January 23, 2017 | Customer Login

Press Release

CHEQUE FLASH REPORT 2016

October 17th, 2016

The Cheque, as a financial instrument will officially become 358 years old on the 16th of February 2017 and it is no longer news that its usage is gradually dwindling with each passing day. According to the Bank of International Settlement (BIS), the number of Cheques written by 18 countries who still utilize Cheques dropped […]

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EPIS Awards Category, Citation & Winners Red Highlight

March 3rd, 2016

EPIS_Awards_Category_Citation_and_Winners_red_highlight

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BVN Enrollment Centers

October 16th, 2015

ENROLLMENT CENTERS UNITED KINGDOM London: OIS Services, 56-57 Fleet Street, London EC4Y 1JU, UK Opening times: Monday to Friday (10am – 4pm) Tel: +44 (0) 20 7832 0001 Leicester: OIS Services, The Peepul Center Orchardson Avenue, Leicester LE4 6DP, UK Opening Times: Monday to Friday (10am – 4pm) Tel: +44 (0) 20 7832 0001 Manchester: […]

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2015 POS Adoption Study-Lagos State

May 21st, 2015

The Nigerian payments system has evolved from a sole reliance on traditional paper-based instruments to using electronic channels. In Nigeria, the modern payments system started out being completely paper-based with the use of banks notes, payment orders, and cheques. In 1996, the payments system was modified to include card-based e-payment products, when the Central Bank […]

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Fraud Landscape in Nigeria 2015

March 25th, 2015

Globally fraud is on the rise as well as its sophistication. In Nigeria, over the years most of these incidents have gone unreported. However, in 2013 under the directive of the CBN (Central Bank of Nigeria), NIBSS (Nigeria Interbank Settlement System Plc) developed the Anti-Fraud Portal with a view of getting the Banks to report […]

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NIBSS, IBM and Samsung Ennovate Naija Challenge

March 25th, 2015

The Central Bank of Nigeria (CBN) introduced a new policy on cash-based transactions which stipulates a cash handling charge on daily cash withdrawals. The new policy is aimed at reducing the amount of physical cash circulating, encouraging more electronic-based transactions (payments for goods, services, transfers, etc.) and drive financial inclusion by providing more efficient transaction […]

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POS FUNCTIONAL SPECIFICATION

November 21st, 2014

In August 2011, the Central Bank of Nigeria approved the Guidelines on Point Of Sale (PoS) Card Acceptance Services, which amongst others, mandated Nigeria Inter-Bank Settlement System Plc (NIBSS) to act as the Payments Terminal Service Aggregator for the financial system. POS FUNCTIONAL SPECIFICATION

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LIST OF APPROVED PAYMENT TERMINALS/APPLICATIONS

October 3rd, 2013

Payment Terminal and Application Certification In August 2011, the Central Bank of Nigeria approved the Guidelines on Point Of Sale (PoS) Card Acceptance Services, which amongst others, mandated Nigeria Inter-Bank Settlement System Plc (NIBSS) to act as the Payments Terminal Service Aggregator for the financial system. As the Payment Terminal Service Aggregator (PTSA), NIBSS is […]

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