2021-01-13 | PSM/DIR/CON/INM/08/118

Framework for Quick Response (QR) Code Payments in Nigeria

The Central Bank of Nigeria issues a framework for QR code payments to promote electronic payments and enhance payment system security and stability. The framework outlines specifications, roles, and responsibilities for participants, emphasizing interoperability and risk management. Non-compliance with the framework will result in sanctions by the Central Bank of Nigeria.

Nigeria

Central Bank of Nigeria

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