NetPOS secures regulatory approval for contactless payment system

The company confirms that it is already in discussions with multiple commercial banks in Nigeria to make the app available to SMEs in Nigeria.

NetPOS, a Fintech, and digital payment company, has secured approval from Nigeria Inter-Bank Settlement System Plc (NIBSS) to roll out its NetPOS Contactless App for commercial use in Nigeria. The app converts NFC-enabled devices to be able to accept card payments using contactless cards. The com

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