A REMITA PROPOSAL TO

Tertiary Institution

REMITA PAYMENT SERVICES LIMITED | PROPOSAL www.remita.net

 Executive Summary
Forward-looking organisations have fully embraced digital payment platforms to position
on top of all their collections and payments.
This is exactly what Remita brings to the table.
Our mission is to further empower the Institution to make collections, payments and
other digital services more delightful by significantly reducing manual processes.
We are excited at the opportunity to work with the company’s team to put in
place our tried & trusted system within the shortest possible time.

WITH REMITA, Oxbridge RECEIVE MAKE PROCESS

DO MORE!
Tutorial College PAYMENTS PAYMENTS PAYROLLS
WILL BE ABLE TO EASILY

REMITA PAYMENT SERVICES LIMITED | PROPOSAL www.remita.net

 Who Uses Remita?

…and many more.

REMITA PAYMENT SERVICES LIMITED | PROPOSAL www.remita.net

 Our Business
Remita enhances business and operations
across outlets by making payments, collections
and other services easy and seamless.
USSD Remita App Remittances Salaries
Cards Bank Accounts vendors Consultants
Wallets Receive Bank Branches
Welfare Pension
POS
Payments Phone Number
Taxes And more
QR Codes Transfers
eNaira Internet Banking
12 Onsite & Online payment options
Cost Effective | Tracking | Monitoring | Reporting | Security

REMITA PAYMENT SERVICES LIMITED | PROPOSAL www.remita.net

 We Can Add Great Value

The Oxbridge Tutorial College CAN DO

MORE WITH REMITA IN TERMS OF
PAYMENTS AND COLLECTIONS

 Seamless Transactions |
 Easy Integrations |
 Comprehensive Reports l

REMITA PAYMENT SERVICES LIMITED | PROPOSAL www.remita.net

 COLLECTIONS
Online Collections
Oxbridge Tutorial College
customers and members can Onsite Collections
transact by visiting the designated customer can easily make use of
e-commerce Hub/ website and POS to make payment with:
using any of the multiple payment 1. Cards
2. Bank Transfer
options: 3. USSD
4. eNaira
1. Bank Transfer
2. USSD
3. Cards (Foreign & Local)
4. Internet Banking Benefits:
5. eNaira
6. Mobile Wallet
 customer can easily make
7. Phone Number payments without the need to
carry cash.
Benefits:  customer can receive payments via
The Oxbridge Tutorial College can receive multiple channels onsite.
payments from members from any location,
and at any time.
REMITA PAYMENT SERVICES LIMITED | PROPOSAL www.remita.net
 Process Flow: Web-enabled Merchants

Oxbridge Tutorial
Oxbridge Tutorial College Oxbridge Tutorial
College
Collections College Menu
Payment
Enter your details

Payment details are collected Payment is initiated on existing Transaction concluded still on
while still on the site website company’s interface

Throughout the payment process, user sees is the company’s website. Remita serves as the gateway operating
in the background and powering the payment.

Remita Payment Services Limited | Corporate Collections Proposition 7

 PAYMENTS
SALARIES, VENDORS, PAYES, ETC

Payroll Processing & Salary Contributary Pension PAYE Tax Remittance,

Payments Remittance & Schedules Schedules & Receipts
Accurate remittance &
Easy end-to-end processing of salaries, Accurate remittance & corresponding schedules to relevant
computation of allowances, corresponding schedules to PFAs. authorities.
deductions, tax etc.., and crediting the
bank account of staff with customized
electronic payslips, tax slips etc..

Suppliers/Vendors/ Approval Workflow Automatic Ledger Update

Contractors
Initiate & approve payments from any Automated posting to account
Make payments to vendors without
account at anytime & from any ledgers.
the need for manual intervention.
location.

REMITA PAYMENT SERVICES LIMITED | PROPOSAL www.remita.net

 PAYMENTS
Salary Payments: Our Salary Payments product empowers companies to make scheduled bulk payments of wages,
salaries from employers into bank accounts and mobile wallets of beneficiaries. Providing employees access to pay-
slips and lending services etc.
Tax Payments: Our Taxes Payments product empowers companies to make both bulk tax payments for their
employees into the relevant tax authorities and statutory corporate taxes, with specialized receipts as proof of
payment.
Pension Payments: Scheduled payments of contributory pension to PFAs, PFCs and other registered Pension
regulatory bodies
Vendor Payments: Our Vendor Payments product empowers companies to make scheduled bulk payments to
suppliers and contractors into bank accounts and mobile wallets of beneficiaries. With specialized receipts as proof of
payment
Schedule Delivery: Schedule delivery helps firms and other entities properly identify and communicate to relevant
stakeholders who they’re paying for when they make a bulk payment on behalf of multiple beneficiaries (i.e PAYE Tax,
Pension Payments).
Automated Payments (Autosweep): Our Automated Payments product allows corporates perform liquidity
management services by automatically moving money into specified accounts at predefined rule based conditions.

REMITA PAYMENT SERVICES LIMITED | PROPOSAL www.remita.net

 VALUE ADDED SERVICES
UTILITIES, DATA, LOANS, ETC

Easily pay for UTILITIES, AIRTIME & DATA Employee Loans

through Remita. a. Personal loans from licensed
third-party providers e.g.,
Pathway Finance
b. Asset finance by third party
lenders
c. Loyalty scheme

Airtime & Data Waste Water Electricity Benefits:

Benefits:
 Securely pay bills to any of our VAS vendors.
 Track and manage utility spend on a single platform.
 Provision of zero-stress cash flow
support to employees.
 Asset Acquisition support to staff.
 Real-time financial services support to
access essential services

REMITA PAYMENT SERVICES LIMITED | PROPOSAL www.remita.net

 Web-enabled Merchants
Onboarding process for merchants:

S/N Activity Responsibility Duration

1 Project Onboarding RPSL 1 day

2 KYC Submission Customer 2-3days

3 Review API Doc Customer Web developer 2-3days
4 Implementation Customer Web developer 3days

5 UAT Remita/ customer 1 day

6 Configuration on Live environment Remita 2 days
7 Live Test Remita/ customer 1 day
8 Document required precedent to closure of project RPSL/customer 1 day
9 Sign-Off & Closure Remita/ customer 1 day

Remita Payment Services Limited | Corporate Collections Proposition 11

Fees All prices are exclusive of VAT prevailing rate

Please find below applicable standard fees in respect of proposed services and offerings
Offering Applicable Fees
1 Collections
a Onsite
POS 0.5% maximum 1000
QR Code Waived, as it is linked to online payments through physical location
b Online
Remita Payment Gateway 1.5% maximum N1500
Remita Portal 1.5% capped at N1500
Foreign Collections 4.5%
2 Payments
a Payments (dues/ vendors/ welfare/ sundries/etc.) N100/Million/Transaction - Capped at N2000
b Payroll Processing & Salary Payment
One-off implementation N500/employee record
Payroll processing N250/employee record/month
Salary remittance N100 per transaction/remittance
Electronic Schedule Delivery (Pension/Taxes/NHF/etc.) N2,500 per schedule
3. Value Added Services (E-commerce Website/ Hub ) To be discussed

www.remita.net
 NEXT STEPS…
Thank you for the opportunity to consider Remita.
We look forward to your favourable consideration of our proposal.
Kindly confirm our availability to:
1. Provide further clarification or any additional information you may require.
2. Receive your confirmation of Remita solutions & services of interest.
3. Set up and activate indicated preferences within the shortest time.

Primary Contact Unit Head

Name: Itoro Silas Name: John Nwachukwu
Mobile: 08134219973 Mobile: +234 803 49301829
Email: itoro@systemspecs.com.ng Email: nwachukwu@systemspecs.com.ng

REMITA PAYMENT SERVICES LIMITED | PROPOSAL www.remita.net

 Thank you!
Remita Payment Services Limited
Plot B22, Yesufu Abiodun Oniru Road,Oniru, Lagos, Nigeria. | +234 (1)2805182, (0)8035555051-2