Redtech has introduced RedPay, a new payment platform designed to help businesses collect and manage all their transactions in one place. The company announced the launch in Lagos, saying the goal is to remove the chaos of dealing with multiple payment channels and give business owners a clearer view of their finances.
RedPay brings online, in-app, and physical payments together on one dashboard. The system is built to give merchants instant insight into how their business is performing, while also making it easier to settle payments, track customer behaviour, and spot trends in real time. According to Redtech, Redplay uses fraud-protection tools that study device patterns and transaction behaviour to block suspicious activity without slowing down genuine payments. It also supports tokenisation, which allows customers to make quick, secure repeat payments.
At the launch event, Emmanuel Ojo, chief executive of Redtech, said the new platform was created after many businesses complained about juggling too many payment providers. “RedPay’s centralised reporting and intelligent analytics give businesses complete visibility and control. The platform is designed to make every transaction faster, safer, and smarter, while giving businesses a single source of truth for payment data across their entire customer journey,” he said.
He explained that RedPay’s design focuses heavily on improving transaction success rates. Its orchestration engine routes payments through the best-performing channels at any moment, helping merchants avoid failed transactions, especially when traditional payment networks experience downtime. “Performance, reliability, and security are at the heart of this platform,” he added.
RedPay comes with two major products. The first is RedPay POS, which is tailored for quick and stable card and transfer payments in sectors such as retail, hospitality, healthcare, and logistics. The second is the RedPay Payment Gateway, which allows businesses to receive payments online through cards, bank transfers, USSD, pay-by-PIN, QR codes, and payment links. The gateway includes APIs, SDKs, and reusable UI components to make integration easy for developers and startups.
With inflation and limited access to working capital affecting many small businesses, Redtech also announced that merchants on RedPay will be able to access fast loans. The aim is to help them stay afloat, restock more easily, and meet daily financial needs without lengthy paperwork.
Redtech said it hopes RedPay will support more businesses as digital payments continue to grow across Nigeria. Interested businesses can sign up through the company’s website or reach out via email for onboarding support.
