NIP FAQ (9)

NIBSS INSTANT PAYMENT

What is NIP Service?

Modified on Wed, 14 Aug, 2024 at 12:47 PM
Who are the users of the NIP Service?

Modified on Wed, 14 Aug, 2024 at 12:48 PM
What are the Services under NIP that customers can utilize?

Modified on Wed, 14 Aug, 2024 at 12:56 PM
What is the maximum transaction amount on NIP and how can it be modified?

Modified on Wed, 14 Aug, 2024 at 12:57 PM
How does Settlement happen on the service?

Modified on Wed, 14 Aug, 2024 at 12:59 PM
As a Non- DMB institution how do I get settlement ?

Modified on Wed, 14 Aug, 2024 at 1:00 PM
What is a Settlement Bank ?

Modified on Wed, 14 Aug, 2024 at 1:02 PM
What is the pricing and income benefit for the bank?

Modified on Wed, 14 Aug, 2024 at 1:03 PM
How do I get onboarded on the solution as an institution?

Modified on Wed, 14 Aug, 2024 at 1:04 PM