CBN Mandates Banks, Fintechs to Migrate POS Messaging to ISO 20022 System
The Central Bank of Nigeria (CBN) has mandated all banks, Payment Solution Service Providers (PSSPs), and licensed operators within the ...
Tag: PoS
payZeep Eyes Leadership in Nigeria’s Payment Solutions Market
The company stated that it has quietly established itself as a key player in the fintech space, leveraging innovative technology ...
Moniepoint, AfriGO Ink Partnership to Distribute 5 million Cards
Moniepoint Inc has sealed a strategic deal with AfriGoPay Financial Services Limited (AFSL), a subsidiary of the Nigeria Inter-Bank Settlement ...
Exclusive: CBN Battles to Resolve ‘Cashless ATMs’ as PoS ‘Epidemic’ Hits the Financial Sector
…How Nigerian Banks Are Struggling to Keep Up
How Agency Banking is Transforming Financial Access in Developing Countries
The journey toward financial inclusion begins with trust. For individuals unfamiliar with formal financial systems, having low-cost and reliable ways ...
Are ATMs Going Out of Fashion in Nigeria?
Nigeria is a cash-driven economy. Yet, today, when cash is needed, the default option isn’t the bank’s ATM but the ...
PalmPay Leads the Fight Against Fraud as Nigeria Loses Over ₦42 Billion in Q2 2024
Mobile, web, and POS-related fraud remain the most prevalent types, with cybercriminal activities involving external actors increasing by 5.20% and ...
Moniepoint is CBN’s Financial Inclusion Champion
In a move that signposts its market leadership, Moniepoint has been recognized as the Financially Inclusive Fintech of the Year ...
Emerging Financial Services Opportunities for African Telcos
The growing role of telco operators in driving financial inclusion through accessible mobile-first financial services, writes Robert van Breukelen, COO ...
How POS Innovations Enhance Customer Experiences for Telcos
According to Tracey van Heerden, Head of Product Development & Operations at Itemate Solutions, the dynamic African telco sector is ...
KYC Verification: Experience the Best in Holiday Shopping with the PalmPay App
As the holiday shopping frenzy reaches a crescendo ahead of December 25th, many shoppers will struggle to find retail outlets ...
Telecoms: Is Dr. Aminu Maida the Right Man for the Job?
Whether by happenstance or providence, the telecommunications revolution in Nigeria coincided with the dawn of the new millennium. A breakthrough ...
CBN Admits there’s Naira Scarcity, Gives Reasons
The Central Bank of Nigeria (CBN) has admitted there is scarcity of naira notes in the country, even as the ...
Eight Important Steps to Secure Your Bank Account this Holiday
One of the factors limiting financial inclusion among the unbanked is the perception that banks are not safe to store ...
Verve Surpasses 50 million Payment Cards
…consolidates market leadership in Nigeria Verve International, Africa’s first and largest domestic payments scheme has yet again attained a remarkable ...