Business

How Visa will secure contactless payments in Nigeria- Andrew Uaboi – Vice President & Head, Visa West Africa

The Central Bank of Nigeria recently released guidelines for contactless payments, making this the first-time contactless solutions will be formally enabled in the country.


The guidelines seek to ensure that participants in contactless payments implement appropriate risk management measures while keeping to the best industry standards.


Contactless payments are already common in places like South Africa, Canada, Australia, and the United Kingdom.