BEDC Wins CBN Electronic Payment Award

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Benin Electricity Distribution Plc. (BEDC) has become the first electricity distribution company to emerge a winner in the maiden edition of the Electronic Payments Incentives Scheme (EPIS) Efficiency Award as it emerged the best Cashless Driver-Corporate category, ThisDay reports.

The Central Bank of Nigeria (CBN) and the Nigerian Interbank Settlement Scheme (NIBSS) Plc initiated the award, according to a statement from BEDC.

The award was presented to the Chief Strategy and Transformation Officer, Mr. Ernest Edgar, who represented BEDC at the event, for the company’s outstanding contributions to the growth of electronic payment industry in Nigeria and for pushing deeper, the adoption of e-payment platforms in the electricity distribution industry, in line with CBN’s Cashless policy anchored on electronic payment system as contained in Vision PSV 2020.

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