Interswitch Launches Tech-Driven Payment and Collection Platforms to Empower Gaming Operators
Interswitch, a leading African digital payments and commerce company, is pioneering a transformation in Nigeria’s gaming sector by introducing innovative payment and collection solutions designed to streamline operations and enhance user experience.
The unveiling took place during an exclusive industry event titled “Beating the Odds: Innovation and Solutions for Smarter Betting Operations,” where key stakeholders gathered to explore ways to improve efficiency and transparency in gaming transactions.
Held at the Radisson Blu Hotel in Victoria Island, Lagos, the event brought together regulators, operators, and industry players committed to adopting smarter, more efficient practices in Nigeria’s rapidly expanding digital gaming landscape.
Understanding the sector’s unique challenges, Interswitch’s new solutions aim to optimize payment flows, simplify collections, enable instant payouts, and deliver personalized experiences through reliable, technology-driven processes. These offerings are designed to improve operational efficiency, enhance customer satisfaction, and foster a more transparent ecosystem.
Osasere Atohengbe, Vice President of Sales and Account Management at Interswitch, emphasized the company’s commitment to empowering gaming businesses with scalable, intelligent tools. He stated:
*”At Interswitch, our goal is to equip businesses with innovative solutions that foster growth. We believe technology is a vital enabler—not just for operators but also for players seeking fast, secure, and seamless transactions. Our integrated payment and collection suite simplifies backend processes, from payouts to reconciliation, unlocking greater efficiency and scalability in a competitive market.”*
During his keynote, Adetoun Adeyemi, Director of Legal at the Lagos State Lotteries and Gaming Authority, expressed enthusiasm for the new solutions’ potential to revolutionize the industry:
*”We are excited about Interswitch’s innovative offerings, which will help create a more transparent, compliant, and responsible gaming environment. These tools will empower operators and regulators alike, supporting Lagos State’s vision of a well-structured gaming industry.”*
Key features include the Interswitch Payment Gateway, which enables real-time, seamless payments across multiple channels—cards, bank transfers, USSD, Quickteller, Google Pay, OPay, and more—via a unified platform, simplifying onboarding and transactions.
Additionally, the Paydirect platform offers multi-channel collections through online platforms, bank branches, agent networks, and POS terminals, all managed via a centralized dashboard for easy tracking, monitoring, and reconciliation.
To facilitate instant payouts, the Quickteller-powered funds transfer service allows operators to quickly disburse winnings and transfer funds nationwide, boosting player trust and satisfaction. The Static Virtual Account feature assigns unique virtual account numbers to individual customers, reducing errors, automating reconciliations, and providing operators with greater control over inflows.