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The government of Nigeria has revealed its intention to introduce a payment-integrated ID card in a bid to provide social and financial services.
product launch, financial services, digital payments, digital identity
Tosin Eniolorunda, Co-founder and CEO of Moniepoint, discusses Nigeria's shift to digital payments, fostering financial inclusion and empowering businesses.
digital payments, financial inclusion, mobile banking, online banking, mPOS
The Paypers has analysed the most prolific partnerships announced in Q1 2023 within the global fintech space, with a focus on Open Banking, A2A payments, embedded finance, B2B payments/lending, and entrance into separate verticals.
The Paypers Quarterly Analysis series, fintech, Open Banking, digital banking, account-to-account payment, embedded finance, B2B payments, lending, Variable Recurring Payments, API, banking, partnership
Kenya-based fintech Cellulant has augmented how businesses in Africa make and receive payments by introducing online and offline payment solutions.
online payments, payment processing, PCI DSS, compliance, payment methods
The Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement Systems (NIBSS) have launched a national payment card aimed at boosting financial inclusion in the region.
product launch, partnership, payments , card scheme, payment methods, financial inclusion, transactions , FX , banking
Austria-based mobile payment provider Bluecode has announced launching plugins for all web shops based on the "Magento" and "WooCommerce" shop systems.
product launch, mobile payments, payment processing, API, bank account
Nigeria-based Open Banking service provider Mono has released the Mono Telco data API to businesses in Nigeria.
product launch, Open Banking
Austria-based payment solution Bluecode has launched its mobile payment platform in Nigeria in collaboration with three Nigerian banks.
expansion, banking, payment processing, mobile payments, payments
NIBSS, QR code, mobile payments
Nigerian Inter-Bank Settlement Scheme, NIBSS, Nigeria, mobile payments, COVID-19, Opay, mobile payment method, Paga, Firstmonie
12.7 million Nigerians have driven the volume and value of instant payment transactions in the country, according to New Telegraph.
Nigeria, instant payments, Nigeria Interbank Settlement System, internet banking
Nigerian Interbank Settlement System (NIBSS) has indicated that Nigeria’s e-payment services recorded transactions worth NGN 56.85 trillion in 2018.
e-payments, Nigeria, ATM, card, Nigerian Interbank Settlement System, electronic bills payments
Smart2Pay, providing online alternative payment solutions, has expanded its presence in new African countries by offering mobile payment methods.
Smart2Pay, Africa, payment solutions, mobile payments, mobile device, API, merchants, local payment options
Papersoft and Integrated Biometrics have partnered with the Nigerian Interbank Settlement System to be part of the Financial Inclusion Strategy in Nigeria.
Papersoft, Integrated Biometrics, NIBSS, financial inclusion, partnership, Nigeria, identity challenges, financial services, biometrics
The Nigeria Inter-Bank Settlement Systems, MTN Nigeria, sixteen banks and major mobile telcos have partnered to relaunch mCash in Nigeria.
Nigeria, mobile payments, mCash, Nigeria, bank, merchant
The Nigeria Interbank Settlement Scheme, in collaboration with Nigerian money deposit banks and four telecommunications operators, has launched a new mobile money payment solution.
mobile, online, NIBSS, banks, telcos, mCash, e-payment, Nigeria
The highest number of fraudulent transactions in the banking sector takes place on Automated Teller Machines (ATMs), recent research shows.
online fraud, online security, cyber security, fraud prevention, ATMs, bank fraud, Nigeria
Nigeria’s government has confirmed its plans to link national ID cards to a biometrics-backed banking ID number created to prevent fraud.
biometrics, applications, online security, web fraud, digital identity, fingerprint, authentication, Nigeria
The Central Bank of Nigeria (CBN) has revealed establishment of the Nigeria Electronic Fraud Forum (NeFF).
fraud prevention, web fraud, digital identity, online security, risk management, cybercrime, cyber security, Nigeria, banks
goSwiff, a global provider of mobile commerce and marketing services, has unveiled its expansion of global operations to five continents as it gears up for 2015.
goSwiff, mobile commerce, global operations, Stefano Diemmi, Svyatoslav Garal, Alyson Grosshandler, mobile payments