Nigeria: e-Payment Transactions Rise to N10 Trillion in September

26 November 2012

The volume of electronic funds transactions increased significantly to N10 trillion in the first nine months of the year, Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mr. Reginald Ihejiahi, has said.

Ihejiahi disclosed this amount, which was recorded in about 20 million transactions within the given period, came just as he also state that there had been a decline in the volume of cheque-based transactions in the industry.

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