Xpress Payments leans on AI for next growth phase

Xpress Payment Solutions Limited has unveiled plans to deploy Artificial Intelligence (AI) and the Internet of Things (IoT) to power the next phase of its growth, following a decade in which the company processed transactions worth trillions of naira and expanded its footprint in Nigeria’s digital payments ecosystem.
The Managing Director and Chief Executive Officer of the company, Wale Olayisade, disclosed the plans in Lagos during a public lecture organised to commemorate the firm’s 10th anniversary.
Olayisade said the company’s journey reflects the rapid evolution of digital payments in Nigeria, noting that it had grown from processing no transactions at inception to handling tran...