Tag
NIBSS
Despite the increase in adoption of PoS by merchants, the value of electronic transaction done via PoS dropped by N59.26 billion between December 2019 and January 2020.
The number of current accounts held by bank customers dropped by 4.5 million to 25.3 million while PoS transactions hit N373 billion.
The value of transactions carried out using Point of Sale (PoS) channel in Nigeria hit N3.20 trillion in 2019.
3.4 million transactions were made by bank depositors on Nigeria Interbank Settlement System Instant Pay platform yesterday, Black Friday,
The Central Bank of Nigeria (CBN) will soon impose new rules on the operations of the Bank Verification Number (BVN) to tackle fraud.
CBN, Bankers Committee agree to recover bad loans from accounts of defaulters in any bank in Nigeria. How it will work...
Data obtained from the Nigeria Interbank Settlement System (NIBSS) has shown that the value of instant bank transfers transactions carried out in the first five months of 2019, stood at N41.48 trillion.
See how the Ministry of Transportation can end ticket racketeering with the help of machines, and while GTBank and NIBSS are heading for a cardless future.
The NIBSS has disclosed insight into how Nigerians used Point of Sale (otherwise known as POS) to transact businesses in 2018.
CBN releases guideline on mobile money services operation.
Nigerian telecommunication giant, MTN alongside its competitors this week, came together for the re-launch of Nigeria Inter-Bank Settlement Systems...
Nigeria’s technology space is set to witness a game-changing experiential platform with the unveiling of Tech Fest by...