eNaira: Our goal is to achieve 100% cashless economy, says Emefiele | TheCable

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eNaira: Our goal is to achieve 100% cashless economy, says Emefiele | TheCable
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eNaira: Our goal is to achieve 100% cashless economy, says GodwinIEmefiele | TheCable

October 25, 2022 9:01 PM

But more importantly, the virtual currency was launched as a tool to further drive CBN’s cashless policy and on the grounds that “the use of physical cash in conducting business and making payments has been on the decline”. “At this time, I can say from what I have read from online banking to introducing the POS to ATMs, to mobile banking, working and collaborating with the ministry of education, I want to say that we have provided all the necessary infrastructure that should enable us to make cashless a nationwide journey.

“Even the bankers committee will hold a special bankers committee meeting tomorrow to deliberate further on this, so let’s expect the news.” “The additional functionalities include onboarding of revenue collection agencies to increase and simplify collections,” he added.

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