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Paga expands Direct Debit access for businesses beyond its network

Paga is expanding its Direct Debit access to let businesses using Paga Engine collect recurring payments from accounts outside its network.

By TechCabal

Excerpt shared by Lazyfounder

·Excerpt
Paga expands Direct Debit access for businesses beyond its network
Image: Tayo Oviosu, group CEO of Paga at Moonshot by TechCabal in Lagos. Image source: TechCabal

Paga, one of Africa’s oldest fintechs, is expanding its Direct Debit access to let businesses using Paga Engine, its payments infrastructure business, collect recurring payments from accounts outside its network.

The move is part of Paga’s strategy to expand beyond consumer payments and become a financial infrastructure provider for other businesses. In May, TechCabal reported that Paga was positioning…

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