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The Punch

NIBSS and Transactility Partner to Develop National Payment Stack Infrastructure

The Nigeria Inter-Bank Settlement System has collaborated with Transactility to create a modern National Payment Stack for the country's financial ecosystem.

The national payment infrastructure operator is utilizing Transactility's jPOS open-source technology to build the new platform. This initiative aims to establish a next-generation payment stack for the Nigerian financial system.

Brief written with AI from reporting by The Punch. All rights to the original story belong to the publisher.

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