Firms Partner to Bring Micro-pension Contributions to PoS Nationwide

Emma Okonji TeamApt Limited, a leading payment infrastructure company, has partnered digital pension agent platform Awabah to power Pension Direct, a micro-pension solution for self-employed and informal-sector workers. The partnership was announced at the launch of Pension Direct in Lagos. Speaking about the initiative, Managing Director/CEO, TeamApt, Dennis Ajalie, said: “Financial inclusion isn’t only about giving people access to payments; it’s about giving them access to the financial tools that help them build long-term security. For millions of Nigerians in the informal economy, contributing consistently to a pension has often been difficult because the underlying infrastructure wasn’t built for the way they earn and spend, unlike formal sector workers whose pension savings are made almost automatic through payroll deductions.” According to him, “We created our Direct Debit service to address exactly this, because we know long-term contributions need card tokenisation and recurring mandates that hold up over years. By combining this infrastructure with Awabah’s pension expertise, we are making long-term savings just as seamless for artisans, traders and other self-employed Nigerians.”