30 results
- 4 May 2010
ePayment Goes Into Schools’ Curriculum
ePayment, transaction in which monetary value is transfered electronically or digitally between two entities as compensation for the receipt of goods and services is to be incorporated into Nigerian…
- 13 Mar 2017
ePayment Stakeholders Gear for Cashless Initiative Relaunch
Stakeholders in the epayment ecosystem have pledged their readiness to cope with challenges that may arise with the reintroduction of charges on cash withdrawals. The Central Bank of Nigeria (CBN) in…
- 17 Aug 2020
How We Have Strengthened BillsnPay in Nigeria’s ePayment Ecosystem - CWG Plc
Nigeria’s largest system integrator, CWG Plc said it has strengthened its BillsnPay platform in Nigeria’s ePayment ecosystem by partnering with credible payment processing platforms that have…
- 17 Jul 2023
Demystifying ePayments: How Policies and Regulations Can Make Them Work for Everyone
By Abang Emenyi, Head, Growth & Marketing, OnePipe The sights and sounds of a bustling local market in Lagos on a busy Saturday are something to behold. Traders energetically marketing their…
- 28 Feb 2012
ePayment to Control 3Bn Bank Notes Prints Annually-NSPMC
Upon disclosure that Nigeria prints about three billion bank notes annually, the Nigerian Security Printing and Minting Company (NSPMC) has affirmed that cash-less policy of the Central Bank of…
- 30 Jan 2019
CBN Issues ePayments Regulation, Introduces Fines
Central Bank of Nigeria (CBN) has issued a regulation on the end-to-end electronic payment of salaries, pensions and other remittances, suppliers and revenue collections in Nigeria. The apex…
- 11 Sept 2019
CBN Threatens to Sanction Bank Chiefs Who Breach ePayment Rules
Central Bank of Nigeria (CBN) said it will sanction bank chiefs who its breach e-payment reporting rules, including using unapproved third party end-to-end payment solution. Chief executives…
- 19 Nov 2017
ePayment Stakeholders’ Seek Review of Policy on PoS to Boost Growth
Worried by slow pace of growth in the use of Point of Sale terminal (PoS) as a means of payment in the country, stakeholders have called on Central Bank of Nigeria (CBN)to review its policy direction…
- 10 Jan 2017
Systemspecs to Deepen CBN’s ePayment Drive
Systemspecs Limited, promoter of Remita platform used by the federal government for its Treasury Single Account (TSA) said they are on the same page with the Central Bank of Nigeria (CBN) to deepen…
- 30 Nov 2016
SG, American Express Join Forces for SSA ePayment Market
‎Societe Generale has announced that it has signed a merchant acquiring partnership with American Express in eight countries in Sub-Saharan Africa where the Bank operates. These countries include…
- 24 Dec 2014
Banks in Nigeria Sign on MasterCard for ePayment Initiative
Virtually all commercial banks in Nigeria have signed on MasterCard, as part of financial sector's drive towards secured and seamless e-payment systems in Nigeria. Speaking at a public forum in Lagos…
- 17 Oct 2012
MasterCard Creates Platform for ePayment Excellence
A series of intensive workshops hosted by MasterCard, global electronic payments company, has ignited excitement as Nigerian banks, merchants and other payments industry stakeholders which…
- 3 May 2017
SystemSpecs Edges Other to Emerge Most Innovative ePayment Company
SystemSpecs, the owner and operator Remita, the e-payment platform that has generated N7 trillion for the Federal Government has been adjudged as the most innovative for creating the payment…
- 17 Apr 2018
First Bank, Verve to Promote ePayment for PMS Purchase
First Bank of Nigeria Limited (FirstBank) has partnered Verve International to further promote adoption of electronic payment system A press release signed by Folake Ani-Mumuney, group head,…
- 23 Nov 2020
Cashless Banking Attracts ePayment Risks- CBN
Central Bank of Nigeria (CBN) has said the implementation of the cashless policy had increased the risks associated with e-payments. Speaking at the First Bank of Nigeria Information Security webinar…
- 13 Apr 2016
MasterCard, Souq.com to Boost ePayment Experience for Customers
MasterCard and Souq.com, the Middle East’s largest online retail and marketplace platform, has announced a collaboration to provide a world-class payment experience for customers. The collaboration…
- 5 Apr 2016
MasterCard Reinforces MEA ePayment Security with IQ Series
Reinforcing its commitment towards a secure cashless environment and superior experience through secure and innovative solutions, MasterCard launched the IQ Series at its Global Risk Leadership…
- 27 Jul 2021
Upperlink Achieves ISO/IEC Certifications for ePayment, Software Devt
Upperlink, Nigeria’s leading software development and e-payment firm has achieved the International Organisation for Standardisation (ISO) and International Electrotechnical Commission (IEC)…
- 6 May 2020
First Bank Says 275,000 Customers used ePayment during COVID-19 Lockdown
First Bank has said that no fewer than 275,000 customers of the lending institution adopted alternative channels of transactions during the lockdown. A statement from the bank disclosed this while…
- 9 Nov 2014
MasterCard, UBA Partner for Access to ePayment
MasterCard, and United Bank for Africa (UBA), have completed a multi-country licensing project that will see the pan-African bank accept and issue MasterCard prepaid, debit and credit cards in 14…
- 25 Oct 2014
ePayment Media Academy 101 Holds Next Week
The role of the Electronic Payment Providers Association of Nigeria (E-PPAN) has increasingly become oriented to policy advocacy, capacity building and training towards the achievement of the…
- 17 Jul 2012
TPS Launches ePayment Systems in Nigeria
Transaction Payment Solutions (TPS) has officially announced the opening its electronic payment solutions in Nigeria including Point of Sale (PoS) terminals, repairs and warranty for terminals,…
- 10 Mar 2016
Visa-Commissioned Study Estimates Migration to ePayments Added $300Bn to GDP Across 70 Countries
Visa Inc. on Thursday released the results of a new 2016 study conducted by Moody's Analytics that analyzed the impact of electronic payments on economic growth across 70 countries between 2011 and…
- 3 Aug 2022
NIPOST Seals Partnership with ePayment Firms to Target 38m Excluded Nigerians
Dr Ismail Adebayo Adewusi, postmaster general/CEO, Nigerian Postal Service (NIPOST), has signed a partnership agreement with operators of eGate and Visa to facilitate digital financial services,…
- 25 Feb 2015
MasterCard, Grooming Centre to Extend ePayments to MSMEs in Nigeria
MasterCard and Grooming Centre have signed a Memorandum of Understanding (MoU) that will see electronic payment solutions extended to 500,000 Micro, Small and Medium Enterprises (MSMEs) in peri-urban…
- 6 Apr 2015
CBN, ePayment Stakeholders Reduce Electronic Fraud by 65%
The various initiatives Central Bank of Nigeria (CBN) directed money deposit banks and e-payment services providers to implement have helped to reduce fraud committed through the e-payment channel by…
- 21 Mar 2023
To make ePayments more acceptable, Nigeria needs to curb fraud
By Victor Irechukwu, Head of Engineering, OnePipe When a credit alert drops on your phone, chances are you will get excited. Even if it wasn't a surprise and you were expecting that money. But when…
- 11 May 2015
eTranzact Powers ePayment 2.0 with #TheNewPocketMoni
Electronic transaction switching and payment processing company, eTranzact has unveiled a new mobile money platform called #TheNewPocketMoni, dumped a revolutionary application in the Nigerian…
- 17 Feb 2015
InterSwitch Launches $10m e-Payment Growth Fund
Interswitch, a leading pan-African integrated payment, processing and transaction switching company, announces the launch of a new $10 million ‘ePayment Growth Fund’. The fund is intended to serve as…
- 28 Feb 2012
Freight Forwarders Fight Corruption with Multi-User Card
The wind of ePayment system is blowing across the length and breadth of Nigeria’s economic courses with the maritime sector not left behind as the Council for the Regulation of Freight…