Interswitch Group, a leading African integrated payments and digital commerce company, has been unveiled as the key sponsor of the 2024 CeBIH Conference, reinforcing its commitment to driving innovation in Nigeria’s payment ecosystem.
The Committee of e-Business Industry Heads (CeBIH) annual conference, held at the Eko Convention Centre, Lagos, focuses on the theme: “Payment System Vision 2030: Navigating Contemporary Issues in Driving Future Growth.” The event gathers electronic business practitioners from Nigeria’s banking sector to discuss strategies for advancing electronic banking services and achieving global best practices.
Advancing Payment System Vision (PSV) 2030
The Payment System Vision 2030 (PSV 2030), developed by the Central Bank of Nigeria (CBN), is a strategic framework aimed at shaping the country’s payment systems over the next decade. Building on the successes of the PSV 2020 initiative, this vision focuses on:
- Financial Inclusion: Expanding access to financial services across Nigeria.
- Innovation in Payments: Driving digital innovation in the payments sector.
- Digital Economy Growth: Supporting broader economic advancements through technology.
Mitchell Elegbe, Founder and Group Managing Director of Interswitch, delivered the keynote address titled “The Impact of Globalization and the Gig Economy on Inclusive Payment Systems in Nigeria.” He emphasized Interswitch’s alignment with the goals of CeBIH and PSV 2030, stating:
“We are proud to support CeBIH and the 2024 CeBIH annual conference as it aligns perfectly with our vision of building seamless, secure, and future-ready payment systems for Africa. Together, we aim to address the evolving challenges in digital payments and contribute to the development of a robust, inclusive, and sustainable digital economy across Africa.”
Key Outcomes of the CeBIH 2024 Conference
The conference aims to generate policy recommendations that foster innovation and sustainability within Nigeria’s payment ecosystem. Topics discussed include addressing the challenges of globalization, leveraging the gig economy, and promoting inclusive payment solutions.
Interswitch’s Commitment
By sponsoring the CeBIH 2024 Conference, Interswitch reinforces its leadership in transforming Nigeria’s payment landscape. The partnership demonstrates the company’s dedication to creating innovative, inclusive, and secure payment systems that support economic growth and financial inclusion across Africa.
As the conference concludes, stakeholders anticipate actionable insights that will drive the future of Nigeria’s payment systems and support the realization of the PSV 2030 vision.
