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276,852 Pos Transactions Failed On Christmas Eve —NIBSS - Printable Version +- Forums (http://contripeople.com) +-- Forum: General Discussion (http://contripeople.com/forumdisplay.php?fid=5) +--- Forum: Market Place (http://contripeople.com/forumdisplay.php?fid=77) +--- Thread: 276,852 Pos Transactions Failed On Christmas Eve —NIBSS (/showthread.php?tid=12328) |
276,852 Pos Transactions Failed On Christmas Eve —NIBSS - Edoman - 12-25-2018 About 25 per cent of Point of Sale transactions conducted by customers on Christmas Eve were not successful according to records from the Nigeria Inter- Bank Settlement System Plc . As of 8. 13 pm on Monday, the NIBSS revealed that a total volume of 1 ,107 ,229 transactions were conducted with an average processing time of 15 minutes , 49 seconds . It disclosed that the failed volume was 276, 852, which was 25 per cent of the total volume. The NIBSS is a financial sector that provides the mechanism for same day clearing and settlement of inter -bank transfers and payments It was set up by the Bankers Committee as a shared - service infrastructure for facilitating payments finalities , streamlining inter - bank payments and settlement mechanisms , to drive and promote electronic payments across the Nigerian financial industry . Continue Reading: https://www.hgsmediaplus.com.ng/2018/12/276852-pos-transactions-failed-on.html?m=1 |