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கட்டணம் முனையத்தில் சேவை வழங்குநர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Guardian s special focus on 10 most innovative, value-driven credit and loan, fintech firms in Nigeria | The Guardian Nigeria News - Nigeria and World News — Business — The Guardian Nigeria News – Nigeria and World News

The Guardian s special focus on 10 most innovative, value-driven credit and loan, fintech firms in Nigeria | The Guardian Nigeria News - Nigeria and World News — Business — The Guardian Nigeria News – Nigeria and World News
guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.

Highlights Of The Central Bank Of Nigeria s Approved New Licence Categorisation Requirements (Consolidated) 2021 For Operators Within The Nigerian Payments System - Finance and Banking

CBN sets new capital base for payment firms - Punch Newspapers

Punch Newspapers Sections The Central Bank of Nigeria has set new capital requirements for payment firms in the country. The CBN disclosed the capital requirements in a circular on Monday titled ‘New license requirements for the payments system’. The CBN stated that to have a Payment Terminal Service Provider licence, a firm was required to have N100m shareholders’ funds unimpaired by losses. It retained super agent’s licence at N50m; Switching and Processing firm’s licence at N2bn; Mobile Money Operator’s licence at N2bn; Payment Solution Services at N250m and Payment Solution Service Provider at N100m.

CBN Raises Capital Requirements for Payment Solutions Service Providers to N250m

By James Emejo The Central Bank of Nigeria (CBN) yesterday issued a new licence requirements for payment systems, increasing the minimum capital requirements for Payment Solutions Service Providers (PSSPs) to N250 million from N100 million. The new framework also reviewed downward, the capital requirements for licensing of Payment Solution Services (PSSs) to N100 million from N250 million. Capital requirement for the Switching and Processing licence remains unchanged at N2 billion, including Mobile Money Operator licence, which was retained at N2 billion. Others include the capital requirements for the Payment Terminal Service Provider (PTSP) licence, which remains at N100 million. The Super Agent licence was also maintained at N50 million.

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