Payment Solutions

The Central Bank of Nigeria (CBN) on Wednesday justified the rationale behind picking Ogun State, four other states, Rivers, Abia, Anambra, Kano, and Abuja for the second phase project of cashless policy, saying Ogun State government had started the cashless financial project in its ministries, departments and agencies before CBN introduced it in the state. […]

The Governor of the central Bank of Nigeria Mr Lamido Sanusi, during the CBN Cashless sensitization awareness programme in Awka on Tuesday yesterday said that  The Central Bank of Nigeria (CBN)  will officially commence implementation of the second phase of its cash-less policy in five states of the federation including the FCT Come October 1, 2013. […]

Recently, On the 18Th of july, 2013. The Central Bank of Nigeria (CBN) Representatives pays a visit to Globasure Technologies Limited on Certification and Licencing for payment terminal service providers(PTSP).  The aim of the visit is to ensure that the company is fit to be licence as a Payment Terminal Service Provider. Being Satisfied by the activities and methods of […]

After a scrupulous series of evaluation stages, the Central Bank of Nigeria (CBN) has finally approved Globasure Technologies Limited to operate as a Payment Terminal Service Provider (PTSP). This is a distinguishing feat for the financial technology company with expertise in the development, deployment and implementation of holistic innovative end-to-end payment solutions, services and support to the financial and […]

Globasure Technologies Limited, Nigeria’s financial technology and end-to-end payment Solutions Company is looking to further eliminate the use of cash by introducing new technology platforms -SerVpoint, that will allow customers to make payments with their mobile devices — not only online, but also in physical stores via Globasure’s retail Agents. This in subsequent periods may even eliminate […]

Michael Ife. It is a widely held view that the pilot phase of the cashless policy of the Central Bank of Nigeria (CBN) failed,due to the several number of challenges facing the cashless policy in Nigeria. But the apex bank has dispelled such opinion, saying the policy recorded success even as it was suspended. According to […]

Gone are the days when communication was limited to face to face, signals or by postage. Today, communication can take place between two or more people from any distance in the world through telephone or internet or other technological means these is also the same with Payment. To this regards; Globasure Technologies Limited, Nigeria’s a […]

It was on early Saturday morning, I boarded a bus from Lagos to Owerri, Eastern-part of Nigeria. Close to Benin the Capital of Edo State our Bus broke-down and we all had to find alternative means to our various destinations. Unfortunately for me I had no money to board another bus, however with my ATM […]

As the Central Bank of Nigeria (CBN) prepares to commence the next phase of the ‘Cashless Nigeria’ project in July, the Electronic Payment Providers Association of Nigeria (E-PPAN) says poor connectivity constitutes a significant drawback to the success of the project. Speaking at a media parley in Lagos, weekend, Regha Onagite, chief executive officer of […]

As the Central Bank of Nigeria (CBN)’s cashless policy shifts to other parts of Nigeria, the banks have further articulated their readiness to work with the CBN to replicate the cashless regime across the country. Some of the banks including Sterling Bank, FCMB, Access Bank and Mainstreet Bank have demonstrated this readiness recently when they […]