December 14, 2020/Proshare by FBNquest Research The latest data from a NBS series, produced in collaboration with the CBN, reveal that 2.8 billion transactions valued at NGN320trn were recorded on electronic payment channels in Q3 ’20. Online transfer transactions dominated the volume of transactions, with 1.5 billion (54% of the […]
Money Market
Chase, Air Canada and Mastercard Announce Partnership to Launch a Credit Card in the U.S.
Multi-year agreement will bring U.S. customers rich rewards and flexibility offered by the airline’s newly revamped Aeroplan loyalty program December 14, 2020/Mastercard Today Chase, the largest co-brand card issuer, and Air Canada, Canada’s largest airline and a Star Alliance founding member, announced a strategic partnership that will make Chase the […]
Nigeria’s Banking Sector Reports N319.99 Trillion ePayment Transactions in Q3 2020-NBS
December 12, 2020/NBS A total volume of 2,781,526,188 transactions valued at N319.99trn was recorded in Q3 2020 as data on Electronic Payment Channels in the Nigeria Banking Sector revealed. RTGS transfers dominated the volume of transactions recorded. 1,799,199 volume of Online Transfer transactions valued at N116.06trn were recorded in Q3 2020. In […]
