Wema Bank Teams Up with Enza Group to Revolutionize E-commerce Payments

Wema Bank has entered into a strategic partnership with the payment platform, enza group, to offer businesses enhanced and cost-effective payment options with a focus on security and reliability.

In an official statement, the payment platform revealed that this collaboration aims to leverage its advanced payment solution to bolster Wema Bank’s e-commerce payment capabilities.

This endeavor is poised to elevate the service quality for merchants, fortify payment security measures, bolster service dependability, and notably curtail operational expenses through refined transaction optimization.

Tunde Mabawonku, Wema Bank’s Executive Director of Retail and Digital Business, commented on the partnership, expressing that it will empower the bank’s clientele to embrace a broader array of payment alternatives, spanning diverse payment cards, e-wallets, and more.

The optimized and robust payment processes, he asserted, will ensure swift and effortless transaction completions, thus enhancing the comprehensive customer experience for both payers and recipients.

Damola Bolodeoku, Divisional Head of Payment Business at Wema Bank, said, “Being an establishment renowned for its pioneering role in the digital landscape of the banking sector, we are thrilled to join forces with enza group to introduce a groundbreaking e-commerce payment gateway solution. This synergy underscores our commitment to expanding our e-commerce payment capabilities and providing elevated value to our customers through all channels.”

Hany Fekry, the Chief Executive Officer of enza group, highlighted the mission of the organization to simplify payments across the region, facilitating seamless and secure transactions throughout the Middle East and Africa. This fresh partnership with a leading Nigerian bank, he added, serves to expedite their progress towards this overarching objective.