The CBN seems to be making the same mistake with PSB as it has made with commercial banks.
The 3 Payment Service Banks are Hope PSB, Moneymaster PSB and 9 PSB.
CBN Governor, Godwin Emefiele promised to deepen the financial inclusion sector by providing a level playing field for all.
The Country Manager for OPay in Nigeria has said traditional banks should be worried about the Fintechs and Telecos certified by the CBN.
CBN releases guidelines for licensing and regulation of Payment Service Banks