Mobile Money Operators Record N555bn Transactions In Six Months
Lekan Paul
Posted On Nov 30, 2017
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Mobile Money Operators (MMOs) in the country have recorded N555.83 billion inter-scheme transactions in the first six months of year 2017, report says.
According to the latest e-payment industry fact sheet, the total number of mobile money users also stood at 2.3 million during the period.
The report shows that the N555.83 billion was achieved in 24.17 million deals among the 21 licensed MMOs by the Central Bank of Nigeria (CBN).
It noted that all the 21 MMOs have been integrated to the Nigerian Inter-Bank Settlement System Plc (NIBSS) platform for interoperability.
