Alert: Central Bank of Nigeria Circular PSM/DIR/CON/INM/018/122
Title: Circular on Interoperability and Interconnectivity
Summary: The Central Bank of Nigeria has observed that some acceptance devices deployed by banks are discriminating between payment cards. They remind all certified payment acceptance devices in Nigeria to accept all transactions from any card issued by any Nigerian bank, as stated in the Guidelines on Operations of Electronic Payment Channels in Nigeria (June 2020). Acquirers and other service providers are expected to be neutral entities that do not promote or favor any card brand over the other.
Posted on: Tuesday, December 06, 2022
Download: PSM/DIR/CON/INM/018/122