Nigerian fintech infrastructure company Transactworld Digital Services has unveiled a new premium settlement product, Transactpay Ultra, designed to deliver instant merchant payouts and eliminate delays associated with public holidays and weekend banking cycles. The launch follows widespread liquidity disruptions experienced by businesses during the recent Eid holidays, when merchants reportedly waited several days to access their revenues due to extended non working periods in the financial system.
The company said the new service introduces a fully automated T plus zero settlement model that operates continuously throughout the year, including weekends and public holidays. According to Transactworld, the solution is targeted at high volume enterprises that rely on uninterrupted cash flow, particularly in periods traditionally affected by banking downtime such as the upcoming Easter holidays.
Chief Executive Officer of Transactworld Digital Services, Ernest Obi, said the product was developed in response to structural inefficiencies in merchant settlement cycles, which he argued place unnecessary pressure on business operations. He noted that merchants often continue trading during holidays but are unable to access their funds until banking systems reopen, a gap the company now seeks to close through continuous payout infrastructure.
The new offering, described by the company as an invitation only enterprise tier, includes dedicated processing infrastructure, priority transaction routing, specialised risk management support, and customised onboarding for complex business operations. Transactworld said the system is built to support always on digital commerce, positioning Transactpay Ultra as a liquidity focused solution for enterprises operating in a rapidly expanding African digital economy.