NIPOST targets 38 million unbanked Nigerians via payment firms

The Nigerian Postal Service (NIPOST) has signed a deal with eGate and Visa to facilitate digital financial services to target around 38 million unbanked adult Nigerians. 

This includes the issuing of payment cards and the support of financial inclusion across Nigeria.

The Postmaster General/CEO of the Nigerian Postal Service (NIPOST), Dr Ismail Adebayo Adewusi, told the media: “Today we take this plan forward by signing with eGate, one of the leaders on digital transformation and our consultant who leads our digital transformation plan and Visa, the world leader in digital payments.”

Adewusi said the deal would enable NIPOST to provide digital financial services using Visa credit and prepaid cards to unbanked customers to support financial inclusion, government e-Services and cashless society.