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Naira: Customers Opt For epayments As Shortage Lingers

Naira: Customers Opt For epayments As Shortage Lingers   More customers are opting for electronic means of payment as naira scarcity worsens. Some bank customers and PoS operators who spoke to our correspondent said there was an increase in the epayment transactions. A resident in Olowoira, Lagos, Chike...

E-payment Transactions Hit N60.34trn In Q1 — NIBSS

E-payment Transactions Hit N60.34trn In Q1 — NIBSS       The value of transactions via digital payment platforms – Nigeria Interbank Settlement System Instant Payment System and Point of Sales terminals – rose to N60.34tn in in the first quarter of 2021. The two platforms recorded a 87.1...

E-payment Transactions Rise By 50.3%, Now N162.95trn

E-payment Transactions Rise By 50.3%, Now N162.95trn       The value of transactions via digital payment platforms – Nigeria Interbank Settlement System Instant Payment System and Point of Sales terminals – rose to N162.95tn from January to December in 2020. The two platforms recorded a 50.3 per cent...

African e-payment Market To Grow By $27bn In 2025

African e-payment Market To Grow By $27bn In 2025         The African electronic payments market is expected to grow at 18 to 20 per cent per annum until 2025, reaching $27 billion, up from $8 billion in 2018. Growth is expected to be driven by GDP growth,...