Effective May 2017, the Central Bank of Nigeria (CBN) will begin to implement a new pricing regime in the payment space, called the interchange fee, which replaces the Merchant Service Charge (MSC).
The introduction of the new pricing regime will bring about greater payment card issuance and utilis
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
HOPE MOSES-ASHIKE
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more