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.

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.

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

Enterprise Bill Payments

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

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

    mCASH is an innovative payment solution designed to facilitate retail payments to Merchants. It is accessible to payers via mobile USSD technology which in recent times has become the most accessible channel (even without internet) for financial and non-financial transactions.

OUR PARTNERS

Logos of NIBSS Partners
Logos of NIBSS Partners
Logos of NIBSS Partners
Logos of NIBSS Partners
Logos of NIBSS Partners
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11/01/2020 22:01:18

Electronic Payment Transactions Hit N111.29tn in Nine Months
Electronic Payment Transactions Hit N111.29tn in Nine Months

The value of transactions via the two digital payment platforms – Nigeria Interbank Settlement System Instant Payment System and Point of Sales terminals – rose to N111.29tn from January to September ..

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11/01/2020 21:53:30

The Rising Fortune of Digital Payment Platforms
The Rising Fortune of Digital Payment Platforms

The cashless policy introduced by the Central Bank of Nigeria (CBN) in 2012 which required a daily total limit of N500,000 and N3,000,000 on free cash withdrawals across all accounts owned by individu..

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11/01/2020 21:46:59

Instant payments, PoS deals hit N95.89tn in eight months
Instant payments, PoS deals hit N95.89tn in eight months

The value of transactions via the two digital payment platforms – Nigeria Interbank Settlement System Instant payment system and Point of Sales terminals – across the country rose to N95.89tn from Jan..

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