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Interswitch Launches Smarter Gaming Payments in Nigeria


Interswitch, an integrated payments and digital commerce company, has transformed Nigeria’s gaming landscape with the introduction of a bespoke suite of payment and collection solutions.

The new offerings were unveiled at an exclusive industry event themed “Beating the Odds: Innovation and Solutions for Smarter Betting Operations,” held in Lagos recently, according to a statement on Wednesday.

The solutions are designed to optimise payment flows, simplify collections, enable instant payouts, and personalize the player experience through reliable, tech-driven processes. With a deep understanding of the unique challenges and opportunities in the gaming sector, Interswitch’s integrated solutions aim to boost operational efficiency, streamline collections, and improve customer satisfaction.

Vice President, Sales and Account Management, Interswitch, Osasere Atohengbe, reaffirmed the company’s commitment to empowering businesses with intelligent and scalable solutions, saying, “At Interswitch, our mission is to enable businesses with the right tools to thrive.

We see technology as a powerful enabler, not just for gaming operators, but also for the players who expect fast, secure, and frictionless experiences.”

The Director of Legal, Lagos State Lotteries and Gaming Authority, Adetoun Adeyemi, who represented Bashir Are, Chief Executive Officer, Lagos State Lotteries and Gaming Authority, lauded the initiative and emphasised its potential to transform the entire gaming ecosystem.

“We are truly excited about the potential of Interswitch’s Integrated Solutions Suite to significantly impact the gaming industry. These innovations will not only provide operators with smarter, more efficient tools but also empower us, as regulators, to foster a transparent, compliant, and well-structured ecosystem,” he stated.

The solutions include the Interswitch Payment Gateway, which facilitates seamless, real-time payments across various channels, and the Interswitch collections platform, Paydirect, which allows operators to accept payments through multiple channels. The suite also features a Quickteller-powered funds transfer service for instant disbursements and a Static Virtual Account (Pay with Transfer) feature for simplified deposit identification and automated reconciliation.

Interswitch’s commitment to delivering comprehensive business enablement for gaming operators is underscored by its expanded portfolio of solutions, including the Interswitch Corporate 360 (IC360) platform and the Enterprise Rewards Solution. These solutions aim to drive operational efficiency, enhance customer engagement, and improve user experience for gaming operators.

By introducing these innovative payment solutions, Interswitch is redefining the future of Nigeria’s gaming industry, empowering gaming operators to enhance compliance, increase efficiency, and build deeper relationships with customers.

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