Tuesday
December 15
2020

Transaction Volume for Direct Debits Jumps by 54% as More Nigerians Adopt Usage

The total volume of electronic transactions categorized under direct debits increased to 849 million in the third quarter of 2020, representing a 54% increase when compared to the second quarter.

This is contained in the latest Banking Sector Report by the National Bureau of Statistics.

Photo courtesy of Mirza Babic.

Source: Nairametrics (link opens in a new window)

Categories
Finance
Tags
debt, digital payments, financial inclusion, financial services, technology