In this lesson, you will get insight into who Innovectives is and what services/products they offer.

Innovectives is a financial technology company that engages in the facilitation of mobile money, e-payment and digital services. They have achieved the following:

  • CBN Licensed Super Agent
  • MasterCard Payment Facilitator
  • UnionPay  Third Party Processor
  • NIBSS  Aggregator
  • Certified mobile Point of Sale solution provider

As an Innovectives agent, you will be able to provide these services:

  • Bill Payments (DSTV, PHCN, STARTIMES etc.)
  • Fund Transfer (e.g. Mr. A making a payment to Mr. B)
  • Cash Deposits
  • Cash Withdrawals
  • Airtime Top-Ups
  • Account Opening
  • Card Linking

  1. Innovectives has visibility all round Nigeria. Onboarding with innovectives will afford you increased visibility for your business brand and this will give you a good edge over your competitors.
  2. With a notable brand name and good services, as well as smooth transaction history, Onboarding with innovectives can help you obtain customers loyalty and retention.
  3. You can have community access to financial services as an agent for Innovectives.
  4. Earning commissions on each transaction made using innovectives helps you earn extra income for yourself.
  5. With increased traffic at your business, you can have increased sales and more business opportunities that will boost the rate of commissions you get and the income you earn.
  6. Innovectives bears the cost of cash movement for Agents while they carry out their cash transaction.

Innovectives >   Aggregators   >    Agent   >    Customer Innovectives works with Agents through aggregators. This means that if they have any direct need to communicate with an agent, they do it through the aggregator. SAEDConnect(a co-convener of this course) is a registered aggregator under Innovectives, and students who get onboarded with innovective through this course are managed by SAEDConnect.

KeshExpress is the name of the Innovectives Mobile Banking product, and it is an App (Available only on the google play store for now). As an agent, you are able to carry out all the innovectives agent banking related services through the cash express App.

  • All Innovective (Kesh Express) Agents must ensure to record all transactions that are suspicious in nature.
  • This logbook must be evaluated for trends and patterns weekly by the Innovectives’ staff or Aggregator.
  • Kesh Express Agents would be sanctioned where such reporting is inadequate or under reported