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What is Vuvaa? and How it Works


It is specifically built for making instant payments and collections for merchants which will address the issues that usually come up in processing payments and receiving collections from many payers through any bank.


It is specifically built for making instant payments and collections for merchants which will address the issues that usually come up in processing payments and receiving collections from many payers through any bank. 

Vuvaa is an online platform for making and receiving payments for merchants. 

 This platform will serve as bridge between various merchants and consumer of goods and services.
  
It has also been designed and developed to address the issue of CBN (Central Bank of Nigeria) cashless society policy.

What kind of merchants can use Vuvaa for collection?

Merchants that can use Vuvaa for collection includes the following:
  • Schools
  • Churches
  • Government (for payment of taxes)
  • Insurance firms
  • Travel agencies
  • Hotels
  • Courier services
  • Third party online stores E.T.C    
 
 Your organization will be registered and signed up on Vuvaa platform as a merchant.
 
 
 Vuvaa [COLLECTION] is anchored on major payment switches/gateway in Nigeria. Vuvaa [COLLECTION] has been integrated to Interswitch, eTranzact, and VISA platforms on the Web. 
 
 
It has also been integrated to NIBSS and eTranzact Fundgate/Mobile Money Platform (PocketMoni) on Instant Payment service (Account to Account transfer). 
 
 
Thus your organization will be able to make collections such as school fees via the Web, ATM and POS on the platform. Collection can also be done at Bank branches through Account to Account transfer on NIBSS/eTranzact platform.
 
 
  Vuvaa is a web-based Payment System that is complemented with an Instant Electronic Money Transfer platform [anchored on major payment gateway and settlement system], which enables you to do a stress-free, error-free payment [including salary administration] as well as payments to suppliers, contractors and other types of beneficiaries.

You can subscribe to Vuvaa for making payments by going to www.vuvaa.com and sign up by clicking the register link.

Login in to your email account and activate your VUVAA account

Once you login to VUVAA for you to do any transaction, you must recharge your VUVAA account using your ATM card.
Once your VUVAA account is funded you can do any purchase on the platform

 Vuvaa can function as a Self Service Application.

 Cost of Integration is free. However, transaction cost for the use of Vuvaa for Collection on the Web, ATM and POS is very flexible and competitive. 


How secure is the Vuvaa platform?
Vuvaa platform is protected by the following security features:

Encryption: VeriSign Secure Site Pro Extended Validation (EV).

Up to 256-bit encryption with 128-bit minimum enables strong encryption for transactions.
Vulnerability assessment and daily Web site malware scanning.
Strong Authentication and encryption enforced
Role-Based access control
Transaction Based Tokens
Audit trail and journaling

You have exclusive rights to your bank details. You will keep confidential all security-related information such as passwords, Personal Identification Numbers (PINs) and Second Factor Authentication Token.

 Please, note that Access Solutions Limited, banks, their affiliates and service providers will never request you to divulge any of this information by phone, mail or any other means. You are obliged to report any representation to the contrary to Access solutions Limited and your bank promptly.


What kinds of payments can be made with Vuvaa?

Any form of fund transfer from Vuvaa account to another bank account and one bank account to another bank account domiciled in Nigeria.

 These include all forms of payments such as salaries, bills, bonuses, vendors and contractors, loans etc.
 
Vuvaa works with any Nigerian bank of your choice.

 


  

 

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