“Ounje Eko”: MoneyMaster to serve as payment partner

To help in collection and payment service at its Ounje Eko markets across the state, the Lagos State Government has appointed Nigeria’s leading payment service bank, MoneyMaster Payment Service Bank Limited (MMPSB), as its payment partner for the “Ounje Eko” Food Markets, a food price discount initiative packaged to bring succor to residents of the state.

In a statement in Lagos, MoneyMaster PSB said it will be responsible for collection of payments in 57 LCDAs in the state under the programme which was introduced amidst rising food costs in the country by the state government across the five divisions of Lagos State on Sunday, March 17, 2024.

To facilitate collection and payment services of the programme, the statement explained that MoneyMaster will deploy its cutting-edge payment solution which is expected to facilitate seamless payment and reconciliation, thus ensuring smooth shopping experience for Lagosians who will be patronizing the markets.

“The appointment of MMPSB is a testament to the quality of payment solutions that the bank deploys to its growing business partners in private and public sectors”, The statement concluded.