CBN Sets Daily Limit For Contactless Payment At ₦50k

The Central Bank of Nigeria (CBN) has set daily transaction limitations for contactless payments at ₦50,000. Contactless payments are a safe and convenient way to conduct transactions between payment devices such as pre-paid, debit, and credit cards, key fobs, mobile electronic devices, and wearable gadgets. The apex bank stated in a circular signed by Musa … Continue reading CBN Sets Daily Limit For Contactless Payment At ₦50k