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PalmPay and Wema Bank successfully conduct initial transaction on NIBSS National Payment Stack

PalmPay and Wema Bank successfully conduct initial transaction on NIBSS National Payment Stack

Nigerian fintech companies PalmPay and Wema Bank have successfully conducted the first live transaction on the newly introduced National Payment Stack (NPS) by the Nigerian Interbank Payment System (NIBSS). This is seen as a significant milestone for Nigeria’s digital payments landscape. A statement from NIBSS revealed that this historic event occurred on Friday, November 7, […]