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The underachieving payments solution that is potentially a threat to fintech startups in Nigeria

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November 2016, in collaboration with telcos, the Nigeria Inter-Bank Settlement System Plc (NIBSS) launches mCash, a solution that lets users make and receive payments via Unstructured Supplementary Service Data (USSD) technology. By dialling a short code, buyers can pay for goods and services directly from their bank accounts and sellers receive direct to theirs too. […]

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