The Punch
Nigeria's Card Payments Poised for Significant Growth in 2025, Says Fintava Chief
Nigeria's card payment landscape is expected to experience significant growth in 2025 as the country continues its transition to a cashless economy, according to Fintava chief Samuel Ojerinde.
Nigeria's card payment landscape is expected to experience significant growth in 2025 as the country continues its transition towards a cashless economy, according to Samuel Ojerinde, Co-founder of Fintava. In a note shared with investors, Ojerinde stated that this trend will be driven by increasing consumer adoption and technological advancements. The growing use of card payments is expected to have a positive impact on the economy, contributing to its development and growth. As a result, card payment transactions are likely to rise in 2025, marking an important milestone in Nigeria's shift towards a more digital financial system.
Brief written with AI from reporting by The Punch. All rights to the original story belong to the publisher.