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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VISIT OUR LATEST NEWS

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All the latest news, analysis, research, charts, data events and webinars.

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06/14/2022 09:35:18

Mobile Transactions Hit N4.86tn in Four Months – NIBSS
Mobile Transactions Hit N4.86tn in Four Months – NIBSS

Nigerians’ use of mobile channels for payment transactions has risen by 3,454.46 per cent from N136.85bn within the first four months of 2019 to N4.86tn in the corresponding period of 2022, according ..

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06/07/2022 09:43:29

E-payment: Nigerians’ Spending on Utility Bills Soars by 387%
E-payment: Nigerians’ Spending on Utility Bills Soars by 387%

The amount Nigerians spent on electronic bills such as power and other utilities grew by 387.19 per cent from N189.50bn in the first four months of 2019 to N923.24bn in the corresponding period of 202..

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05/24/2022 07:32:00

Cashless Transactions Rise by 44%, Hit N117.33tn in Four Months – NIBSS Report
Cashless Transactions Rise by 44%, Hit N117.33tn in Four Months – NIBSS Report

Cashless transactions rose by 44 per cent year-on-year to hit N117.33tn in the first four months of 2022, according to data from the Nigeria Inter-Bank Settlement System. From January 2022 to April..

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