Squad Receives Mastercard’s Award for Aceleratng Digital Acceptance in Africa
Posted By Town Crier News Nigeria
Published By Fitness Network Communications
Lagos, Nigeria – In recognition of its eorts to deepen digital payments acceptance for
businesses on the contenent, the fintech payment product of HabariPay, Squad, has received
an award for “Aceleratng Digital Acceptance in Africa” at the inaugural session of the
Mastercard EDGE 2022. The event was held to recognize outstanding fintech companies and
business leaders that are revolutonizing payments in various ecosystems.
The Mastercard EDGE – “Envision the Future of Digital, Gateways & e-Commerce Forum” –
took place on Wednesday, 12
October 2022, at the Internet City, Dubai. The event hosted
tech industry experts from across acquirers, PSPs, and payment technology innovators who
convened to discuss the future of digital payments in EEMEA and witness the recognition of
brands that are leading payment innovaon in Africa and beyond.
HabariPay was awarded for creang a turnkey solution, Squad, that allows merchants to
easily accept cashless payments in-store and online. Under Squad’s por8olio is its 9agship
SquadPOS soluon, which is a rst-of-its-kind payment technology in Nigeria that enables
merchants to accept card payments with NFC-enabled android devices. Its other soluons
include Squad Virtual Account, Squad Payment Link, Squad Storefront, and Squad USSD.
Speaking about the award, the Managing Director, HabariPay, Eduofon Japhet, said, “It is
indeed an honor for us to be recognized for our eorts toward driving digital payment
acceptance within the African landscape. We are deeply motivated by a passion for helping
merchants receive payments in an easy, e>cient, and cost-exective way so that they can
thrive in this ever-evolving digital economy. In building Squad, our goal was to create a
level-playing held for businesses to access a complete, affordable, and e>cient tool that
helps them receive payments online or in-store.”
“Though this product has only been in the market for a few months, we are excited to see
how much businesses are steadily adopting it to help simplify their daily business processes.
We are also inspired to see that our work at HabariPay is not going unnoticed, and we are
grateful to the Mastercard team for this recognition. We are encouraged to accelerate our
mission to simplify payments for businesses in Africa and will connue to work toward
leading innovaon within this payment ecosystem.” She added.
This recognition comes on the heels of the brand’s rst honor for “Innovative Mobile
Payment Solution of the Year” by Tech Innovaon Awards. The Tech Innovaon Awards
program was held in September 2022 to celebrate outstanding tech companies and leaders
deploying innovave technology services in Nigeria.
With a vision where every payment in Africa is digital, HabariPay launched Squad on the 1st
of June 2022 to provide reliable, affordable, and secure solutions to ensure that the process
of receiving online and o?ine payments are made easy.