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.

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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