In the last few years, the Nigerian card payments channel has recorded strong growth both in terms of volume and value. Specifically, market research shows that the card payments channel grew from 30.5 million cards in circulation in 2009 to 56.1 million cards in 2014, with a projection that cards in circulation may hit and surpass 100 million by the end of 2019.
This growth has been backed by the Nigerian government’s efforts to move its cash-based economy towards non-cash payments. With this growth, SecureID Limited embarked upon a backward integration of smartcard manufacturing processes that led to the company building its first personalization plant in 2006, using advanced technology equipment to personalize imported smartcards for various purposes across different sector of the economy. In 2008, SecureID took the lead to backward integrate into milling and embedding; a core aspect of personalization.
SecureID is a truly Nigerian indigenous company of global standard, 100% owned by Nigerians with 95% of its workforce being Nigerians.
SecureID Limited is Africa’s industry leader in Card manufacturing, personalization/fulfilment and digital Solutions Company, offering superior end-to end Identity management and digital security solutions to Public Sector, Private Sector, Finance Sector, Telecoms Sector and Retail sector. SecureID Limited is the first certified smartcard manufacturing plant in sub-Saharan Africa and can manufacture all kinds of smartcards, including highly complex Polycarbonate Cards.
With a vision to be Africa’s undisputed leading provider of world class digital solutions, best suited for emerging markets, SecureID Limited provides turnkey solutions for the smartcard identity industry from project start, through design and personalization to final card packaging/fulfilment. SecureID Limited supports a wide range of card products such as EMV smartcards, GSM SIM cards, Magnetic-stripe debit cards, Loyalty cards, Contactless dual interface chip cards, Multi-purpose secure identity cards and Mifare cards.
SecureID Limited and its subsidiary, SecureCard Manufacturing are certified by Visa International, MasterCard Incorporated, Verve International, ISO 9001/2015 and Card Quality Management (CQM) for Smart Card Manufacturing and Personalization. With their ever-evolving technology and continuous process innovation, SecureID remains your one-stop-source for your customers’ identity management and digital solution services.
Kofo Akinkugbe is the founder & CEO of SecureID Nigeria Ltd.
Connect with them on www.secureidltd.com