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Instant fund transfer tops e-payment transactions with N22.6trn in 8 months

Instant electronic fund transfer, otherwise known as instant payments (NIPs), seems to be the darling of Nigerians when it comes to alternative cash payments in the country as about N22.6trillion passed through the platform in eight months. Industry figures obtained from the Central Bank of Nigeria (CBN), from January to August 2016, show that Point […]

ECOBANK TARGETS 100 MILLION CUSTOMERS WITH MASTERPASS

The Ecobank Group has signed a Memorandum of Understanding (MoU) with Mastercard to roll-out Masterpass QR, a mobile payment solution, across 33 African countries. This new agreement will give Ecobank the scale and capacity to achieve its 100 million customer ambition in a profitable and sustainable way by 2020. The MoU signals the largest Masterpass […]

Mastercard Makes Commerce More Conversational with Launch of Chatbots for Banks and Merchants

Chatbots to Provide Partners with New Ways to Engage and Deliver Compelling, Personalized Experiences to Consumers; Mastercard Bot for Banks will be First Available on Facebook Messenger Mastercard announced its plans to launch artificial intelligence (AI) bots that allow consumers to transact, manage finances, and shop via messaging platforms. According to research firm Gartner, nearly […]

Payment cards’ restriction hurting banks, customers –Adeyinka

The Chairman, Committee of e-Banking Industry Heads and Chief Digital Officer of Wema Bank Plc, Mr. Dele Adeyinka, tells OYETUNJI ABIOYE about developments in the e-banking space and the need to increase the adoption of e-payment and alternate channels CAN you give an overview of the growth in the e-banking space over the years? The […]

October 31, 2016
By Info
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Instant fund transfer tops e-payment transactions with N22.6trn in 8 months

ECOBANK TARGETS 100 MILLION CUSTOMERS WITH MASTERPASS

Mastercard Makes Commerce More Conversational with Launch of Chatbots for Banks and Merchants

Payment cards’ restriction hurting banks, customers –Adeyinka

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