WED, 21 SEPT, 2022-theGBJournal| Access Holdings Plc (AccessCorp) today announced that it has received the Central Bank of Nigeria’s approval for the establishment of its wholly owned payment subsidiary, Hydrogen Payment Services Company Limited (Hydrogen).
The new subsidiary, according to AccessCorp, will provide switching and payment processing services to financial service providers and other stakeholders. Its vision is to Africa’s most powerful business network.
Dr. Herbert Wigwe, Group Chief Executive Oficcer, Access Corporation said, the establishment of Hydrogen is a natural step in the Banks aspiration to create a globally connected community and ecosystem; inspired by Africa for the world and aligns with the bank’s mission to build and sustain one global platform, open for anyone to join where people can be connected to exceptional opportunities.
‘’Hydrogen will deploy cutting edge technology infrastructure, strong riskmanagement and governance standards to provide secure, cost efficient and convenient payment services to individuals and businesses across the African continent thereby supporting the attainment of the Central Bank of Nigeria’s financial inclusion strategy,’’ Wigwe added.
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