Failed Transactions: CBN Revises Timelines for Dispense Errors, Complaints. Reduces Maximum Reversal Times

The Central Bank of Nigeria (CBN) has today, announced that starting from 8th of June, 2020 lengths of time it takes for failed ATM, POS, website, or mobile transactions will be reduced. In a press statement this morning, the Director of Corporate Communications, Isaac Okorafor, disclosed that the […]