30 results
- 8 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…
- 31 May 2026
POS Operators Threaten to Suspend Services over Exclusivity Practice
Association of Point of Sale Service Providers (POS) has threatened to suspend Verve card transaction services nationwide if the Central Bank of Nigeria (CBN) and the Federal Competition and Consumer…
- 8 Jun 2026
NRS Accredits Afri Invoice as Access Point Provider to Drive Nigeria’s Mandatory e-invoicing
Ahead of the July deadline, the Nigeria Revenue Service (NRS) has accredited Afri Invoice as an official Access Point Provider (APP) in a major move for digital tax compliance across Nigeria. This…
- 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…
- 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…
- 4 Aug 2008
Omatek Recruits Channel Partners, Resellers and Service Providers
Omatek Ventures Plc, a subsidiary of one of the leading Original Equipment Manufacturers in the country, Omatek Computers has assured the readiness of the firm to recruit more channel partners,…
- 9 Feb 2015
CWG Earns CBN PTSP Operational Licence
Computer Warehouse Group Plc (CWG), the leading Pan-African ICT Company has been issued the license to perform the activities of Payment Terminal Service Provider (PTSP) to Point-of-Sale terminals…
- 25 Jul 2013
Manufacturers Ready Implement Smart Techs for After Sales Service
An International Data Corporation (IDC) new Manufacturing Insights report, “ Business Strategy: Modernizing the Service Chain with Smart Technology,” which evaluates smart technology…
- 27 Nov 2012
Banks, Service Providers Parley on Removal of ATM Charges
The Association of Corporate Affairs Managers of Banks (Acamb) has said that the implementation of the Bankers Committee’s resolution to scrap the N100 charge on the usage of ATM of banks in which…
- 19 Jun 2023
Interswitch Partners Equity Bank Uganda to Provide Affordable Services
Interswitch, Africa’s integrated payments and digital commerce company, has partnered with Equity Bank, one of the top Banking Groups in East Africa, to provide the Bank’s customers with faster and…
- 25 May 2016
Innovectives, MasterCard, UBA Boost Konga e-Commerce with Kesh mPOS Solution
Innovectives, NIBSS’s certified mobile point of sale service provider, in conjunction with MasterCard and United Bank for Africa (UBA) have collaborated with Konga, Nigeria’s leading e-commerce…
- 23 Sept 2018
Stakeholders Seek Mandate for Ejournal Implementation in PoS Terminals
Stakeholders in the electronic payment ecosystem have urged Central Bank of Nigeria (CBN) to mandate Payment Terminal Services Providers (PTSPs) to implement electronic journal at point of sale…
- 18 Sept 2019
Rethinking Agency Banking with New Innovations in Nigeria
Emmanuel Okoegwale Few weeks ago, I attended a national financial services agency forum, organized by one of the leading industry players in Nigeria with very impressive attendance from agents,…
- 26 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…
- 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…
- 28 Feb 2015
Airtel Expands Footprint, Commissions New Outlet in Apapa Mall
Airtel Nigeria, leading telecommunications services provider, has taken further steps to deepen customer service delivery through its retail footprints, with the commissioning of an…
- 4 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…
- 19 May 2014
Banks, Merchants Invest $80m on PoS Terminals
Money deposit banks and merchants in the country have invested some $80 million in the acquisition of Point of Sale (PoS) terminals in their effort to facilitate electronic payment, Nigeria…
- 8 Jul 2016
Kaspersky ATM Security Solution Promises Malware Defense in a Small Package
Kaspersky Lab recently announced the availability of Kaspersky Embedded Systems Security, a targeted enterprise-grade solution designed to defend ATMs, point-of-sale systems and point-of-service…
- 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…
- 11 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…
- 27 Mar 2023
Verve Partners Alcineo on SoftPOS to Boost Contactless Digital Payment
Verve, Africa’s payment cards and digital token brand, has partnered with Alcineo, a provider of payment software and services, to deploy a software point-of-sale (SoftPOS) SDK solution. This…
- 31 Mar 2013
NCR Integrates Social Media Features into mPOS Service
NCR, US-based global technology company has enhanced its Silver mobile point of sale (POS) service. The upgraded offering enables small business owners to provide marketing messages to customers via…
- 15 Oct 2017
Global Accelerex Revolutionizes Digital Payment with NEXGO G2
Global Accelerex, a Central Bank of Nigeria licensed and fully certified Payment Terminal Service Provider (PTSP) has launched Nexgo G2, an innovative point of sale (PoS) terminal into the electronic…
- 18 Jun 2014
30% Enterprise in Nigeria Implemented M2M Technology - IDC
While the uptake of machine-to-machine (M2M) technologies is currently limited in Nigeria, improving data-transfer speeds will play a key role in driving future adoption of the concept, according to…
- 2 Mar 2009
ValuCard Nigeria Commences PoS Acquiring in Liberia
ValuCard Nigeria Plc has been licensed by Visa to acquire Point-of-Sale (POS) transactions in Liberia. By this license, ValuCard is now deploying Point of sale devices to merchant locations in…
- 5 Aug 2026
Airtel Nigeria Unveils Hundreds of Retail Shops in Wide Expansion of Customer Touch Points
Telecommunications services provider Airtel Nigeria has further extended its national retail footprint with the rollout of 350 out of a planned 500 premium experience centres, which are designed to…
- 15 Oct 2020
Stripe Acquires Nigeria’s Paystack for $200m
Stripe, American financial service platform, has acquired Paystack, one of Nigeria’s leading payment service providers. Paystack provides a quick way to integrate payments services into an online or…
- 29 Aug 2017
Youtap Introduces QR code Payment Apps in Africa
Global provider of mobile payments and financial services software Youtap has introduced a QR code solution and smartphone apps for mobile money services in Africa and Asia. As a global provider of…
- 5 Nov 2012
CBN Yet to Achieve Interoperability in POS Transactions
More than a year after Central Bank of Nigeria (CBN) issued a guideline on Point of Sale (PoS) card acceptance services; the sector is yet to achieve interoperability, no thanks to the challenges of…