Micro transfers fuel N600tn e-payment boom

Micro transactions, defined as transfers below $6.5 are powering Nigeria’s electronic payment (e-payment) boom, highlighting the increasing adoption of digital channels in everyday life, BusinessDay’s analysis of electronic transfer levy has revealed.

These micro transactions gained prominence following the Central Bank of Nigeria (CBN)’s recent unsuccessful cashless policy initiative.

Read more at Businessday

Leave a Reply

Your email address will not be published. Required fields are marked *