The Lagos State Government South West Nigeria is adopting the use of electronic channels in the payment of taxes, levies and other government payments in collaboration with the a fintech and e-payment firm, Interswitch.
In a statement announcing the partnership, the Governor of the state, Mr. Akinwunmi Ambode said that the initiative is to ensure that the government improves on the quality of service delivery to our people. He said that effective 1st March 2018, no payment or taxes will be made by cash henceforth across the State saying tax payers should be able to pay all legitimate taxes and bills through all payment channels at their own time and convenience. The transaction process is now going to be everyday, anytime and on weekends.
“Interswitch has been at the forefront of efficient and secure public sector payments and collections at National and State levels for quite a while now, and we are confident in their ability to provide strong support and the state-of-the-art payment infrastructure, comparable to such obtainable anywhere in the world as well as the capabilities required to facilitate seamless implementation of this policy in a state like Lagos.”
In his remark, Mitchell Elegbe, founder and Group Chief Executive Officer of Interswitch, said “over the last few years, we have invested extensively in building and continuously developing a variety of payment channels which facilitate real-time transaction through any means desirable by all parties within the payment process.
“Our vision at Interswitch is an Africa where payment becomes a seamless part of our everyday lives, and we are resolutely committed to working with Lagos State to embrace a fully digital future, in line with our resolve to continue to create digital transaction solutions that enable individuals and communities prosper across Africa.
“Going into the implementation of this, Interswitch will ensure that the full-breadth of our multi-layer platforms would henceforth be deployed for use by all government Ministries, Agencies, Parastatals, Associated Companies and Units.”
In view of this partnership, all LASG payments will now be possible through multiple channels including physical payments in any branch of any bank, and using Interswitch solutions such as Interswitch Paydirect, Interswitch Payment Gateway, Quickteller Paypoint, and Mobile Apps/USSD codes of LASG MDAs, thus boosting real-time cashless payments directly to the State Treasury.
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