exposing their debit card details, ensuring peace of mind in every transaction.”