Interswitch has announced that it processed 1.2 billion transactions in March 2023.
“This milestone is one that was made possible by our proactive investment in cutting-edge technologies that truly power the financial landscape. As we continue to grow and expand our operations, we remain committed to driving financial inclusion and helping businesses and individuals unlock the full potential of digital technologies.”There has been an increase in electronic transactions since the Federal Government’s redesign policy resulted in the scarcity of cash.
In January 2023, cashless transactions rose by 45.41 per cent year-on-year, according to the Nigeria Inter-Bank Settlement System.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WAEC Releases 2023 WASSCE Results for Private Candidates, Withholds 413Segun James – THISDAYLIVE
Read more »
UK: Testing Approach Comes To Effect From April 2023In the United Kingdom, changes to coronavirus (COVID-19) testing will come into effect on 1 April 2023, to ensure testing continues to focus on those at
Read more »
10 Hit Nigerian Songs Turning 20 In 2023 Yet Still Banging With Good MemoriesThe landscape of the Nigerian music industry has completely evolved from what it was in 2003. At that time, streaming platforms were almost nonexistent, and
Read more »
2023 Polls: Group warns Governor Matawalle over inciting comments, blaming Nigerian militaryThe Centre for Africa Liberation and Socio-Economic Rights (CALSER), a Civil Society Organisation, has accused Governor Bello Matawalle of displaying
Read more »
Centre Lauds INEC Chair, Prof. Yakubu, Over Conduct Of 2023 ElectionsThe Centre for Social Justice, Equity and Transparency (CSJET), has scored the Independent National Electoral Commission (INEC) high on the conduct of the
Read more »