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Tag: Point of Sales (PoS) NIBSS Instant Payment (NIPs)

Customers pay N92.2bn for N4.61tn PoS Transactions in 7 Months – NIBSS

Customers pay N92.2bn for N4.61tn PoS Transactions in 7 Months - NIBSS The Nigeria Inter-Bank Settlement System recent data has revealed that Point of Sale (PoS) terminals transactions in the first seven months of the year totaled N4.61tn. Noting that, For withdraws or transactions between...

E-payment Transactions In Q1 Rise By 82% To N66trn

E-payment Transactions In Q1 Rise By 82% To N66trn       Nigeria’s financial system has recorded further surge in the value of electronic payment (e-payment) transactions to N65.6 trillion in the first quarter of the year (Q1’21) indicating a whopping 82 percent Year-on-Year, YoY, increase from N36.02...