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...
Central Bank of Nigeria (CBN) yesterday unveiled a digital N100 paper note, first of its kind, to commemorate Nigeria’s centenary. Godwin Emefiele, apex bank’s governor, during...
About 46% of cyber incidents are detected through customer complaints, according to Nigerian Cyber Threat Barometer report 2014 This was disclosed by Bukola Smith, head,...
Economic and Financial Crimes Commission (EFCC) is investigating a case of electronic fraud involving an unnamed state government in Nigeria which reportedly lost over N5...
Payment of goods and services across the country at merchants’ location through Point of Sale (PoS) terminals in June recorded some 16% rise in value hitting...
Point of sale (PoS) terminals are to be deployed as additional redemption channel by government under the Growth Enhancement Support (GES) scheme to enable farmers access...
