NIBSS Payment Stack Processes 26.55m Transactions

• • 1 min read
NIBSS Payment Stack Processes 26.55m Transactions

LAGOS — The Nigeria Inter-Bank Settlement System's new National Payment Stack has processed 26.55 million transactions worth N1.4 trillion across 48 institutions. It will replace the NIBSS Instant Payment system, in use for 15 years. Managing Director Premier Oiwoh urged banks to complete their integration.

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