“Please Be Informed”: FG Orders Fintechs To Start N50 Deductions on Customers’ Accounts, Date Set

“Please Be Informed”: FG Orders Fintechs To Start N50 Deductions on Customers’ Accounts, Date Set …C0NTINUE READING HERE >>>

Fintechs, including Moniepoint and Palmpay, will begin debiting N50 from customers’ accounts as ordered by the FIRSThe new N50 charges, explained by FIRS, will apply to every N10,000 inflow into customers’ accountsThis mandatory deduction marks the end of free banking services that some fintech have provided

Henzodaily.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

Fintech…

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