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Nigeria Sees Surge In Online Payments Amid Scarcity Of New Cash - Politics - Nairaland

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Nigeria Sees Surge In Online Payments Amid Scarcity Of New Cash by Talawaka: 4:49pm On Feb 20, 2023
Nigeria Sees Surge in Online Payments Amid Scarcity of New Cash

February 20, 2023 10:21 AM
Timothy Obiezu

A Nigerian banking report shows the volume of electronic payments has surged following cash shortages caused by a currency redesign. The Nigeria Interbank Settlement System says transactions increased by 55% in January alone. While the surge is seen as a positive move toward a cashless society, experts say Nigeria still faces challenges with online payments. Timothy Obiezu reports from Abuja, Nigeria.

Source: https://www.voanews.com/a/nigeria-sees-surge-in-online-payments-amid-scarcity-of-new-cash/6970674.html

Re: Nigeria Sees Surge In Online Payments Amid Scarcity Of New Cash by Talawaka: 4:50pm On Feb 20, 2023
Nigeria Sees Surge in Online Payments Amid Scarcity of New Cash

https://www.youtube.com/watch?v=lTVVGgybj2I
Re: Nigeria Sees Surge In Online Payments Amid Scarcity Of New Cash by Nobody: 4:55pm On Feb 20, 2023
While the banking system in Nigeria do not have the infrastructure or capacity to accommodate that surge

Wtf third world society

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Re: Nigeria Sees Surge In Online Payments Amid Scarcity Of New Cash by OkodiDenzel: 4:56pm On Feb 20, 2023
The kind of news I like to hear...while the community has moved on the so called elites are busy chewing their smelly mouths over pity for the poor which is mere hypocrisy

Re: Nigeria Sees Surge In Online Payments Amid Scarcity Of New Cash by Softmirror: 5:01pm On Feb 20, 2023
YOU AIN'T TALKING ABOUT HOW PEOPLE HAVE BECOME SO VULNERABLE DUE TO THE EXPOSURE OF THEIR OPT (PIN) DURING TRANSACTIONS. THERE HAVE BEEN MORE AND MORE REPORTS OF WIPED OFF ACCOUNTS BECAUSE PEOPLE ARE CARELESS DURING TRANSACTIONS AND THEIR PIN HAS BEEN DISCOVERED, AS WELL STOLING OF PHONES IS ON THE RISE TOO.

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