Interswitch, FIRS Seal Deal on Seamless Tax Payment

In fulfillment of its commitment to delivering seamless payment solutions, Interswitch Group has reaffirmed its pre-existing partnership with the Federal Inland Revenue Service (FIRS) to enable taxpayers file all Naira denominated tax returns through its robust and government-approved payment gateway.

The Interswitch payment gateway was deployed on FIRS’s new Tax Administration Solution (TaxPro-Max) e-filling platform on June 7, 2021. For a seamless tax remittance process, taxpayers and tax consultants are expected to follow these easy steps:

  • File your tax return on FIRS TaxProMax
  • Click on Interswitch logo to generate the Document Identification Number (DIN).
  • Make payment using InterswitchPaydirect at any bank branch nationwide or pay online via Quickteller Mobile App/Web.

Note that registration on TaxProMax is mandatory. Therefore, taxpayers that are yet to get their user credentials are advised to register online or visit the nearest FIRS tax office to be onboarded immediately.

Commenting on the consolidation of the partnership with the FIRS, Chinyere Don-Okhuofu, Interswitch Group’s Divisional CEO for Industry Ecosystem Platforms remarked Interswitch is committed to supporting the FIRS to deepen effective tax collection, which is critical to national economic prosperity through its robust digital payment platform.

She said, “In furtherance of our commitment to support the Federal Government in driving efficient and accountable revenue collection across all touch points, we are delighted to consolidate our existing partnership with the Federal Inland Revenue Service in delivering seamless payment collections and reporting to complement the improved TaxProMax platform. The continued partnership between Interswitch and the FIRS, which dates back as far as 2005 when Interswitch pioneered electronic tax collections for the Federal Government of Nigeria is an attestation of our commitment to delivering robust and efficient payment solutions and a confirmation of the agency’s trust in our solutions.”

FIRS has modernised its tax administration and collection processes. We believe that the ease accompanied by the new platform will enhance tax compliance. In addition, leveraging proven payment solutions such as Interswitch’s makes the platform consistent with global standards. We therefore encouraged taxpayers to pay all their Naira-dominated tax returns through the Interswitch portal.

Don-Okhuofu stressed the need to strengthen the digital payment landscape through innovative payment solutions such as TaxPro-Max to drive the much-needed transformation in the Nigerian economy.

The new TaxPro-Max e-filling platform was developed to specifically aid seamless registration, filing, payment of taxes and automatic credit of withholding tax as well as other credits to the taxpayer’s account, among other features.

TaxPro-Max also avails taxpayers a single view for all transactions with the service.

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

Guinea Insurance Completes Recapitalisation, Positions for Market Leadership, Next Phase of Growth

Guinea Insurance Plc has successfully completed its recapitalisation exercise,...

AXA Mansard’s New Digital Tool to Make Vehicle Inspection Fast and Easy

AXA Mansard Insurance, a member of the AXA Group,...

AXA Mansard Health’s WhatApp ChatBot, Karis, to Reduce Waiting Time at Hospital

In an attempt to reduce waiting time and ensure...

AXA Mansard, Lagos DSVA Intensify Campaign Against Domestic, Sexual Violence

AXA Mansard has partnered with the Lagos State Domestic...

Topics

Interswitch Boosts Payment Industry via Innovative TechConnect Solutions

Pan-African digital payment and commerce solution company, Interswitch Group,...

Disruptive Innovations: Implications for the Future of Work

  By Tony Ojobo "Your job won't be taken by AI, but...

Expert Laments Low Insurance Penetration Despite Youth Population

Dr. Akeem Oyewale, the Chief Executive Officer of Marble...

Leadway Launches First Ever Lifestyle Fair to Empower, Spotlight Young Entrepreneurs

Leadway, one of Nigeria’s top non-banking financial services and...

‘SMEs Must Reinvent to Remain Competitive’ – Heritage Bank CEO, Sekibo

  Mr. Ifie Sekibo Managing Director/CEO Heritage Bank Limited Mr. Ifie Sekibo, Managing...

Selloffs in Banking Stocks Extend Bearish Run to Third Consecutive Day

Yesterday, sell-offs in Banking stocks - ZENITH (-1.6%), GUARANTY (-0.9%),ACCESS (-3.4%) and UBA (-2.0%) - extended...

#ENDSARS: Echoes of a Twitter Powered Uprising

By Elvis Eromosele Social media has demonstrated incredible potential for...

STI at 1st International Co-operation, Investment Summit in Calabar

L-R: Segun Bankole, Deputy General Manager, Corporate Communications &...
spot_img

Related Articles

Popular Categories

spot_imgspot_img