Nigeria, Oct. 21 -- Transactility, Inc. has disclosed that the Nigeria Inter-Bank Settlement System (NIBSS), Nigeria's central payment infrastructure operator, leveraged Transactility's open-source technology to roll out the National Payment Stack (NPS).

NPS is a next-generation ISO-20022 instant payments platform that NIBSS designed and developed for Nigeria's payments ecosystem.

Commenting on the rollout of NPS, Premier Oiwoh, managing director/CEO, Nigeria Inter-Bank Settlement System (NIBSS), said the invention was designed for the scale of Nigeria's payment market.

"The NPS was designed and built for the scale and demands of the Nigerian payments market. The jPOS ecosystem gives us the flexibility to continue developing the platfo...