QorePay has disclosed that it aims to improve online payments for 50,000 small businesses.

The firm noted this at its launch event, where it stated that it hopes to deepen financial inclusion in the country by empowering Small and Medium Enterprises. In a statement, the Co-founder and Chief Executive Officer of QorePay, Mr Joshua Owoyemi, said the firm hopes to achieve its aim by providing simple and easy-to-use solutions for all business segments in the country.

He said, “Sometimes payments processing in Nigeria can be cumbersome, it can be time-consuming, sometimes it’s not affordable. QorePay is being launched to address these issues by providing seamless, secure, simple, affordable payment solution for all.

“We also want to unlock the potential of the Nigerian markets. We see the growth of mobile phones and internet penetration, these actually provide a field for FinTech to be able to explore and to be able to create solutions for all Nigerians to be financially included.”

He added, “We understand the world we live in today, which is basically technology-based. We are creating a solution that is easy to use and with the advantage of being able to detect fraud in real time.”

Also speaking, the co-founder and Chief Financial Officer of QorePay, Mr Tolani Ogunsola, noted that one of the firm’s core strategies is to go out to small businesses across Nigeria to bring them into the payment system. According to him, the target is to onboard over 50, 000 small businesses and provide them with the solutions that can help them grow their businesses leveraging technology.