Home | About Us | FAQs | RSS | Contact Us | Sitemap | Careers | Educational | Freedom of Information    

Licensed Payments Service Providers

Introduction | Retails Payments | Modes | Large Value Payments | PSV2020 | Oversight | Payments Service Providers | BVN | Circulars | Guidelines | e-Payment Statistics | International Money Transfer Operators

 

A.   CARD/PAYMENT SCHEMES

SN LICENCE
1.

3 LINE CARD MANAGEMENT LIMITED

2.

AMERICAN EXPRESS INTERNATIONAL

3.

MASTERCARD INTERNATIONAL

4.

PAYATTITUDE

5.

UNIONPAY INTERNATIONAL

6.

VERVE INTERNATIONAL

7.

VISA INTERNATIONAL SERVICE ASSOCIATION

B. MOBILE MONEY OPERATOR LICENCE CATEGORY

S/NO LICENCE
1. 

CELLULANT NIGERIA LIMITED

2. 

CHAMS MOBILE

 3. 

ETRANZACT INTERNATIONAL LIMITED

4. 

FORTIS MOBILE MONEY LIMITED

5. 

FUNDS AND ELECTRONIC TRANSFER (FETS) LIMITED

6.

HEDONMARK MANAGEMENT SERVICES LIMITED

7.

MKUDI LIMITED

8.

NOWNOW DIGITAL SYSTEMS LIMITED

9.

PAGATECH LIMITED

10.

PALMPAY LIMITED

11.

PARKWAY PROJECTS LIMITED

12

OPAY DIGITAL SERVICES LIMITED (FORMERLY PAYCOM NIGERIA LIMITED)

13.

TEASY INTERNATIONAL COMPANY LTD.

14.

VISUAL ICT LIMITED

15.

VTNETWORK LIMITED

16.

ZINTERNET LIMITED

C.   SWITCHING & PROCESSING LICENCE CATEGORY

S/NO LICENCE

1.

ARCA PAYMENTS COMPANY LIMITED

2.

CHAMSSWITCH LIMITED

3.

CORALPAY TECHNOLOGY NIGERIA LIMITED

4.

ETRANZACT INTERNATIONAL LIMITED

5.

HABARIPAY LIMITED

6.

INTERSWITCH LIMITED

7.

NETWORK INTERNATIONAL

8.

PAYSTACK PAYMENT LIMITED

9.

REMITA PAYMENT SERVICE LIMITED

10.

TEAMAPT LIMITED

11.

TERRA SWITCHING & PROCESSING COMPANY LIMITED

12.

UNIFIED PAYMENT SERVICES LIMITED

13.

XPRESS PAYMENTS SOLUTION LIMITED

D.   PAYMENT SOLUTION SERVICES LICENCE (PSS) CATEGORY

i.             PAYMENT SOLUTION SERVICE PROVIDER (PSSP) AUTHORISATION

S/NO LICENCE
1.

APPMART INTEGRATED LIMITED

2.

APPZONE LIMITED

3.

BUD INFRASTRUCTURE LIMITED

4.

CALLPHONE LIMITED

5.

CELLULANT NIGERIA LIMITED

6.

CENTRIC GATEWAY LIMITED

7.

CYBERSPACE LIMITED

8.

ERCAS INTEGRATED SOLUTIONS LIMITED

9.

E-SETTLEMENT LIMITED

10.

EYOWO INTEGRATED PAYMENTS LIMITED

11.

FLUTTERWAVE TECHNOLOGY SOLUTIONS LIMITED

12.

GLOBAL ACCELEREX LIMITED

13.

GPAY INSTANT SOLUTION LIMITED

14.

GTP CLIENT SERVICES LIMITED

15.

HELLOPAY AFRICA INTEGRATED SERVICE LTD

16

INFINITI SEGMENTS LIMITED

17.

INNOVATE 1 PAY LIMITED

18.

ITEX INTEGRATED SERVICES LIMITED

19.

KONETPAY NIGERIA LIMITED

20.

KORA PAYMENTS

21.

MULTIGATE PAYMENT LIMITED

22.

NETAPPS TECHNOLOGIES LIMITED

23.

NETPLUSDOTCOM NIGERIA LIMITED

24.

ONE PAYMENT LIMITED

25.

PARKWAY PROJECTS LIMITED

26.

PAYSURE TECHNOLOGIES LIMITED (FORMERLY BIZZDESK GROUP LIMITED)

27.

PAYU PAYMENTS NIGERIA LIMITED

28.

PETHAHIAH REHOBOTH INTERNATIONAL LIMITED

29.

PROPHIUS LIMITED

30.

QRI0S NETWORKS LIMITED

31.

SAANAPAY CORPORATE INVESTMENTS MANAGEMENT LIMITED (SAANACORP)

32.

SOFT ALLIANCE & RESOURCES LIMITED

33.

SPAY BUSINESS SOLUTIONS LIMITED

34.

UPPERLINK LIMITED

35.

VAS2NET TECHNOLOGIES LTD

36.

VENTURE GARDEN NIGERIA LIMITED

37.

VESTRAPAY NIGERIA LIMITED

38.

VOGUEPAY WEB SOLUTION LIMITED

39.

WOVEN FINANCE LIMITED

ii.             PAYMENT TERMINAL SERVICES PROVIDER (PTSP) AUTHORISATION

S/NO LICENCE
1.

3GEE PAY LIMITED

2.

BIZZDESK GLOBAL SOLUTIONS LIMITED

3.

C24 LIMITED

4.

CALLPHONE LIMITED

5.

CITISERVE LIMITED

6.

COMPUTER WAREHOUSE GROUP

7.

CYBERSPACE LIMITED

8.

ETOP NIGERIA LIMITED

9.

FIDESIC NIGERIA LIMITED

10.

FUNDS AND ELECTRONIC TRANSFER (FETS) LIMITED

11.

GLOBAL ACCELEREX LIMITED

12.

INTELLIFIN SOLUTION LIMITED

13.

ITEX INTEGRATED SERVICES LIMITED

14.

KARRABO FINANCIAL SOLUTIONS LIMITED

15.

KONETPAY NIGERIA LIMITED

16.

NETOP BUSINESS SYSTEMS LIMITED

17.

NETPLUSDOTCOM NIGERIA LIMITED

18.

SOTI INVESTMENTS LIMITED

19.

WI-PAY

iii.             SUPER-AGENT AUTHORISATION

S/NO LICENCE
1.

3LINE CARD MANAGEMENT

2.

5554 TECHNOLOGIES LIMITED

3.

ACCELEREX NETWORKS LIMITED

4.

AIRTEL MOBILE COMMERCE NIGERIA LIMITED

5.

C24 LIMITED

6.

CALLPHONE LIMITED

7.

CAPRICORN DIGITAL LIMITED

8.

CROWD FORCE LIMITED

9.

E-SETTLEMENT LIMITED

10.

INFIBRANCHES TECHNOLOGY LIMITED

11.

INNOVECTIVES LIMITED

12.

INTERSWITCH FINANCIAL INCLUSION SERVICES LIMITED

13.

ITEX INTEGRATED SERVICES LIMITED

14.

KADICK INTEGRATED LIMITED

15.

MICROSYSTEMS INVESTMENT AND DEVELOPMENT LIMITED

16

MONEYMASTER LIMITED

17.

NIGERIAN POSTAL SERVICE (NIPOST)

18.

NOMBA FINANCIAL SERVICES LIMITED (FORMERLY COSMIC INTELLIGENCE LAB LIMITED)

19.

Y'ELLO DIGITAL FINANCIAL SERVICES


Clearing House

Following the implementation of Cheque Truncation, there is only one (1) Clearing House in Nigeria (i.e. Nigeria Inter-Bank Clearing and Settlement System).


Framework, Policies, Guidelines and Circulars

These are various regulations and rules put in place by the Central Bank of Nigeria in collaboration with the key Stakeholders in the industry. Some of these are as listed below:
  1. Agent Banking Framework
  2. Regulatory Framework for Mobile Payment Services in Nigeria
  3. PoS Guidelines
  4. Switching/Stored Value Guidelines Standard
  5. Standard and Guidelines on ATM Operations in Nigeria
  6. Non Compliance with CBN Circular on ATM Deployment
  7. Cash Withdrawals and Lodgments
  8. Operational Rules and Regulations for the Nigeria Central Switch (NCS)
  9. Guidelines for Handling Complaints on Electronic Card Transactions
  10. Penalty for non-compliance with CBN Circulars and Guidelines on ATM Operations
  11. Guidelines on Stored Value/Prepaid Card Issuance Operations
  12. Guidelines on Direct Debit
  13. Circular on the Need to Combat Card Fraud
  14. Guidelines on Cheque Truncation
  15. Guidelines on e-Payments of Salaries/Pensions
  16. Standards for Electronic Payments to Government Suppliers
  17. Guidelines on Nigeria Direct Debit Scheme
  18. Nigerian Uniform Bank Account Number Standards (N.U.B.A.N)
  19. Electronic Payment for MDAs with Accounts with the CBN
  20. Circular to DMBs IRO Clearing of Financial Instruments of Liq/Legacy Banks
  21. Accreditation and Re-Accreditation of Cheque Printers
  22. Penalty for non-compliance with CBN Circulars and Guidelines on ATM Operations, etc.

 

 

 

Exchange Rates (NGN)
¥JPY3.1414Down
WAUA551.301Up
$USD418.47Up
CHF437.9592Up
SOUTH AFRICAN RAND25.1296Down
SDR552.5059Up
SAR111.3544Down
As at August 05, 2022
See More

Central Bank of Nigeria:: Did You Find
Icon Key
Print out page
Go to top of page
Definition of word
frequent questions on topic
Make us your homepage
Export data to Excel