Central Bank of Nigeria approves 3GEE Pay as PTSP

Wednesday 19 November 2014 11:59 CET | News

The Central Bank of Nigeria (CBN) has approved 3GEE Pay as a new Payment Terminal Service Provider (PTSP).

By the appointment, 3GEE PAY is to provide a biometric POS system for the Nigerias financial market. The biometric POS is driven by 3GEE Pay in collaboration with SZZT, a manufacturer of wireless POS terminal, in strategic partnership with Appzone, a global banking platform provider.

The device has dual functions of POS and bar-code computation for pre-coded items, eliminating the need for business owners to use two different devices for computation and payments.

The biometric device will soon be available in Nigerian financial market for banks, other financial institutions and business owners especially supermarkets and shops.

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Keywords: Central Bank of Nigeria, 3GEE Pay, PTSP, biometric POS, online payments, Appzone, online banking
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce