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Electronic Payment

Imo: Uzodinma insists on e-payment of workers salaries

Uzodinma

Governor Hope Uzodinma of Imo State has insisted that there is no going back on the planned electronic payment of salaries of workers in the state. The governor said this while briefing newsmen after the state executive council meeting in Owerri on Wednesday. Uzodinma, who spoke through his Information and Strategy Commissioner, Mr. Declan Emelumba, […]

Banking sector records N32.90trn e-payment in Q2

*As ATM dominates volume of transactions with N1.6bn The National Bureau of Statistics (NBS) has disclosed that total value of Electronic payment channels in the Nigeria banking sector has increased to N32.90 trillion in second quarter of 2018. The statistics office in its ‘Selected Banking Sector Data: Sectoral Breakdown of Credit, Electronic payment Channels and […]

FirstBank achieves payment card version 3.2 recertification

FirstBank

First Bank of Nigeria Limited has successfully recertified to the Payment Card Industry Data Security Standard (PCI DSS) version 3.2, having been one of the first top-tier banks in Nigeria to obtain the PCI DSS certification in 2014. This recertification reaffirms the bank’s leading position in the payment card industry in Nigeria. Recently, FirstBank was […]