The Managing Director for Commercial Inclusion (Interswitch Inclusio) at Interswitch Group, Mr Muyiwa Asagba, has disclosed that the e-invoicing solutions of the organisation are designed to integrate seamlessly with existing enterprise systems.
He said this in reaction to the adoption of the company’s e-invoicing and pension remittance platforms by the Nigeria and Kenya governments.
In 2024, the Kenya Revenue Authority (KRA) selected Interswitch as a technology partner for the country’s electronic Tax Invoice Management System (eTIMS).
The Nigerian firm provides businesses with tailored hardware and software solutions to comply with Kenya’s e-invoicing requirements, further strengthening its commitment to enabling governments and corporates across Africa to modernize financial ecosystems.
Recently, the Federal Inland Revenue Service (FIRS) officially accredited Interswitch as an Access Point Provider and System Integrator for Nigeria’s mandatory e-invoicing system under the Monitoring, Billing, and Settlement (MBS) platform.
The MBS initiative, which went live on August 1, 2025, with large taxpayers with annual turnover above N5 billion, is designed to combat tax evasion, improve transaction transparency, and boost revenue collection.
Serving as the central hub for real-time or near-real-time invoice validation, the MBS platform captures essential transaction details, from buyer and supplier information to quantities, prices, and taxes, replacing traditional paper or electronic documents such as invoices, credit notes, and debit notes.
With Interswitch’s accreditation, businesses can now access a fully compliant e-invoicing solution that connects securely to the FIRS platform, automates workflows, reduces errors, and provides real-time reporting for more accurate tax submissions.
“We are pleased to be recognized by both FIRS and KRA as a trusted technology partner. These accreditations reaffirm Interswitch’s commitment to delivering innovative, business-centric solutions that not only meet compliance requirements but also unlock operational value for our customers.
“Our e-invoicing solutions are designed to integrate seamlessly with existing enterprise systems, ensuring security, accuracy, and efficiency at every step,” Mr Asagba commented.
“This is about transforming the way businesses and governments interact, driving transparency, and enabling more efficient revenue management across the continent,” he added.
Beyond tax administration, Interswitch continues to expand its footprint in the public sector. Most recently, the company secured approval from Nigeria’s National Pension Commission (PenCom) to provide a platform that simplifies pension remittances by corporates, underscoring its broader mission of strengthening critical national systems through technology.
By combining innovation, security, and deep market expertise, Interswitch is cementing its role as a trusted partner to governments and organizations across Africa, with the mandate of compliance, unlocking greater efficiency, transparency, and competitiveness in an increasingly digital economy.