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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03/16/2023 06:08:11

5 Alternative Payment Options to Using Cash in Nigeria
5 Alternative Payment Options to Using Cash in Nigeria

As Nigeria’s struggle with cash scarcity bites on, alternative payment options to cash are rapidly gaining popularity in the country. Although the traditional cash-based system has been the most popul..

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03/15/2023 06:05:50

Mobile Money Transactions Volume Rose by 70% in Feb
Mobile Money Transactions Volume Rose by 70% in Feb

Data released by the Nigeria Inter-Bank Settlement System (NIBSS) has shown that the volume of mobile money transactions for the month of February, rose by 70 per cent to 183.69 million compared to 10..

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02/14/2023 12:45:02

Alternative Payment Options to Cash in Nigeria
Alternative Payment Options to Cash in Nigeria

With an increasing number of people moving away from the use of cash, alternative payment options have become the preferred choice for many, especially when it comes to paying for gifts at this season..

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