How to Obtain a Payment Solution Service Providers Licence in Nigeria

Introduction A Payment Solution Service Providers (PSSP) licence is a financial licence within the payments system which is issued by the Central Bank of Nigeria (CBN). A PSSP licence authorizes…

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An Overview of the Central Bank of Nigeria Exposure Draft Guidelines on Contactless Payments in Nigeria

On 25 October 2022, the Central Bank of Nigeria (CBN) released the Exposure Draft Guidelines on Contactless Payments in Nigeria (the Guidelines). The Guidelines were released by CBN in line…

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