Enza, Wema Bank join forces to expand Nigeria's e-commerce payment acceptance.

Enza, an African fintech company, has partnered with Nigeria’s Wema Bank, to increase e-commerce payment acceptance in Africa.

As part of this collaboration, Enza will engineer its payment management solution to expand Wema's ecommerce payment capabilities.

According to the companies, Enza’s payment service will provide a variety of benefits to Wema customers, including access to an expanded suite of payment processing features that will allow them to accept a broader range of payment choices.

This cooperation is a step forward in Wema's digital transformation path, boosting payment innovation in Nigeria, say the companies.

"Our mission is to simplify payments across the region, thereby enabling seamless and secure transactions across the Middle East and Africa," says Enza CEO Hany Fekry. "This new collaboration with a Nigerian bank accelerates our progress towards that goal."

Tunde Mabawonku, executive director of retail and digital business at Wema Bank, says the innovation would enable the bank's clients to adopt a broader range of payment options.

Mabawonku says the streamlined payment processes would enable the timely completion of transactions, enhancing customer experience.

Damola Bolodeoku, divisional head, Payment Business, Wema Bank says: “We eagerly anticipate expanding our online payment capabilities and providing greater value to our customers through all channels as a result of our collaboration."