
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...

The Central Bank of Nigeria (CBN) says Nigeria has more than 100 million mobile phone users that can support cashless policy. Aaron Yaduma, Head of CBN’s...

Savers Card International (SCI), owners of the Savers Club Discount Card, has re-launched its premium discount card. The Savers Club Discount Card, which comes as a...

Nigeria Interbank Settlement System (NIBSS) is offering electronic cardholders in the country cash back of 50 kobo for every N100 spent in the use of e-payment...

The cashless initiative of the Central Bank of Nigeria (CBN) has received another boost with the introduction of payme.ng, an innovative, easy to use cashless payment...
Verve International, an indigenous electronic payment card scheme has perfected arrangement that will enable its Verve card to be accepted at ATMs and point-of-sale (PoS) terminals...
Merchants in Nigeria that deployed point of sale terminals (PoS) and using them as means of payment of goods and services recorded transactions value of N9...