CBN Gives Banks 30 Days to Implement Dual PoS Connectivity -...

CBN gives PoS terminal providers one month to connect system to NIBSS and UPSL - Newsy People

The Central Bank of Nigeria (CBN) has directed all acquirers, processors, and Payment Terminal Service Providers (PTSPs) to implement dual connectivity for point of sale (PoS) transactions within one month, as part of efforts to strengthen transaction reliability and reduce service disruptions.   In a circular dated December 11, 2025, signed by Rakiya Yusuf, the CBN’s director of the payments system supervision department, the apex bank stated: …

CBN gives financial institutions one month to route all PoS transactions through NIBSS and UPSL

CBN mandates dual connectivity for all PoS transactions, forcing banks and PSPs to link with NIBSS and UPSL within 30 days.

CBN Gives Banks 30 Days to Implement Dual PoS Connectivity -...

The Central Bank of Nigeria, CBN, has directed all banks, financial institutions, acquirers, and payment service providers to implement mandatory dual connectiv... #business, #cbn, #pos, #banks, #flyingeze

CBN sets one-month deadline for dual PoS connectivity

The Central Bank of Nigeria (CBN) has ordered all financial institutions, acquirers, and payment service providers to implement mandatory dual connectivity for Point of Sale (PoS) transactions within one month. The circular, signed by Director of the Payments System Supervision Department, Rakiya Yusuf and dated December 11, 2025, updates a September 2024 policy. “It aims […]