The Nigeria Inter-Bank Settlement System Plc (NIBSS) has launched the New Quick Response (NQR) payment solution, an innovative payment platform implemented on behalf of all financial service providers.
The chief executive officer of the NIBSS, Mr Premier Oiwoh at the launch in Lagos said, “Digital transactions supported through the NQR code payments will promote and enhance consumer payment experience while driving growth for business owners.”
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The payment solution will be deployed by deposit money banks to unlock a wealth of extra benefits that will transform the way Nigerians choose to pay for goods and services at all levels.
Earlier, the deputy governor, Financial Systems Stability in the Central Bank of Nigeria (CBN) and chairman, NIBSS, Mrs Aishah Ahmad, commended the team for this trailblazing achievement.
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