How it works

ADD triggered through the CMMS platform and it is pre-configured based on the following mandate type;

  • Fixed Mandate – for fixed amounts and frequencies of debits to the subscriber’s bank account(s).
  • Variable Mandate – for variable amounts and/or frequencies of debits a subscriber’s bank account(s).
  • Global Standing Instruction – for recovery of defaulted funds from multiple bank accounts, using the subcrsiber’s BVN
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Unique Value Proposition

ADD enhances the service offerings of various market segments such as Consumer Lending, Insurance Payments, Subscriptions, Investment Products and other frequent in nature payment services

Touch Points

  • Web Portal
  • API Integration

Who Can Use This

  • 1 2

    Service and Utility Companies

  • 2

    Banks, MMOs and OFIs

  • 3

    Pension, Insurance and Credit Companies

Onboarding Requirements & Steps

ProcessesGet Started

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