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
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04/18/2022 07:24:00

BVN Database Rises By 2.3m In Three Months …the increase in the number of accounts linked to BVN in the country has remained steady
BVN Database Rises By 2.3m In Three Months …the increase in the number of accounts linked to BVN in the country has remained steady

Enrolments for the Biometric Verification Number (BVN) by bank account owners in the country rose by 2.3 million in the last three months, New Telegraph has learnt. According to data released by the N..

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04/13/2022 14:58:00

Report: E-Payment Transactions Hit N34.67trn In March
Report: E-Payment Transactions Hit N34.67trn In March

Transactions through electronic payment (e-payment) channels increased by 17.93 per cent to N34.67 trillion in March 2022, from N29.4 trillion recorded in the previous month, a report by Financial Der..

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04/11/2022 14:52:00

E-payments Rise by 45%, N55tn Transferred in Two Months
E-payments Rise by 45%, N55tn Transferred in Two Months

About N54.98tn was processed through Nigeria’s electronic channels in the first two months of 2022, according to data from the Nigeria Inter-Bank Settlement System portal. This is a 45.49 per cent ..

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