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

15/04/2021 11:32:40

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 of Government imposed loc..

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Simplifying Nigeria’s Payment System

26/03/2021 11:00:00

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. Indeed, a sound payment syste..

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

23/03/2021 11:00:00

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 innovative payment platform launc..

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How NQR Will Lower Transaction Fees Across Price Band

23/03/2021 03:04:32

COVID-19 has changed the digital landscape and has heralded an era of innovation and products that will be digital focused as well as achieve the contactless target even post-pandemic. The global pandemic has provided a uniqu..

Image for NIBSS Launches NQR Code for Financial Services Providers
NIBSS Launches NQR Code for Financial Services Providers

22/03/2021 01:02:33

Nigeria Inter-Bank Settlement System Plc (NIBSS) has launched the New Quick Response (NQR) payment solution code, an innovative payment platform implemented on behalf of all financial service providers. The New Quick Respo..

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Customers go for PoS transactions

22/03/2021 12:47:49

Point of Sale (PoS) machines deployment has increased in recent months to serve new entrants into the digital banking space. Many cardholders, especially at the grassroots, previously cautious about digital banking and safet..

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