A member of the Vigeo Group and licensed Payment Terminal Service Provider (PTSP), CitiServe Limited, says it is poised to take advantage of ongoing reforms in the power sector to provide innovative and convenient payment services.
The technology firm at the weekend said it has empowered its network partners to provide essential payment services for pre-paid metres in some Electricity Distribution Companies (DISCOs).
Its Chief Executive Officer, Lola Ogunbambi, listed some of the services of the company to include utility tokens and credit for telephone, power and pay television (PayTV), among others.
She said network partners can provide these services from the comfort of their homes, with flexible tools and work hours to consumers in their neighborhood.
According to her, the availability of door-to-door services would now be possible for the first time in the evolution of the power sector, adding the synergy would provide a win-win situation for stakeholders. Beyond payment channels to electricity consumers, other services by the CNPs in the value chain of electricity distribution include customer enumeration, meter reading and bill distribution to provide convenience. Prior to the advent of CBN’s cashless policy, the firm was actively involved in electronic vending distribution (EVD), focused on the sale of Personal Identification (PIN) based products from its ORANGE WORLD platform. The platform, she explained is built to provide convenience, efficiency and value added services to consumers.
“The strategy was, and still is, to increase distribution and access to services it provides nationwide, reaching every ward in each state of the country. As an EVD company, CitiServe has over twenty thousand partners including private individuals, beneficiaries from states government and non-governmental agencies nationwide on its network, developed as an empowerment strategy -to provide income avenues through commissions earned on sales of numerous products and services available on the channel in their neighborhood,” he said.