
Central Bank of Nigeria
Guidelines for Licensing and Regulation of Payment Service Banks
- Author
- Central Bank of Nigeria
- Year
- 2018
- Pages
- 18 pages
This guideline establishes the framework for licensing, structuring, operating, supervising, and regulating Payment Service Banks in Nigeria. It aims to expand financial inclusion by enabling technology-driven, high-volume low-value deposits, payments, remittances, savings, and withdrawals, particularly in rural and underserved communities. The document addresses eligibility and…