FINANCIAL SERVICES INDUSTRY SOLUTIONS

Accelerating the financial service space with transformational technologies and Innovations

Nigeria Inter-Bank Settlement System Plc (NIBSS) was incorporated in 1993 and is owned by all licensed banks including the Central Bank of Nigeria (CBN). It commenced operations in June 1994. NIBSS has put in place modern world-class infrastructures for handling inter-bank payments in order to remove potential bottlenecks associated with inter-bank funds transfer and settlement.
Nigeria Central Switch

Provide Interconnectivity and Interoperability of retail electronic payments in Nigeria for ubiquitous card acceptance, payment device dispute resolution for optimal use of installed payments switches capacities.

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Banking & Finance

We work with all the banking institutions and other financial institutions on both payments and collections to give our clients value-added services thereby providing the best opportunities for their business.

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Retail & e-Commerce

We foster the growth of transaction volume in this sector via innovative consumer payment solutions across several electronic payment channels i.e USSD, Internet Banking etc

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Enterprise Bill Payments

Our robust systems, platforms and products enable public/private enterprises both large and small to make rapid electronic bulk payments.

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INNOVATION IN FINANCIAL SERVICES START HERE

Get Insights, data and analytics on payments around the nation

We empower the banking ecosystem to improve the Nigerian payment industry

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  • OUR BUSINESS IS ALL ABOUT YOURS

    Improving customer experiences

    NQR Payment Solution is a secure QR-code-based payments and collections platform designed for merchants and customers to receive and make payments for goods and services. This indigenous payment solution is powered by NIBSS for and on-behalf of the Financial Services Industry in Nigeria.

OUR PARTNERS

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Logos of NIBSS Partners
Logos of NIBSS Partners
Logos of NIBSS Partners
Logos of NIBSS Partners
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09/21/2022 09:44:18

Nigeria’s Mobile Transfers Surge 151% in One Year
Nigeria’s Mobile Transfers Surge 151% in One Year

Within a period of one year, the volume of financial transactions through mobile devices has more than doubled, a BusinessDay analysis from the Nigeria Interbank Settlement System (NIBSS) shows. Ac..

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09/13/2022 08:42:46

E-payment Transactions in Nigeria Hit Monthly All-Time High of N33.2 Trillion in August 2022
E-payment Transactions in Nigeria Hit Monthly All-Time High of N33.2 Trillion in August 2022

Data released by the Nigeria Inter-Bank Settlement Systems (NIBSS) has revealed that transactions worth N33.2 trillion were performed electronically in August through the NIBSS Instant Payment platfor..

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08/11/2022 08:50:50

FG to Generate N484bn From e-Payment Channels
FG to Generate N484bn From e-Payment Channels

The Federal Government is set to make a total of N483.73bn in three years from electronic payment boom by way of the Electronic Money Transfer Levy. This projection was made by the Budget Office of..

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