Mobile Money Operators (MM0s) and Financial Technology firms have reacted to the new directives from the Nigeria Inter-Bank Settlement System (NIBSS) for banks to remove Payment Solution Service Providers (PSSPs), Switches and Super Agents from its outward transfer list.
THE WHISTLER reported that NIBSS in a circular with reference number, NIBSS/BD/NUP0/005/051723, directed banks to disconnect PSSPs, Switching Companies (Switches) and Super Agents from NIBSS Instant Payment (NIP) Outwards System.
