Cash shortage exposes e-payment channels’ weakness, says ICAN

Cash shortage exposes e-payment channels’ weakness, says ICAN

As Nigerians grapple with the reality of the new naira note policy, the Institute of Chartered Accountants of Nigeria says the cash-in-hand challenge has revealed the weakness in the country’s alternative financial payment system. As such, the institute advised banks, fintechs and telecommunication companies to ramp up investment in their alternative and digital payment platforms.

 
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Source: Cash shortage exposes e-payment channels’ weakness, says ICAN

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