Sterling Bank Plc has launched a product called ‘OnePay for Business’, a mobile app that empowers merchants to use their mobile phones as Point-of-Sales systems. Introducing OnePay for Business in Lagos, the Group Head, Digital Banking, Sterling Bank, Dipo Alabede, said it met the need for a hygienic payment method in a COVID-19 world. “To pay merchants, customers have to open their OneBank app or any other bank mobile app to select the QR service option, validate and complete the transaction,” he said. Merchants could also accept payments anytime and anywhere by using the mobile app, he said. Oni said Sterling Bank was prepared to do business with credible partners and happy to partner with the NIBSS on the project.

Source: Punch April 18, 2021 23:22 UTC