Heritage Banking Company Limited has introduced Nigeria’s pioneer portable POS solution christened “PortaPOS” to ride on the mPOS revolution, which is fast gaining acceptance worldwide. Aimed at providing a seamless payment channel for the bank’s esteemed merchants, the Heritage PortaPOS is being introduced to address payment challenges within the retail payments space and also […]
Banking and electronic payment experts will later this week in Abuja examine the role of policy regulation in the implementation of the payment system at the 2014 retreat of the Committee of e-Banking Industry Heads. To lead discussions at the retreat are the Deputy Governor, Operations, Central Bank of Nigeria, Mr. Sulemain Barau; the Group […]
Banking and E-payment experts will converge at the 2014 annual retreat of the Committee of E-Banking Industry Heads (CeBIH) to examine the role of policy regulation in the implementation of the Nigeria’s Payment System Vision 2020. To lead discussions at the retreat are Alhaji Sulemain Barau, Deputy Governor, Central Bank of Nigeria, Operations Directorate; Mr […]
THE Committee of E-Banking Industry Heads (CeBIH) said there is need to explore the dynamics of developing a vibrant payment system alongside conducive policy regulations. CeBIH noted that the development has become imperative given the growing global recognition of the impact of electronic payments on the overall economy of nations. To this end, […]
Banking and e-payment experts will converge at the 2014 annual retreat of the Committee of E-Banking Industry Heads (CeBIH) to examine the role of policy regulation in the implementation of the Nigeria’s Payment System Vision (PSV) 2020. To lead discussions at the retreat are the Deputy Governor (Operations), Central Bank of Nigeria, Alhaji Sulemain Barau; […]
The nationwide implementation of the cashless policy, being driven by the Central Bank of Nigeria, is hampered by a number of challenges, according to industry stakeholders. The policy, which started in Lagos in 2012, is aimed at reducing the amount of physical cash circulating in the economy and encouraging more electronic-based transactions for payment for […]
Paga, a money transfer service provider works with banks, microfinance institutions and mobile network operators to bring banking to the banked and unbanked population. Its co-founder, Jay Alabraba said Paga Merchant Services allows businesses to collect payments and conduct money transfers. He said it is deepening the financial inclusion policy of the Central Bank of […]
The Head, Financial Inclusion Secretariat at the Central Bank of Nigeria (CBN), Mrs. Akin-FadeyiTemitope has said the central bank has outlined strategies to achieve 80 per cent financial inclusion by 2020. Temitope, who stated this during a one-day National Financial Inclusion Strategy workshop held in Kano yesterday, pointed out that most Nigerians in the rural […]
The Nigeria Internet Group (NIG) has recognised Guaranty Trust Bank (GTBank) as one of the foremost Nigerian banks with a very innovative internet banking platform and top-of-the-range electronic solutions, products and services which avail customers ease and convenience of best global banking standards. The recognition was given to the bank’s top management at its head […]
United Bank for Africa Plc has announced a deal with Ixaris and its Nigerian partner, Ojapay, to deploy a virtual card platform across its 20 African markets. The bank said it would use Ixaris Payment Server to deliver innovative payment options for individuals and corporates The e-commerce market in Africa is predicted to reach $75bn […]