VoguePay.com has won the best emerging online payment platform in Africa at the 2016 edition of the African Information Technology and Telecom Awards (AITTA) held in Accra, Ghana.
AITTA is an annual award that celebrate success, reward achievement and raise the profile of the Africa ICT stakeholders in promoting excellence in Africa ICT sector.
Akin Napthal, CEO of InstinctWave, organisers of the event said that VoguePay won the industry recognition as a result of its contribution to online payment in Nigeria, Africa and beyond
”This prestigious award is a benchmark for outstanding performance throughout the industry and symbol of excellence to mark of leadership, quality and innovation” CEO of Instinct-wave, publishers of Mobile world Magazine told participants at the event held at the Kempinski Hotel in Accra.
Receiving the award Micheal Simeon, CEO of VoguePay says his company is committed to championing online payment security in Nigeria, Africa and beyond.
VoguePay’s financial framework is designed to meet International Financial Reporting Standard (IFRS), he says adding that the platform deploys several second-level authentication protocols in order to prevent unauthorised access to merchant’s account.
Simeon stressed that these security algorithms include geo-location monitoring and behavioral pattern analysis systems, transaction patterns monitoring systems, IP monitoring, SSL Security Encryption, GeoTrust with EMV, audit trail, and data encryption technologies are actively in place to ensure security.
In his remarks, Geoffrey Weli-Wosu, co-founder/director of marketing and compliance, Voguepay.com noted that the award is well deserved given VoguePay’s innovative solutions, including being the first payment platform in Nigeria to offer free account opening for its merchants as well as offering its integration suite for free.
“Launched in 2012, VoguePay was created with a vision to make online, cross-currency payments and transactions safer, cheaper and more accessible for businesses, traders and consumers in Africa and internationally.
The platform offers both users and merchants an opportunity to transact without directly using their card or bank details.
With tens of thousands of clients, VoguePay says its integrated solutions and services is helping small and medium businesses (SMEs) to power their online payment infrastructure by offering free online payment integration to serve an estimated market audience of 20 million SMEs in Nigeria.
According to the organiser of the event, the award is a reflection of VoguePay’s continuous improvement as it earlier won The Best Internet Payment Platform in Nigeria in 2014 at the maiden edition of the DotCom awards.
Other award recipients include Nigerian Communications Commission (NCC), as African Regulator of the year and National Information Technology Development Agency (NITDA) for local Content Promotion in Africa and among others.