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NIBSS direct banks to delist PSSPs, others from transfer list

NIBSS direct banks to delist PSSPs, others from transfer list
thestreetjournal.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreetjournal.org Daily Mail and Mail on Sunday newspapers.

Central Bank , Payment Solution Services , Permissible Services , Bank Settlement System , Payment Solution Service Providers , Nigeria Inter Bank Settlement System , Super Agents , Switching Companies , Electronic Payment , Mobile Money Operations ,

Banks to disconnect non-deposit financial institutions from transfer list - TheCitizen

Banks to disconnect non-deposit financial institutions from transfer list - TheCitizen
thecitizenng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecitizenng.com Daily Mail and Mail on Sunday newspapers.

Central Bank , Bank Settlement System Instant Payment Outwards , Permissible Services , Payment Solution Service Providers , Payment Solution Services , Super Agents , Switching Companies , Electronic Payment , Mobile Money Operations ,

Banks to disconnect non-deposit financial institutions from transfer

Banks have been asked to disconnect Switches, Payment Solution Service Providers, and Super Agents from the Nigeria Inter-Bank Settlement System Instant Payment Outwards System. ....

Payment Solution Services , Bank Settlement System Instant Payment Outwards , Permissible Services , Central Bank , Payment Solution Service Providers , Super Agents , Switching Companies , Electronic Payment , Mobile Money Operations ,

Nigerian Government Directs Commercial Banks To Remove Non-Deposit Financial Institutions From Fund Transfer Channels

The Nigerian government through the Nigeria Inter-Bank Settlement System (NIBSS) has asked banks to delist Payment Solution Service Providers, Switches, and Super Agents from its outward payment or transfer list. This directive is contained in a circular dated December 5, 2023, with Ref: NIBSS/BD/NI/PO/005/051223 to all banks. According to NIBSS the listing of non-deposit-taking financial institutions as beneficiaries contravenes the Central Bank of Nigeria guideline on electronic payment. ....

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