AfriGO, Nigeria’s Domestic Card Scheme Gains Momentum in Financial Inclusion

Focus On Offline Payment Solutions to Enhance Financial Inclusions, Fintechs Told

Further he also underlined that financial inclusion is increasingly recognised as a major factor in economic growth and poverty alleviation on a global scale

AfriGO, Nigeria’s Domestic Card Scheme gains momentum in financial Inclusion

AfriGO, Nigeria’s first domestic card scheme launched by the Central Bank of Nigeria (CBN) in collaboration with the Nigeria Inter-Bank Settlement System Plc (NIBSS), has been making significant progress since its launch in 2023. Designed to provide dedicated, world-class payment services to citizens, AfriGO is revolutionising Nigeria’s payment ecosystem through instant merchant settlements and seamless multi-sector usability; including transpor…

AfriGO, Nigeria’s Domestic Card Scheme Gains Momentum in Financial Inclusion

AfriGO, Nigeria’s first domestic card scheme launched by the Central Bank of Nigeria (CBN) in partnership with the Nigeria Inter-Bank Settlement System (NIBSS), has recorded notable strides since its 2023 debut. Built to deliver secure, efficient payment services, AfriGO is enhancing the country’s payment landscape with instant merchant settlements, broad sector applications, including transport and a strong focus on data sovereignty. With a gro…

DFS secretary urges fintechs to focus on driving offline payment solutions to boost financial inclusion

New Delhi, Jul 7 (PTI) DFS Secretary M Nagaraju on Monday urged fintechs to focus on driving offline payment solutions to enhance financial inclusions. Also, he urged fintechs to use technologies such as artificial intelligence (AI) to enhance user convenience by simplifying the payment process. Speaking at the CII Summit on Financial Inclusion and FinTech, Nagaraju requested "fintechs to focus their attention on payment solutions for offline pa…

The rise of fintech: A cross-country perspective

We investigated the country determinants that encourage the establishment and activity of financial technology (fintech) companies. We found that coun…

AfriGO, Nigeria’s Domestic Card Scheme gains momentum in financial inclusion

AfriGO, Nigeria’s first domestic card scheme launched by the Central Bank of Nigeria (CBN) in collaboration with the Nigeria Inter-Bank Settlement System Plc (NIBSS), has been making significant progress since its launch in 2023. The post AfriGO, Nigeria’s Domestic Card Scheme gains momentum in financial inclusion   appeared first on Nairametrics.