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PSM/DIR/CON/INM/011/142
Guidelines for Licensing and Regulation of Payments Service Holding Companies in Nigeria
Published 8/3/2021
1054580PDFIcon
PSM/DIR/CON/INM/011/091
Framework and Guidelines on Mobile Money Services in Nigeria
Published 7/9/2021
556332PDFIcon
PSM/DIR/CON/INM/011/077
Supervisory Framework for Payment Service Banks
Published 7/8/2021
1321671PDFIcon
PSM/DIR/CON/INM/011/008
Regulatory Framework on Non-bank Merchant Acquiring in Nigeria
Published 5/28/2021
529768PDFIcon
PSM/DIR/CON/INM/10/145
New License Requirements for the Payments System
Published 5/24/2021
288568PDFIcon
PSM/DIR/PUB/CIR/02/01
Circular on the Regulatory Framework on Open Banking in Nigeria
Published 2/17/2021
728975PDFIcon
PSM/DIR/CON/INM/08/118
Framework for Quick Response (QR) Code Payments in Nigeria
Published 1/13/2021
559005PDFIcon
PSM/DIR/CON/INM/08/117
Issuance of the Framework for Regulatory Sandbox Operations
Published 1/13/2021
614541PDFIcon
PSM/PLD/GEN/INM/02/019
Receipt of Diaspora Remittances: Additional Operational Guidelines 2
Published 12/18/2020
53674PDFIcon
PSM/DIR/CON/CWO/16/119
Receipt of Diaspora Remittances: Additional Operational Guidelines
Published 12/16/2020 12:00:01 AM
81472PDFIcon
PSM/DIR/CON/CWD/14/152
New Licence Categorisation for Nigerian Payments Service Providers
Published 12/10/2020
174533PDFIcon
PSM/PLD/GEN/INM/01/092
Exposure Draft of Regulatory Framework for Sandbox Operation
Published 6/26/2020
473759PDFIcon
PSMD/31/05/2020
Guidelines on Operations of Electronic Payment Channels in Nigeria
Published 5/31/2020
734018PDFIcon
PSM/DIR/CON/CWO/05/030
Revised Standards on Nigeria Uniform Bank Account Number (NUBAN) for Banks and Other Financial Institutions
Published 3/9/2020
174971PDFIcon
PSM/PSI/GEN/CWD/01/028
Guideline on Nigerian Payments System Risk and Information Security Management Framework
Published 1/6/2020
452892PDFIcon
PSM/DIR/GEN/CIR/01/019
Circular on Pre-Authorisation of Cards in Nigeria
Published 12/30/2019 12:02:00 AM
50484PDFIcon
PSM/DIR/GEN/CIR/01/016
Re:Implementation of the Cash-less Policy
Published 10/16/2019
41030PDFIcon
PSM/DIR/CON/CWO/02/091
Regulation for the Operation of Indirect Participants in the Payments System
Published 10/10/2019
380486PDFIcon
PSM/DIR/GEN/CIR/01/12
Regulation on Electronic Payments and Collections for Public and Private sector in Nigeria
Published 9/10/2019
1149540PDFIcon
PSM/DIR/GEN/CIR/02/003
Request for Information on Proposed PSV 2030
Published 5/15/2019
756882PDFIcon

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Facts : 1/1/1995
Magnetic Ink Character Recognition:The Magnetic Ink Character Recognition (MICR) which is an automated system for sorting cheques and other financial instrumenTS. This facility came into effect in the early part of 1995.
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