MFBs, PMBs, others to drive future of NIBSS mCash
The future of the mCash, a product of the Nigeria Inter-Bank Settlement System (NIBSS) is seen to be driven by expected significant adoption by other financial institutions (OFIs). Other financial institutions include microfinance banks (MFBs), Finance Companies (FCs), Primary Mortgage Banks (PMBs) and Development Finance Institutions (DFIs). mCash is a micro-payment platform or an innovative…