30 results
- 11 Sept 2019
CBN Urges Fintechs, Payment Service Providers to Stick to Standards
The Central Bank of Nigeria has urged financial technology companies, payment service providers and Deposit Money Banks engaged in offering payment solutions to customers to ensure they adhere to…
- 7 May 2012
Unified Payments Bags E-payment Service Provider 2011 Award
Unified Payments has emerged winner as E-payment Service Provider for 2011 in the just concluded Beacon of ICT Awards by Communication Media Limited, publishers of Nigeria CommunicationsWeek…
- 23 Jan 2022
DPO Group Secures Licence to Provide Payments Services in Nigeria
One Payment Limited, a subsidiary of the leading Pan-African digital payments group, DPO Group has been granted a licence by the Central Bank of Nigeria to provide certain types of payments services…
- 1 Aug 2024
Flutterwave Gains Ground in Ghana with Enhanced Payment Service Provider License
Flutterwave, a leading payments technology company, has recently been granted a Payment Service Provider license (Enhanced Category) by the Bank of Ghana. The milestone marks a significant expansion…
- 9 Apr 2019
ITEX Emerges CBN Most Efficient Payment Terminal Service Provider
Itex Integrated Services Ltd, a Pan African Financial Technology company that provides innovative solutions for commerce and payment acceptance, has emerged winner of the “Most Efficient Payment…
- 7 Mar 2018
CBN Approves Cellulant Nigeria as Payment Service Provider
Central Bank of Nigeria (CBN) has issued an approval in principle to Cellulant Nigeria Limited to operate as a Payment Solution Service Provider (PSSP) in Nigeria. According to a statement…
- 27 Dec 2020
CBN Revokes Licences of 7 Payment Service Providers
Central Bank of Nigeria (CBN) has announced the revocation of operating licences of seven payment service providers (PSP), and one switch operator. Mr. Godwin Emefiele, CBN governor The apex bank, in…
- 16 Feb 2023
CBN Renews Cellulant’s Payment Service Solution Provider Licence
The Central Bank of Nigeria (CBN) has renewed Cellulant’s Payment Service Solution Provider License in Nigeria. This license enables Cellulant to continue providing online and offline payment…
- 23 Jul 2021
Cellulant Gets Approval from Bank of Tanzania to Become a Payment Solution Service Provider
The Bank of Tanzania (BOT) has issued an approval in principle to Cellulant Corporation to operate as a Payment Solution Service Provider in Tanzania having satisfied all the necessary requirements.…
- 27 Apr 2024
CBN Licenses Unified Payments as Second Provider for PTSA Services for Nigeria
Central Bank of Nigeria (CBN) has awarded the country’s second Payment Terminal Service Aggregator (PTSA) license to Unified Payments, Nigeria’s premier financial technology company, following a…
- 12 Sept 2024
CBN Directs Payment Service Providers to Tracking POS Transactions
Central Bank of Nigeria (CBN) has issued a new directive mandating that all Point-of-Sale (PoS) transactions at merchant and agent locations, whether physical or electronic, must be routed through a…
- 4 Jul 2017
NITDA Warns IT Service Providers over Poor QoS
National Information Technology Development Agency (NITDA) has warned information technology service providers over poor quality of services (QoS) and low standards of products. Dr Isa Ali Ibrahim…
- 5 Mar 2018
Banks Outsource Payment Gateway Services to Fintech
Some money deposit banks have started the outsourcing of their payment gateway services to payment platform providers, in a bid to ensure efficient service delivery and focus on traditional banking…
- 14 Apr 2014
Facebook to Provide Mobile Payment Services
Facebook Inc is preparing to join the mobile-payments race with remittances and electronic-money services on the social network, the Financial Times reported, citing several people involved in…
- 30 Oct 2023
9PSB Partners XCHANGEBOX to Provide Payment Solutions
9 Payment Service Bank (9PSB), Nigeria’s digital payment service bank focused on financial inclusion, has entered into a strategic partnership with XCHANGEBOX, a leading licensed Super-Agent service…
- 26 Mar 2012
Payair Launches Next Generation Mobile Payment Service
Payair, the leading provider of mobile payments is now launching the next generation of mobile payment services, a solution which not only handles the payment process with both support for NFC and…
- 16 Oct 2024
9 Payment Service Bank Celebrates 2024 Customer Service Week with Impressive Activities
9 Payment Service Bank (9PSB), Nigeria's leading digital payment service bank dedicated to advancing financial inclusion, celebrated the 2024 Customer Service Week, themed: "Above and Beyond." The…
- 27 Mar 2019
Global Accelerex Bags CBN Award for PoS Transactions Performance
Global Accelerex Limited, one of Nigeria's leading payment terminal service provider and payment solution service provider, has been rewarded for its exceptional performance in the Nigerian…
- 8 Apr 2014
Unified Payments Launches Payarena
Unified Payment Services Limited, leading Payments Industry Service Provider has introduced a new service platform, Payarena®. Payarena offers customers access to Value Added Services which include…
- 1 Jul 2022
Airtel Africa Launches Smartcash Payment Service Bank in Nigeria
Airtel Africa, telecommunications and mobile money services provider with a presence in 14 countries across Africa, has launched SmartCash Payment Service Bank, its wholly-owned subsidiary, to…
- 14 Aug 2013
Unified Payments Addresses Issues at PoS with Solution
Unified Payments, an electronic payment service provider is to launch a solution that will address the challenges of poor telecommunications infrastructure at Point of Sale (PoS) terminals, Nigeria…
- 23 Apr 2015
MasterCard Grants Unified Payment License to Accelerate Merchants e-Payments
MasterCard on Thursday granted an acquiring license to Unified Payment Service Limited (Unified Payments) a leading Payments Service Provider in a move that is expected to broadly increase the…
- 7 Dec 2023
NIBSS Orders Banks to Suspend Opay, Flutterwave, Others from Transfer List
Nigeria Inter-Bank Settlement System (NIBSS) has asked banks to delist Payment Solution Service Providers (PSSPs) Switches and Super Agents from its outward payment or transfer list. Payment Solution…
- 15 Jun 2026
CBN Orders Banks, Fintechs to Host Payment Data Locally
The Central Bank of Nigeria has directed banks, fintech firms, and other payment service providers to store payment transaction data generated within the country on local servers from January 1,…
- 24 May 2016
3rd Party Touch-Based Payment Service to Increase 150%- Deloitte
Deloitte Global has predicted that in 2016, the number of individuals who use a third party touch-based payment service to make a purchase on their mobile devices (smartphones and tablets) should…
- 12 Feb 2018
Global Accelerex Launches First Certified Android PoS Terminal
Global Accelerex, Central Bank of Nigeria licensed payment terminal service provider and payment service solution provider, has scored another first with the launch of NEXGO N5, the first single unit…
- 7 Apr 2015
UPS Capital Showcases Supply Chain Financial, Insurance & Payment Services
UPS Capital®, a subsidiary of UPS®, which provides supply chain financial, insurance and payment services, announced the launch of its new website, www.upscapital.com. The new website gives…
- 19 May 2022
MoMo Payment Service Bank Formally Commences Operations
Following the final approval for a Payment Service Bank (PSB) licence granted by the Central Bank of Nigeria (CBN), MTN Nigeria’s fintech subsidiary, MoMo Payment Service Bank (MoMo PSB) Limited,…
- 8 Feb 2023
Flutterwave Expands into North Africa with New Egypt Payments Licenses
Flutterwave, Africa’s payments technology company, has announced that it has received its Payment Services Provider and Payments Facilitator licenses in Egypt. The licenses will enable Flutterwave to…
- 14 Mar 2024
Interswitch Merges with M-Kudi, Aims for Payment Service Bank License in Nigeria
Interswitch, backed by Visa, has revealed its merger plans with mobile money provider M-Kudi, signaling its intent to secure a Payment Service Bank (PSB) license from the Central Bank of Nigeria. The…