Nigeria has witnessed a significant shift in the way people conduct financial transactions, with online transfers experiencing a staggering 2610.15 per cent increase over the past decade.
This surge in digital payments has led to a decline in the use of ATMs for transactions.
The report titled: “The Nigerian Payment Report 2024,” by Zone, in partnership with TechCabal Insights, clarified the way in which online transfers have replaced ATMs as the main method of financial transaction for Nigerians.
