Nibss news

Here are some recent news and updates from the Nigerian Interbank Settlement System (NIBSS):

Recent News

  1. NIBSS Launches Instant Payment System: NIBSS has launched an instant payment system, which allows for real-time settlement of transactions between banks. This system is expected to reduce the time it takes for transactions to be settled from several hours to just a few minutes.
  2. NIBSS Partners with Mastercard to Enhance Payment Systems: NIBSS has partnered with Mastercard to enhance its payment systems and improve the efficiency of transactions in Nigeria. The partnership is expected to increase the adoption of digital payments in the country.
  3. NIBSS Introduces New Payment Terminal: NIBSS has introduced a new payment terminal, which allows merchants to accept payments from customers using various payment methods, including cards, mobile wallets, and online banking.
  4. NIBSS Launches Mobile Money Service: NIBSS has launched a mobile money service, which allows users to make payments, transfer funds, and access other financial services using their mobile phones.
  5. NIBSS Partners with CBN to Promote Financial Inclusion: NIBSS has partnered with the Central Bank of Nigeria (CBN) to promote financial inclusion in Nigeria. The partnership is expected to increase access to financial services for underserved communities.

Recent Updates

  1. NIBSS Launches New Website: NIBSS has launched a new website, which provides information on its services, products, and initiatives. The website is designed to improve transparency and communication with stakeholders.
  2. NIBSS Introduces New Payment Gateway: NIBSS has introduced a new payment gateway, which allows merchants to accept payments from customers using various payment methods.
  3. NIBSS Partners with Banks to Promote Digital Payments: NIBSS has partnered with several banks in Nigeria to promote digital payments and reduce the use of cash.
  4. NIBSS Launches New Mobile App: NIBSS has launched a new mobile app, which allows users to access its services and products on the go.
  5. NIBSS Introduces New Security Measures: NIBSS has introduced new security measures to protect its systems and prevent fraud. The measures include enhanced encryption and two-factor authentication.

I hope this information is helpful!