The Central Bank of Nigeria (CBN) has released new guidelines for contactless payments in the country, limiting the daily cumulative transaction limit via the channel to N50,000…
CBN Guidelines On Contactless Transactions thenigerianvoice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenigerianvoice.com Daily Mail and Mail on Sunday newspapers.
June 28, (THEWILL) - The Central Bank of Nigeria (CBN) has set a daily cumulative limit for contactless payments. The bank, in a circular on Tuesday, defined the transaction limits for contactless payment through accounts and wallets as N15,000 and a daily cumulative of N50,000. Contactless payment systems are credit cards and debit cards, key
The Central Bank of Nigeria (CBN) has set a N50,000 limit for contactless payments (payments made without physical contact between a payment device, such as pre-paid, debit, and credit cards, key fobs, mobile electronic devices, and wearable devices).
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