Cellulant, ‘Leading Payment Platform Solutions’ in Nigeria; What it is Doing Differently Nigerian payments company, Cellulant was recognized as the Payment Platform Solutions Provider of the Year in Nigeria at the 13th Beacon of ICT Awards 2022.
The award is a recognition of Cellulant’s work in providing a payments platform that focuses on driving merchant business and digital payments for local, regional and global merchants in the continent and digitizing both online and offline payments. Renowned businesses such as Emirates, GIG logistics, Coldstone, Bolt, Dominos and Ethiopian Airlines to name a few, have partnered with Cellulant to use its Tingg digital payments solution as a single collection gateway in Nigeria. Simplifying its product, Cellulant unified its offering into Tingg — a digital payments platform that addresses the complex needs of managing different payment channels for a business. This has made it easy for businesses to conveniently and affordably accept payments from a single integration. Customers can make payments for goods and services using locally relevant payment options. Founded in 2003, Cellulant has more than 18 years of experience providing locally-relevant payment solutions for businesses and its consumers. The company’s evolution over the years, from a digital content business to mobile banking and now to payments, has allowed the company to build an expansive network, strong relationships and partnerships. The award was presented to Cellulant Nigeria by Communication Week Media Limited, the publisher of Nigeria Communications Week. The annual event recognizes leading players in the ICT sector in Nigeria whose outstanding achievements contribute to the industry’s growth. The theme of the Awards Ceremony was “Impact of Blockchain Technology in a Digitalized Nigeria”. The company provides a unified, single-contract, and single API payments platform — named Tingg- that makes it easy for businesses to receive and make payments; while allowing anyone to pay from their mobile money, local and international cards, or directly from their bank. Today, Cellulant has an office presence in 18 countries, including Nigeria, with a payments platform connecting thousands of businesses with 257 payment options across 35 countries. The platform powers payments for 200 million consumers on a single inclusive network for interoperability across Africa. Speaking on the recognition, Opeyemi Fowler, Cellulant’s Head of Enterprise Sales stated: “The digital payments landscape in Nigeria and Africa is evolving rapidly with differing payment channels such as card, mobile money, bank transfer and cash — with volatile currency fluctuations and no single settlement framework. This is creating a highly fragmented landscape for businesses whose customers increasingly request to pay for their purchases using digital payment options. Every day, our job at Cellulant is to work with our customers and partners to solve this fragmentation in payments.”