• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, August 24, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Interswitch Eases Pension Remittance With PensionRemit Launch

by Olushola Bello
2 months ago
in Business
Interswitch
Share on WhatsAppShare on FacebookShare on XTelegram

Interswitch has launched PensionRemit, a fully automated platform designed to help employers comply with the recently introduced Pension Contribution Remittance System (PCRS)

Advertisement

The new system, mandated by the National Pension Commission (PenCom) and the Pension Fund Operators Association of Nigeria (PenOp), took effect on June 1, 2025.

Fully compliant with the PCRS framework, Interswitch PensionRemit is an approved Payment Solution Service Provider (PSSP) authorised to operate under the new system. Designed for ease and efficiency, the platform enables employers to upload contribution schedules, validate Retirement Savings Account Personal Identification Numbers (RSA PINs) and Pension Fund Administrator (PFAs) in real time, and complete secure payments, all in one seamless flow.

Speaking on the launch, the managing director, Commercial Inclusion (Interswitch Inclusio), Muyiwa Asagba said that Interswitch remains focused on enabling business growth through innovation:

“Our focus has always been on removing friction and unlocking growth for businesses. With Interswitch PensionRemit, we are delivering a digital infrastructure that empowers employers to meet their pension obligations effortlessly and at no cost. This is in line with our mission to drive inclusive financial participation through innovation,” he stated.

RELATED

Passengers Face Flight Delay As Multiple Bird Strikes Hit Air Peace Aircraft

4 Months To Yuletide: Air Peace, United Nigeria Jack Return Tickets To N677,000

6 hours ago
Equities’ Investors Lose N201bn W-o-W Amid Post-MPC Rebalancing

Broad-based Selloffs Deepen Market Losses By N2.29trn W-o-W

6 hours ago
ADVERTISEMENT

Vice president, Sales and Account Management, Interswitch, Osasere Atohengbe, added that the product was developed with both vision and practicality in mind, explaining that “we built Interswitch PensionRemit with employers and the future in mind, to boost our drive to address long-standing pain points in the pension remittance process.

“The platform equips both large organisations and small businesses with the tools they need to comply with PenCom’s new mandate in the most efficient way possible.”

Built to meet the evolving needs of large enterprises, corporates, micro, small, and medium-sized businesses (MSMEs), and service providers across Nigeria, PensionRemit offers a suite of benefits designed to eliminate friction and boost compliance.

ADVERTISEMENT

These benefits include a streamlined remittance process aligned with PCRS guidelines, real-time delivery, tracking and confirmation of schedules, automated audit trails with instant receipts, zero platform fees for employers, and a reduced compliance and reporting burden.

The platform also serves a broader ecosystem, including payroll service providers, human resource software and enterprise resource planning vendors, offering seamless integration of pension compliance into financial and administrative workflows.

The launch of PensionRemit underscores Interswitch’s commitment to delivering technology-driven solutions that enable transparency, efficiency, and trust in Nigeria’s financial ecosystem.


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


Tags: Interswitch
SendShare10170Tweet6357Share
ADVERTISEMENT
Previous Post

FIRS Orders Opening Of Tax Offices At Weekends

Next Post

Nestle Appoints Samer Chedid As CEO For Central, West Africa

Olushola Bello

Olushola Bello

You May Like

Passengers Face Flight Delay As Multiple Bird Strikes Hit Air Peace Aircraft
Business

4 Months To Yuletide: Air Peace, United Nigeria Jack Return Tickets To N677,000

2025/08/24
Equities’ Investors Lose N201bn W-o-W Amid Post-MPC Rebalancing
Business

Broad-based Selloffs Deepen Market Losses By N2.29trn W-o-W

2025/08/24
Presco Records N58.6bn Pre-tax Profit In Q1
Business

Presco’s Shareholders Approve N26.3bn Dividend

2025/08/24
Nigeria Leads Africa In Stablecoin Adoption with $22bn In Transactions
Business

Nigeria Leads Africa In Stablecoin Adoption with $22bn In Transactions

2025/08/24
Experts Advocate Strong Partnership, Intervention Models To Accelerate Shift To Renewable Energy
Business

Experts Advocate Strong Partnership, Intervention Models To Accelerate Shift To Renewable Energy

2025/08/24
FCMB Partners Leading Real Estate Firms On Affordable Housing
Business

FCMB Group Proposes Equity Capital Raise

2025/08/24
Leadership Conference advertisement

LATEST

6 Die, 19 Rescued, 3 Missing In Fresh Sokoto Boat Mishap

Oyo Gov’t Denies Closure Of Gbagi Market In Ibadan

Electoral Reform: Yiaga Africa Advocates Stripping President Power To Appoint INEC Chair

Police Bust Drug Cartel, Arrest 4 Suspects In Akwa Ibom

Nigeria Police Deport Wanted Chinese Gang Leader

Igboho Apologises To Alaafin Over Comment At Ooni’s Palace

Anambra’s Nonye Soludo Wins ‘Humanitarian First Lady’ Award 2025

Wang Yi’s Visit To Delhi Signals Strategic autonomy to US

NDLEA Arrests Widow With Fake Pregnancy Stuffed With Cocaine

Victor Boniface Returns To Bayer Leverkusen After Medical Tests In Milan

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.