Nigeria Inter-Bank Settlement System (NIBSS) has unveiled a new payment solution called National Payment Stack (NPS) to revolutionise instant payment in the country.
The NPS builds on the legacy of NIBSS Instant Payments (NIP), which was built 14 years ago as Africa’s first real-time account-based digital payment solution.
Speaking during the unveiling in Lagos on Tuesday, the Managing Director of NIBSS, Mr. Premier Oiwoh, said the NPS was built to prepare Nigeria for the future of digital payments.
