Revealed! See the new payment gateway NDIC uses to pay Heritage Bank customers

  • The Nigeria Deposit Insurance Corporation (NDIC) says it has adopted a new payment platform for depositors of Heritage Bank
  • The agency cited hitches in Remita for the switch, saying Remita has a lot of limitations
  • NDIC disclosed that it now uses the Nigeria Inter-Bank Settlement System to pay verified depositors

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

The Nigeria Deposit Insurance Corporation (NDIC) has adopted the Nigeria Inter-Bank Settlement System (NIBBS) to pay depositors of the failed Heritage Bank, citing limitations in Remita.