Routepay provides a PCI‑DSS‑compliant platform that lets Nigerian consumers, businesses, and government agencies send and receive money instantly across all local banks, pay utilities and taxes, and access fast micro‑loans.
Funding
Funding not disclosed
Founders
Product
Problem
Many individuals, businesses, and government agencies in Nigeria lack a single, secure platform for instant money transfers, utility bill payments, tax collection, and micro‑loans, often facing fragmented services, hidden fees, and slow processing times.
Solution
Routepay offers a unified, PCI‑DSS‑compliant payment platform that enables users to send and receive funds instantly across all Nigerian banks, pay utilities, taxes, licensing fees, and access fast micro‑loans. The service leverages a partnership with Routelink Microfinance Bank to provide enterprise‑grade security, including AES encryption and real‑time transaction monitoring. By supporting multiple payment methods—debit/credit cards, bank transfers, USSD, and QR codes—Routepay removes friction for personal, business, and public‑sector transactions. Transparent pricing with zero hidden charges and a merchant dashboard for businesses and government entities streamline financial workflows and improve compliance.
Target Audience
Routepay serves Nigerian consumers, small and medium enterprises, and government agencies that require fast, secure digital payments and financial services.
Features
- Instant peer‑to‑peer transfers to any Nigerian bank account
- Utility bill payments (electricity, internet, TV, airtime) in a few taps
- Government payment modules for taxes, licensing, regulatory fees with real‑time tracking and automated reconciliation
- Fast, flexible micro‑loans with rapid approval and easy repayment
- Business tools: store creation, payment link generation, and a unified merchant dashboard
- PCI‑DSS compliance, bank‑grade AES encryption, and continuous fraud monitoring
- Multiple payment channels: debit/credit cards, bank transfers, USSD codes, QR code payments
- Zero hidden fees and transparent transaction reporting