NetPlusDotCom, Fintech and payment service provider, has gone into a partnership with First City Monument Bank (FCMB), to develop and deploy a notification service for merchants...
Central Bank of Nigeria (CBN) has revised timelines for reversals and/or the resolution of refund complaints on electronic channels, with effect from June 8, 2020. This...
Nigerians will now pay stamp duties on WhatsApp messages, SMS, and messages via any electronic platform acknowledging receipt of funds, according to Federal Inland Revenue Service...
Telecommunications operators in the country have resolved to withdraw Unstructured Supplementary Service Data (USSD) service they deliver to banks, saying they cannot deliver such service free...
Inactive bank accounts rose by four million or 10 percent to 45 million in one year period ending October 31, 2019 from 41 million as at...
Federal Government is to realise at least N1.5 billion monthly from the implementation of N50 stamp duty charges on transactions carried out via Point of Sales...
Electronic payment (e-payment) transactions worth N203.35 trillion were carried out by banks between January and June, this year, Central Bank of Nigeria (CBN) half-year e-payment figures...
Merchants making use of point of sale (PoS) terminals for transactions at their locations have reeled factors hindering the use of PoS device as a means...
Virtually all commercial banks in Nigeria have signed on MasterCard, as part of financial sector’s drive towards secured and seamless e-payment systems in Nigeria. Speaking at...
United Bank for Africa (UBA) Plc has announced incentives to encourage the bank’s customers to use electronic channels for their transactions in December. Tagged UBA Cashless...
