CBN lauds the launch of NQR code payment system

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CBN lauds the launch of NQR code payment system
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The Central Bank of Nigeria (CBN) has requested that deposit money banks should create scan-to-pay options for customers, as the Nigeria Inter-Bank Settlement System Plc (NIBSS) launched the New Quick Response (NQR) payment solution.

The NQR is an innovative platform introduced on behalf of all financial service providers.

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NQR code solution proffers a robust platform that delivers instant value for P2B and P2P transactions by simply scanning to pay.

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