Despite slow economic growth in the country in 2016 as a result of recession marked by falling crude oil prices and unstable local currency, the naira, eTranzact International PLC, an indigenous electronic payment firm in Lagos has announced a profit before tax of 865.1 million naira and revenue of 10.40 billion naira for the year ended December 2016.

An impressive performance that defied the odds to make eTranzact’s balance sheet an inspiring testimony for investors watching on the sidelines. The news has also triggered hope among the industry stakeholders.

Meanwhile, eTranzact has entered a strategic partnership with the Nigerian military to launch a military pension product which allows over 100,000 retired members of the army, navy and air force to access a biometric military pension card with a 4-in-1 value proposition: identification, verification, rewards, including receiving and making payments, thus, easing their payment.

read more on https://itedgenews.ng/2017/04/13/etranzact-declares-n865-1m-profits-partners-military-on-pension-payments/