The data on fintech payment released by the Nigeria Inter-Bank Settlement Systems (“NIBSS”) has revealed that payment transactions worth N33.2 trillion were performed electronically in August through the NIBSS Instant Payment platform (NIP). This brings the total value of e-payment deals in the last 8 months to N238.7 trillion! This surge in electronic transactions shows a steady increase in e-payments in the country and a proof that more Nigerians are embracing cashless policy as more innovations are welcome to the payment ecosystem. The above record is a clear indicator for a huge potential for more technological innovations and business investment in the country’s payment … Continue reading HOW TO SET UP A FINTECH PAYMENT COMPANY IN NIGERIA