CBN Suspends Interchange Charges On Electronic Payment

The Central Bank of Nigeria (CBN) has suspended the implementation of inter change regime on electronic payment that involves merchant service until further notice. Director, banking and payments system department, CBN Mr Dipo Fatokun, in a signed circular to merchant acquirers, card issuers, card schemes, among other stakeholders explained that the apex banking regulating had......

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Published By: All News. - 3 days ago