Alert: Central Bank of Nigeria Circular PSM/DIR/PUB/CIR/001/039
Title: Guidelines for Contactless Payments in Nigeria
Summary: This circular requests that banks, other financial institutions, and payments service providers adhere to the Guidelines for Contactless Payments in Nigeria. The purpose of these guidelines is to standardize operations, encourage the use of innovative products, and maintain financial system stability. It is essential for participants in contactless payments to implement proper risk management processes and adhere to relevant standards.
Posted on: Tuesday, June 27, 2023
Download: PSM/DIR/PUB/CIR/001/039