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

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04/15/2021 11:32:40

NIBSS Insight (3rd Edition): Instant Payments - 2020 Annual Statistics
NIBSS Insight (3rd Edition): Instant Payments - 2020 Annual Statistics

The COVID-19 pandemic has forever changed the ePayments landscape. It accelerated the adoption of instant payments as the population transitioned to electronic channels for funds exchange in the wake ..

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03/26/2021 23:00:00

Simplifying Nigeria’s Payment System
Simplifying Nigeria’s Payment System

There is no doubt that over the years, Nigeria has made noticeable progress in its desire to create a robust payment system through several reforms targeted at restoring confidence in the system. Inde..

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03/23/2021 23:00:00

Why NQR Solution is a Better Means of Payment
Why NQR Solution is a Better Means of Payment

The Managing Director/Chief Executive Officer of Nigeria Inter-Bank Settlement System Plc, Premier Oiwoh, in this interview speaks about the New Quick Response (NQR) payment solution code, an innovati..

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