Tag: NIBSS
NIBSS and Zone leverage blockchain to enhance Nigeria’s inter-bank POS transactions
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Zone Payment Network Limited partners with NIBSS Plc to transform Nigeria’s POS payments, leveraging blockchain technology to overcome…
NIBSS records N600 trillion e-Payment transactions in 2023
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The Nigerian Inter-Bank Settlement System (NIBSS) recently reported a significant milestone in the country’s financial landscape: electronic payment…
NIBSS kicks against unlicensed deposit institutions
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Increased instances of fraud and customer verification challenges within the payment sector have prompted the Nigeria Inter-Bank Settlement…
NIBSS cuts instant transfer fees, but banks will not lower fees
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The processing cost that is applied to transactions completed through NIBSS Instant Payment (NIP) has been lowered. On…
NIBSS to cut electronic transfer fee from July
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The Nigerian Inter-Bank Settlement System (NIBSS) has announced a reduction in its transaction processing fee for NIBSS Instant…
Access Bank issues Nigeria’s first AfriGO card
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Access Bank has become the first financial institution in Nigeria to successfully issue the first live card of…
How to check and update your BVN online
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The Bank Verification Number (BVN) is a biometric technology with a secure unique identity to measure human attributes…
