2014-11-06 | BPS/DIR/GEN/CIR/05/005

Circular on Exposure Draft on the Guidelines and Regulatory Framework on Mobile Payments Services in Nigeria

The Central Bank of Nigeria circulates an exposure draft on guidelines and a regulatory framework for mobile payment services in the country. The draft is sent to all deposit money banks, mobile money operators, and switches for review and comments, with a deadline of December 5, 2014. This is part of the CBN's mandate to develop Nigeria's electronic payments system.

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payments
fintech