Interswitch Collections (Paydirect)

Receive and monitor your inflow across multiple channels anywhere in the country.

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Overview

Interswitch Collections (Paydirect) is a powerful collections solution designed to enable businesses receive payments in real-time from payers at any bank branch or via multiple payment channels such as Web, Quickteller (Web, Mobile and ATM), USSD, POS terminals. and more regardless of the time or location.

Paydirect is also a collections solution that enables Partner Banks accept collection payments from multiple walk-in customers on behalf of Billers (Businesses) that have been configured or setup on Paydirect to receive monies from these multiple payers.

Why Choose Interswitch Collections

  • Multi-Channel Payments

    Accept payments from various platforms, including Bank Branches, Quickteller Mobile, ATM, POS, and QT-SVA API.

  • Real-Time Transaction Reporting

    Monitor payments and settle transactions instantly for quick reconciliation.

  • Flexible Settlements

    Billers can receive flexible settlement options (T+1, T+7, T+30) based on preferences.

  • Instant Value to Payers

    Billers provide immediate value for services paid, ensuring customer satisfaction.

  • Report Customization

    Consolidated view and customized report of all payment to suit all business needs.

  • Full Integration

    100% integration to all banks in Nigeria for collections because limitations of reaching customers are no longer a problem.

  • Dedicated Support

    24/7 support infrastructure to resolve all customer payment disputes and any other challenge they might have.

Unique Value Proposition

  • Multi-channel flexibility
  • Real-time payments and settlements
  • Seamless integration with existing ERP systems
  • Instant notifications for Billers and the CBN
  • Secure, two-factor authentication
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