Nigerians flock to Opay, Palmpay, others amid naira crunch

While the banking public face double whammy of naira notes scarcity and electronic transaction failures, some Nigerians are now turning to payment solution providers, like Opay, Palmpay, among others as a way out of the quagmire.

A lot of people have experienced disappointments over transaction failures due to Nigeria Inter-Bank Settlement System plc (NIBSS) system crash last week, findings showed.