OmniPay Unveils Innovative Payment Solutions and Rewards Distributors at First Distributors’ Gala Night

CEO of OmniRetail, Mr. Deepankar Rustagi (4th from left), and some of the awarded distributors of OmniPay during the OmniPay Distributors Gala Night and Awards held at Ikeja, Lagos.

OmniPay has reaffirmed its dedication to Nigeria’s distribution sector by unveiling new payment and trade support solutions, while honouring its distributors during the inaugural Distributors’ Gala Night and Awards 2025.

The event, themed “Together We Grow,” brought together distributors, partners, and company executives to recognise the vital role distributors play in maintaining Nigeria’s supply chain amidst escalating costs and economic uncertainty.

Addressing attendees, OmniPay’s Business Head and Head of Finance, Vachan Lohia, stated, “This is not just a celebration. It is a recognition of the resilience and consistency we see from distributors every day. We’ve grown together, and OmniPay’s journey is closely tied to the work you do.”

Distributors in Nigeria have faced increasing pressures in recent years, driven by currency volatility, rising consumer goods prices, and dependence on imported raw materials. Lohia explained that OmniPay was designed to assist distributors in navigating these challenges by combining their working capital with structured financial support.

He outlined that the platform facilitates seamless payments to manufacturers, simplifies reconciliation processes, and provides access to multiple virtual accounts, enabling distributors to receive payments from customers across various banks without delays.

“This improves confirmation time and cash flow, which are critical for day-to-day operations,” he said.

Lohia also highlighted that the OmniPay app offers an all-in-one financial platform, allowing users to collect payments from customers and make payments to manufacturers conveniently from a single interface.

Looking to the future, he announced plans to introduce new features aimed at enhancing flexibility and earnings for distributors. One such initiative is ‘Sales as a Service,’ which enables distributors to lock in funds and place orders with manufacturers later, aiding more strategic inventory management.

Additionally, OmniPay launched its new OmniCard, a debit card designed to provide greater value for distributors and merchants within its network.

During the launch, Maywa Ali, Head of Payments at OmniPay, explained that the OmniCard was developed to move away from the transaction charges typical of traditional cards.

“Every time you use the OmniCard on any of our POS terminals, you earn cashback,” Ali said, emphasising that the card is meant to reward usage rather than penalise it.

He further noted that the OmniCard supports fast swipe and tap transactions across OmniPay’s POS network, enhancing transaction speed and efficiency. Beyond facilitating payments, Ali mentioned that frequent use of the card helps users build their credit profiles on the platform, unlocking access to higher loan limits over time.

Lohia also revealed plans to deepen engagement with distributors through regular meetings and to expand OmniPay’s reach beyond Lagos and Abuja into additional Nigerian states.

The event featured interactive games, cultural performances, and award presentations, providing distributors with opportunities to connect beyond the pressures of daily business.

In his closing remarks, OmniPay CEO Deepankar Rustagi expressed gratitude to distributors for their loyalty and trust, reaffirming the company’s commitment to their growth and positioning OmniPay as a partner in their success rather than merely a payment solutions provider.

Looking ahead to 2026, the company emphasizes its focus on developing practical tools, expanding its geographical presence, and strengthening partnerships — all grounded in the belief that sustainable growth in Nigeria’s supply chain hinges on comprehensive support for distributors.

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