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Grand Towers Announces Payment Terminal Service Provider (PTSP) Rollout

Grand Towers Announces Payment Terminal Service Provider (PTSP) Rollout

Grand Towers Plc has announced the July rollout of its Payment Terminal Service Provider (PTSP) to support Nigeria’s adoption of electronic payment channels, backed by a $5 million investment and collaboration with NIBSS and commercial banks for comprehensive support and maintenance.

Grand Towers Plc has unveiled plans to launch its Payment Terminal Service Provider (PTSP) by July, supporting Nigeria’s nationwide adoption of electronic payment channels.

During a media briefing in Abuja, Mr. Udo Botha, Managing Director of Grand Towers Holdings – South Africa, and Mr. Ugochukwu Duru, MD of Grand Towers Asset (Nigeria), detailed the company’s strategy.

This initiative aims to deliver dedicated technical solutions through various e-payment and mobile payment services, emphasizing efficiency, cost-effectiveness, and user-friendliness with robust IT solutions and equipment.

The collaboration with NIBSS and select commercial banks will provide support and maintenance services to merchants using POS terminal devices. With an investment totaling five million dollars, the system is market-ready and designed to meet the needs of Nigerian businesses, supported by comprehensive technical, administrative, training, and maintenance services.

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