Amplify supports local businesses through Zero Transaction Charge campaign


Nigerian payments company, Amplify has announced a Zero Transaction Charge campaign in a bid to support Nigerian businesses.

The campaign ensures that transaction charges are not applied on businesses that sign up on Amplify and go live between October 12 and November 30, 2016.

The campaign is open to both new businesses and those already using Amplify. New businesses can jump in on this massive offer by doing the following.

  • Enter any of the promo unique codes: 23XSD34, 23XSD34, 23XSD35, 13X0D35, C310P3X.
  • Start accepting payments by setting up a simple payment collection form, or integrate with Amplify APIs.
  • Update KYC information and account details and request to go live.

Existing (or Demo) users are required to set up a simple payment collection form or integrate with the Amplify API, Update KYC information and account details, and request to go live.

Amplify will process the first one million naira (N1,000,000.00) in transactions for these set of businesses free of charge.

“Considering the current economic situation, this is Amplify’s way of helping to support new and growing Nigerian business. We hope this promotion will encourage more businesses to finally automate their collections and leverage electronic payment channels,” said Segun Adeyemi, CEO of Amplify.

Also, the startup has launched a new feature that allows businesses make bulk payments to partners and customers.

Called PASS (Payouts and Automated Settlements System), the feature was launched based on requests from businesses who have a need to make regular payments to their customers and/or vendors.

PASS ensures businesses and their partners can split settlements into different accounts, and companies with a marketplace model can share commissions with their partners using Amplify’s payment solution.

“The launch of Amplify PASS is in line with our mission to help Nigerian businesses grow and build long lasting relationship with their customers. We’re excited to empower Nigeria’s businesses to not just accept payments but also make payments and split settlements between them and partners,” said Maxwell Obi, the Co-founder and CTO of Amplify.

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