The Central Bank of Nigeria (CBN) has granted an Approval in Principle (AIP) to fintech platform Fincra to operate as a Payment Solution Service Provider (PSSP) across the country. With this AIP, CBN has given Fincra the go-ahead to deliver its payment offerings to enable businesses across Nigeria with payment solutions to send and receive payments seamlessly in a test environment. After getting the nod from CBN, Fincra has permission to deliver its financial payments services to help businesses across the country. About FincraFincra is a payment infrastructure provider helping businesses with solutions that enable them to receive payments with ease, send payments seamlessly, and scale their businesses across borders. Fincra enables businesses to receive payments from customers through different payment channels.

Source: The North Africa Journal June 10, 2022 04:25 UTC