July 25, 2017

NIBSS Automated Payment Services (NAPS)

NAPS is an integrated multi-bank e-Payment, e-Collection and Payroll & Bulk payment Platform. It is designed for the instant processing of payroll, pension, personnel records and execution of funds transfer, direct debit, collections, schedule delivery and payment instructions. NIBSS Plc. desires to strengthen and enhance its bulk payment processing (NEFT) offering, to deliver Improved operational efficiencies and increased functionality to its customers through the adoption and deployment of the NAPS Platform for inter-bank transactions.