Home Big Story NCS, SystemSpecs seal deal to ease payments with Remita

NCS, SystemSpecs seal deal to ease payments with Remita

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SystemSpecs, the Nigerian software maker behind Remita, has offered a key waiver to the Nigeria Computer Society [NCS], to afford over 10,000 members of the frontline technology body the opportunity to remit their annual dues through the e-payment system.[blockquote right=”pull-right” cite=”John Obaro, Managing Director/CEO, SystemSpecs”]“The immigration recruitment tragedy could have been avoided with proper use of technology. In the IT world, nowhere is examination administered in a stadium. However, do not be discouraged that no member of NCS is present at the ongoing National Conference. Do not allow that to deter you from going ahead with the activities you have lined up for NCS.”[/blockquote]

Both entities reckon that the partnership is a big boost to the cashless policy of the Central Bank of Nigeria to promote the use of alternative technology channels that will replace physical cash across the country.

With this development, NCS individual members would issue standing orders via Remita to their respective banks, and the banks would remit the various payments to NCS’ bank accounts, the Nigerian technology company announced.

To demonstrate its commitment towards ensuring that NCS members fully embrace the electronic remittance initiative in compliance with the CBN’s policy, SystemSpecs has waived its normal standing orders fees for NCS members for the 2014 annual dues, the company said.

John Obaro, Managing Director/CEO, SystemSpecs, said that, “With this gesture, our objective is obvious. We want to reduce people’s need for handwriting cheque. We want to reduce the need to make payments using physical cash. For routine payments like membership fees, subscription payments etc, you do not have to keep writing cheques all the time. Individuals can use Remita to hand-write a cheque normally or issue standing order payments. These are what the CBN’s cashless policy is about”.

David Adewunmi, President of NCS said that the strategic partnership would assist organisations to identify, support innovation efforts and build capacities to help “realize the huge potential in Africa’s fledging market”.

SystemSpecs said that Remita has grown into a robust, integrated electronic payment platform deployed by banks, governments and corporate organizations for electronic payment, collection and payroll processing.

“It helps corporations and individuals to seamlessly adopt e-payment practice, which is the cardinal objective of the CBN’s cashless policy”, the tech company says.

According to Obaro, “the solution helps organizations and banks to comply fully with the CBN’s Guidelines on end-to-end electronic payment of all forms of salaries, pensions, suppliers and taxes in Nigeria. Users can make payments into accounts in commercial banks, micro-finance banks, mortgage banks and mobile wallets. Users can issue standing order payments for recurring payments, initiate, authorize and monitor payments securely from remote locations, among others.”

In its over 35 years of existence, NCS has become the nation’s foremost information technology network with over 10,000 membership strength comprising IT professionals, interest groups and stakeholders with footprints in business, government and academia. It sits on the board of several national policy-making institutions such as National Information Technology Development Agency (NITDA).

Also commenting on the policy environment, Obaro expressed concern at the absence of IT professionals at the ongoing National Conference dialogue in Abuja, saying that the proper deployment of technology could assist the country to address some of its perennial challenges better.

He drew attention to the recent disaster that occurred because of poor management of the recruitment exercise embarked upon by the Nigerian Immigration Service (NIS).

“The immigration recruitment tragedy could have been avoided with proper use of technology. In the IT world, nowhere is examination administered in a stadium.  However, do not be discouraged that no member of NCS is present at the ongoing National Conference. Do not allow that to deter you from going ahead with the activities you have lined up for NCS”, he said.  NCS’ advocacy has led to the establishment of Computer Professionals Registration Council of Nigeria (CPN), NITDA and the Ministry of Communication Technology.

Accompanied by a strong delegation of NCS executives, Adewunmi presented NCS IT Personality of the Year Award 2013 to Obaro due to his absence at the initial event held late last year.

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