Despite naira scarcity, e-payment falls to N37.67tn

Cashless transactions fell to N37.67tn in February 2023 as Nigerians had to grapple with failed and delayed cash transfers. This was a 4.83 per cent fall from the N39.58tn that was recorded in January according to new data from the Nigeria Inter-Bank Settlement System on Monday. The data revealed that e-payment gateways were used 901.46