Tag: SeerBit

A payment solutions provider, SeerBit, has sealed a strategic partnership deal with Sabre, a leader in software and technology solutions to ensure seamless payment.

The partnership will ease the payment challenges in the travel industry which currently supports 449 million jobs, accounting for 12.2per cent of the global workforce and is projected to contribute $16 trillion to the global economy by 2034, representing 11.4per cent of the global economic landscape.

This collaboration will provide Sabre’s clients with access to SeerBit’s powerful payment infrastructure, delivering seamless, secure, and efficient payment processing for transactions and other value-added services across web, mobile, and offline channels.

Despite the travel industry injecting nearly $10 trillion into the global economy in 2013, equivalent to 9.1per cent of global gross domestic product (GDP), some significant payment challenges continue to frustrate the growth of the sector. These challenges include the complexities of cross-border transactions, fragmented payment methods, payment security and fraud, fluctuations and pricing transparency, interoperability, chargebacks and dispute resolution, among others.

To address these persistent challenges, SeerBit has joined forces with Sabre to deliver innovative solutions that streamline payment processes and enhance operational efficiency within the travel sector.

With this strategic partnership, Sabre will integrate SeerBit’s solutions into its travel technology platform, enabling airlines, travel agencies, global travel service providers and travelers to process payments faster and more efficiently, while ensuring compliance with local and international regulations.

Founder and CEO of SeerBit, Omoniyi Kolade, who spoke during the signing of the partnership ceremony, said: “For us, this combination of advanced payment technologies with innovative travel solutions comes at a pivotal moment in the travel industry. Our payment solutions are uniquely designed to simplify complex processes. By integrating with Sabre’s platform, we are providing travel businesses with the tools they need to enhance their services and deliver delightful experiences for their customers. We are confident that this collaboration will significantly contribute to the rapid evolution of the global travel ecosystem, particularly by making fast, secure and efficient payment processing accessible for all stakeholders in the value chain.”

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Also speaking on the partnership, Senior Regional Director at Sabre Travel Solutions, Central West Africa, Dare Olayiwola, said: “We are delighted to announce our partnership with SeerBit to engineer innovative payment capabilities that empower African travel businesses. Africa is a key growth market for our organisation and we are excited to work closely with SeerBit to support the evolving travel ecosystem across the continent.”

Significantly, the alliance between SeerBit and Sabre is set to bring substantial benefits to the travel industry. With the integration of SeerBit’s advanced payment technology, Sabre’s clients will gain unrivalled efficiency in transactions across multiple platforms and payment options, ensuring real-time, frictionless payments for bookings, reservations, and other services for operators within the travel ecosystem.

SeerBit is a Pan-African payment solutions provider that makes it easier for businesses and financial service providers to make and accept payments from their customers across Africa. Users have the advantage of enjoying flexible features to fit any business with a single integration.

SeerBit is building a unified payment ecosystem that removes the complexity and fragmentation of the digital payment process in Africa, enabling businesses to seamlessly accept multiple payment methods and streamline online and offline transactions. The company has operations in multiple African countries with a wide range of solutions developed to drive the adoption of digital payments across the continent.

Sabre Corporation is a leading software and technology company that takes on the biggest opportunities and solves the most complex challenges in travel. The company connects travel suppliers and buyers around the globe through innovative products and next-generation technology solutions. Sabre harnesses speed, scale, and insights to build tomorrow’s technology today – empowering airlines, hoteliers, agencies, and other partners to retail, distribute, and fulfil travel worldwide. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world.

Payment solutions provider, SeerBit, has sealed a strategic partnership with Zoho, a technology company that provides cloud-based business software, to unlock growth for businesses across Africa.

To scale their offerings and drive growth, businesses need to effortlessly manage and receive payments from their customers in Africa. Consequently, SeerBit noted that the partnership marks a significant advancement in simplifying financial transactions for businesses in Nigeria, Ghana, Kenya and other African countries who are utilizing Zoho Books.

Zoho Books is a comprehensive cloud-based accounting software that helps businesses take care of their finances, perform core accounting functions, and day-to-day book-keeping.

This key integration leverages SeerBit’s payment infrastructure to empower users of Zoho Books with seamless and secure payment solutions to help businesses collect payments online from their customers. Furthermore, this partnership will enable businesses to enhance customer experience and drive growth through relevant payment options such as card, mobile money and bank transfer.

Founder & CEO of SeerBit, Omoniyi Kolade, expressed delight with the partnership. “Our collaboration with Zoho represents a significant step in our mission to simplify payment processes for businesses in Nigeria. Of critical importance to us is ensuring that we empower businesses to achieve their primary goals – satisfying the needs of customers without the hassles of payment complexities.

 “This epitomises our shared commitment to innovation and customer-centricity. We are shaping the landscape for payment processing for SaaS platforms within the African business space, while providing businesses with the tools they need to thrive in today’s dynamic digital landscape,” Kolade said.

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Equally significant, the strategic partnership between the companies ensures the availability of reliable payment solutions integrated with essential business tools and software. This collaboration empowers users to scale their enterprises efficiently at the speed of commerce and technology.

SeerBit is a Pan-African payment solutions provider that makes it easier for businesses and financial service providers to make and accept payments from their customers across Africa. Users have the advantage of enjoying flexible features to fit any business with a single integration.  The company is building a unified payment ecosystem that removes the complexity and fragmentation of the digital payment process in Africa, enabling businesses to seamlessly accept multiple payment methods and streamline online and offline transactions.

With 55+ apps in nearly every major business category, from customer experience and employee experience to enterprise collaboration, custom solutions, and business intelligence, Zoho Corporation is one of the world’s most prolific technology companies. Headquartered in Chennai, India, Zoho is privately held and profitable with more than 15,000 employees. Zoho respects user privacy and does not have an ad-revenue model in any part of its business, including its free products. The company owns and operates its data centers, ensuring complete oversight of customer data, privacy, and security. More than 100 million users around the world, across hundreds of thousands of companies, rely on Zoho every day to run their businesses, including Zoho itself.

A technology company that payment gateway that provides products and infrastructure that allow people to collect payments from customers across Africa, SeerBit Technology Limited, has promised to deepen its foothold in Africa through more expansion.

Its CEO, Omoniyi Kolade, CEO, who spoke with ICT editors in Lagos, said the company was already in 10 countries and working to take services to the South African market.

He said already, the company processes transactions in more than 20 currencies and had achieved 5million transactions in value.

He said the company works with small, medium enterprises (SMEs) mid-sized businesses and large enterprises.

Kolade said the problem with the African payment landscape is that of interoperability, adding however that in Nigeria, the interoperability level is matured.

He said there are 54 countries on the continent with different currencies, adding that in every country, there must be operational licence, understudy the culture of the people and their nuances.

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According to him, one way to end poverty is to be financially included, adding however that the company has built the infrastructure to address fragmentation in the ecosystem.

He said the company has built the right payment infrastructure that ensures no customer is disenfranchised.

“We understand that there are different people interacting in the market and payment is central to them,” he said, adding that collaboration with banks remained very important.

He said the success of fintech is the opportunity created by the banks, solving problems, arguing that payment is the lifeblood of business.

He said the company started by creating access to innovation by working with the banks.

“We decided to work with the banks which already had their own business. Payment is movement of value. We are building a lot of platforms to support payment movement,” he said.