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NIBSS Joins Zone’s Blockchain Network for PTSA Operations Enhancement

NIBSS Joins Zone’s Blockchain Network for PTSA Operations Enhancement

08/20/24, 10:41 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/NG.svgnigeria
Industry
banking
lending
fintech
finance
financial services
Type
partnership
Nigeria Inter-Bank Settlement System (NIBSS) has partnered with Zone to utilize Zone’s blockchain network for enhancing its Payment Terminal Service Aggregation (PTSA) operations. This partnership marks a significant shift in the global financial landscape, as it is one of the world's first instances of regulatory participation in a private blockchain consortium.

Company Info

Company
Nigeria Inter-Bank Settlement System
Location
nigeria
Additional Info
Nigeria Inter-Bank Settlement System (NIBSS) is the financial hub of payments in Nigeria. It is owned by all licensed banks including the Central Bank of Nigeria (CBN).