Tag
DIGITAL PAYMENTS
Eighty percent - 80% of pharmacies in the country pay for goods digitally, with 56.8% using point-of-sale (POS) systems and bank transfers, and 32.9% relying on direct bank transfers.
“Card or transfer?” is a question most Nigerians are now familiar with when making payments, however, that question would have been odd five years ago, when cash was the dominant means of payment.
In recent years, Africa has become a hotbed for digital payments. Digital payments have helped promote financial inclusion...
Digital payments have witnessed significant advancements in Africa, with various countries adopting innovative solutions such as cards, wallets, USSD, QR codes, and other digital products.
9 Payment Service Bank (9PSB), Nigeria’s foremost digital payment service bank focused on financial inclusion has unveiled its...
The report also revealed that bank transfers are the most common medium for making and receiving payments between businesses today...
Despite the challenges posed by the ins and outs of the COVID-19-imposed lockdowns in 2021, the world of...
According to the Central Bank of Nigeria, the overall population of Nigerians who use digital payment has increased...
Interswitch has come a long way, pioneering the Nigerian digital payments system.
MoneyGram, a fast-growing platform reported a growth rate of over 100% of the year to year digital transactions on its platforms in Q1 2020.
Electroneum will be launching an in-app electricity top-up feature across four African countries to support digital payment projects for electricity
The financial services industry is enjoying phenomenal growth and Standard chartered bank, certainly is not left behind.