‘Opay, Palmpay, Piggy Vest to Be Removed from Fund Transfer Channels – NIBSS
The Nigeria Interbank Settlement System Plc (NIBSS) has ordered Nigerian banks to disengage all non-deposit-taking financial entities from their Nigerian Interbank Payment (NIP) outward fund transfer channels. According to Nairametrics, the institutions defined in the directive as “Switching Companies (Switches), Payment Solution Service Providers (PSSPs), and Super Agents (SA),” are integral to the nation’s digital […]
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