Paystack Restores Zap Access, Integrates Peer-to-Peer App into Checkout After Regulatory Setback

Paystack, the Nigerian financial technology company providing online and offline payment solutions across Africa, has restored access to its peer-to-peer payment app, Zap, following a regulatory setback. The Central Bank of Nigeria (CBN) had fined Paystack N250 million over Zap’s initial operations, alleging that the app functioned as a deposit-taking wallet beyond the scope of

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