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Fintech Processed 1.2 Million Transactions in One Month

Somto NwanoluebySomto Nwanolue
April 4, 2023
in News
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Fintech Processed 1.2 Million Transactions in One Month
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Interswitch has just declared that it had processed 1.2 billion transactions in March 2023. This, according to the firm, is the highest it has ever processed in a single month in Nigeria and had been attributed to the increase in transactions to the Federal Government’s naira redesign policy.

The firm had disclosed that it had to upscale its operations to handle the increase in transactions.

This means that there has been an increase in electronic transactions since the Federal Government’s redesign policy resulted in the scarcity of cash.

Tags: declared that it had processed 1.2 billion transactionsin March 2023Interswitch
Somto Nwanolue

Somto Nwanolue

Somto Nwanolue is a news writer with a keen eye for spotting trending news and crafting engaging stories. Her interests includes beauty, lifestyle and fashion. Her life’s passion is to bring information to the right audience in written medium

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