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Finance

NIBSS: List of PSSPs, Switches, and Super Agents Delisted from Outward Transfers

Muhammad A. Aliyu
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Muhammad A. Aliyu
ByMuhammad A. Aliyu
Muhammad Ameer Aliyu is a prolific journalist who joined Okay News in 2015, aiming to contribute to the platform's positive growth. Currently serving as the Senior...
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Published: 2023/12/07
2 Min Read
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Following the recent directive from the Nigeria Inter-Bank Settlement System (NIBSS) instructing banks to delist Payment Solution Service Providers (PSSPs), Switches, and Super Agents from their outward payment or transfer lists, the list of affected entities has been released.

The affected PSSPs, Switches, and Super Agents, along with their corresponding NIP codes, are as follows:

S/NNIP CodePSSP/SUPER AGENTS/SWITCHES NAMESCATEGORY CODE 11
1090201XPRESS PAYMENTS11
2090202ACCELEREX NETWORK11
3090211ITEX INTEGRATED SERVICES LIMITED11
4100029INNOVECTIVES KESH11
5110002FLUTTERWAVE TECHNOLOGY SOLUTIONS LIMITED11
6110003INTERSWITCH LIMITED11
7110004First Apple Limited11
81100053LINE CARD MANAGEMENT LIMITED11
9110006PAYSTACK PAYMENTS LIMITED11
10110007TEAM APT11
11110008KADICK INTEGRATION LIMITED11
12110009Venture Garden Nigeria Limited11
13110011ARCA PAYMENTS COMPANY LIMITED11
14110013QR Payments11
15110014Cyberspace Limited11
16110015Vas2nets Limited11
17110017CROWDFORCE11
18110018Microsystems Investment and Development Limited11
19110021Bud infrastructure Limited11
20110022Koraypay11
21110023Capricorn Digital11
22110025NetApps Technology Limited11
23110026SPAY business11
24110027Yello Digital financial services11
25110028Nomba financial services Limited11
26110029Woven Finance11
27110033Paysure Technologies Limited11
28110044Leadremit Limited11
29110059Habaripay11
30110075IROFIT TECHNOLOGIES LIMITED11
31999999NIP VIRTUAL BANK11
32110019NIBSSUSSD PAYMENTS11

Please note that these entities are to be delisted only from NIP outward transfer channels, while inward transfers will continue to be processed.

This action is in line with CBN guidelines and regulations governing electronic payments in Nigeria.

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ByMuhammad A. Aliyu
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Muhammad Ameer Aliyu is a prolific journalist who joined Okay News in 2015, aiming to contribute to the platform's positive growth. Currently serving as the Senior Editor, he plays a key role in shaping the digital news landscape.
Previous Article NIBSS NIBSS Directs Banks to Delist Non-Deposit Financial Institutions from Outward Transfers
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