Digital Payments
UBA Upgrades PoS Terminals and UBA MONI App, Enhances Digital Payment Solutions
United Bank for Africa (UBA), a leading pan-African financial institution, has unveiled significant upgrades to its Point of Sale (PoS) terminals and its...
Mobile Money Surge: Nigeria’s Transactions Reach ₦1.68 Trillion Annually
Nigeria’s mobile money sector has witnessed a remarkable surge, with transaction values reaching a staggering ₦1.68 trillion within a single year. This explosive...
Moniepoint, Afrigopay Partner to Distribute 5 Million AfriGO Cards, Boosting Nigerian Digital Payments
Moniepoint Inc. has announced a strategic alliance with Afrigopay Financial Services Limited (AFSL), a subsidiary of the Nigeria Inter-Bank Settlement System (NIBSS), to...
Banks and Fintechs Under Fire: NIBSS Alleges Blatant Disregard for Withdrawal Limits, Fueling Fraud Surge
A stark revelation from the Nigeria Inter-Bank Settlement System (NIBSS) has cast a shadow over the integrity of Nigeria’s digital financial landscape. A...
Nigeria PoS Transactions Surge to N18 Trillion in 2024: A Cash-Strapped Nation Turns to Digital
The digital payment ecosystem in Nigeria is witnessing a swift revolution, with Point of Sale (PoS) transactions surging to an unprecedented N18 trillion...