CBN Directs PoS Operators to Integrate Platforms with National Payment Switches

Theinfostride | 15-12-2025 03:12am |

The Central Bank of Nigeria has directed all Point-of-Sale terminal providers to connect their operating systems to the Nigeria Inter-Bank Settlement System and the Unified Payment Services Limited as part of efforts to strengthen transaction transparency, improve payment system efficiency, and curb fraud within the digital payments ecosystem. The directive, reported by Punch and other

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