eTranzact International Plc, a payment technology provider, engages in the processing of various types of electronic payment transactions using its switching platform worldwide. It operates through Mobile; Other Commissions; and Maintenance and Support Services, Software Development and Others segments. The company's switching platform processes transactions across various channels, such as mobile phones, web, point of sale, automated teller machines, other mobile devices, and bank branches. It also offers Bankit, an omni-channel direct to bank payment gateway; PocketMoni, a wallet and payment platform; WebConnect, a payment gateway for direct payment with bank accounts; and Payoutlet.net to pay bills, send money, and top-up mobile phones. In addition, the company provides SwitchIt, which validates, processes, and authorizes transactions; CorporatePay, an online platform for bulk payments; Payoutlet, a collection platform across its member banks’ branches; and Credo, a social payment platform for businesses. Further, it offers software development and maintenance services. The company serves individuals, corporates, and institutions. eTranzact International Plc was incorporated in 2003 and is based in Lagos, Nigeria.
Nigerian Market Performance
7D7 Days: 4.1%
3M3 Months: 31.8%
1Y1 Year: 45.8%
YTDYear to Date: 33.9%
The market has climbed 4.1% in the last 7 days, lead by the Materials sector with a gain of 7.2%. Meanwhile, the Industrials sector has underperformed, shrinking 3.6% in that time. The market is up 46% over the last 12 months. Earnings are forecast to grow by 20% annually. Market details ›
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