PoS transactions in Nigeria skyrocketed to N18 trillion in 2024, driven by cash shortages and fintech expansion.

The Federal Board of Revenue (FBR) has become a significant barrier to the widespread adoption of QR code ...

and ensuring affordability are essential to boosting confidence in digital payment systems. Regulatory reforms are pivotal, particularly in licensing fintechs and enabling electronic know-your ...

On the volume side, electronic transactions increased by 13.69 per cent from 11.69 billion to 13.92 billion at the end of 2024. The highest volume of transactions in 2024 was recorded in May at 1.02 ...

NIGERIA’S electronic payment transactions soared to N1.07 quadrillion in 2024, marking an all-time high and the first time the country’s e-payment system crossed the quadrillion threshold. This ...

The value of transactions over Point of Sales (PoS) terminals in Nigeria surged to N18 trillion in 2024, hitting an ...

The value of instant electronic ... cash shortage and the Central Bank of Nigeria’s (CBN) cashless policy. According to data just released by the Nigerian Inter Bank Settlement System (NIBSS ...

The world of finance is undergoing a digital revolution. Here's what the future could look like—and how your business can ...

Nigeria's e-payments surged to a record-breaking N1.07 quadrillion in 2024, driven by the CBN's cashless policy.

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Thunder Bay Transit passengers will have a more convenient and accessible payment option on city buses and Lift+ specialized buses with the installation of new fareboxes, a ...

Backed by the importance of globalization in the present world economy, payment gateways play a crucial role. International ...