Regulatory Alerts2012-12-21 | BPS/DIR/GEN/CIR/01/014Timeline for Interoperability and Interconnectivity
In order to enhance Nigeria's mobile payment system, the Central Bank of Nigeria directs all mobile money operators (MMOs) to fully connect their schemes to the National Central Switch by February 28, 2013. This mandate was reached during the Mobile Payment Forum on November 29, 2012, and failure to comply will result in appropriate sanctions.
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payments