Redtech Introduces RedPay — A Unified Payment Platform for Nigerian Businesses
Redtech has unveiled RedPay, an ambitious payment solution that consolidates online, in-app, and in-store transactions into a unified dashboard — a move aimed at simplifying payment processing for businesses across Nigeria and beyond.
The launch event in Lagos drew attention from stakeholders in finance, retail, telecom, and government sectors, highlighting growing demand for reliable digital payment infrastructure.
According to Redtech’s CEO, RedPay was built to solve persistent payment challenges African businesses face — delivering secure, fast, and efficient money-movement so companies can spend less time on administration and more on growth.
The platform offers a full suite of services, including an e-commerce payment gateway, point-of-sale (POS) terminals for in-store payments, virtual and physical payment cards, e-invoicing, disbursement services, and value-added services like bulk SMS and airtime top-ups.
Redtech is already no stranger to large-scale payment processing — in 2024, the firm handled over ₦12 trillion in payment transactions across various sectors such as hospitality, retail, energy, insurance, and banking.
This track record provides a solid foundation for RedPay and positions it to become a backbone for businesses seeking streamlined, integrated payment solutions.
Given the increasing adoption of digital payments in Nigeria — evidenced by rising transaction volumes as reported by the Central Bank of Nigeria (CBN) — RedPay’s launch comes at a critical moment for businesses transitioning to cashless operations.
The introduction of RedPay marks a significant milestone in Nigeria’s fintech evolution. By offering a comprehensive payment ecosystem under one dashboard.
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