Zone Payment Network, NIBSS Partners To Enhance POS Transactions

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Zone Payment Network, NIBSS Partners To Enhance POS Transactions
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Zone Payment Network Limited have partnered with the Nigeria Inter-Bank Settlement System to improve POS transactions nationwide (NIBSS).

The objective is to revolutionize Nigeria’s payment landscape by utilizing blockchain technology to optimize the payment value chain.

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The joint statement Indicated that through this collaboration, Zone and NIBSS will implement decentralized card routing technology, enabling banks and fintech companies to efficiently process POS transactions in strict adherence to CBN regulations.

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