A recent report by the Nigeria Inter-Bank Settlement System (NIBSS) has revealed that only 60 percent of all failed ePayment transactions that occurred earlier this year...
N2.63tn was recorded on e-bills payment from January 2022 to November 2022 as against N2.05tn of 2021 which amounts to 28.14 per cent increase.
Nigerians carried out electronic payment transactions valued at N704.04 trillion in 2020, according to the latest report from the National Bureau of Statistics (NBS). This represents...
CIBN, NIBSS Introduce e-Payment Certification Programmes The Chartered Institute of Bankers of Nigeria (CIBN) in collaboration with Nigerian Interbank Settlement Systems Plc (NIBSS) have introduced professional...
E-payment Transactions Rise by 50.3%, Hit N162.95tn The value of transactions via digital payment platforms – Nigeria Interbank Settlement System Instant Payment System and Point of...
Nigeria Corporations Paid N238.1 Billion Income Tax Via E-channels in 2020 Companies in Nigeria have started embracing electronic payment platforms established to ease the tax payment...
As part of the commitment to creating opportunities and facilitating development in Africa, WorldRemit, the global digital money transfer service, has today announced the launch of its...
There was a 36% year-over-year (YoY) increase in contactless transactions in Ireland, reaching $3.4 billion in Q3 2020. Similarly, transaction volume surged by 77% YoY to...
PoS Transactions Depreciated by N97bn in the Month of April The Central Bank of Nigeria (CBN) said payments across the nation’s point of sale terminals declined...
Nigeria’s Electronic Payments Hit N40.48trn in Q2, 2019 The total transactions performed through the Nigerian Electronic Payment Channels in the second quarter (Q2) of 2019 rose...