{
  "id": 14081890,
  "title": "NIBSS, Transactility to power Nigeria’s next-gen national payment stack",
  "url": "https://urgent.news/2026/10/13/nibss-transactility-to-power-nigerias-next-gen-national-payment-stack",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-10-13T00:49:50.000Z",
  "source": {
    "name": "Punch Nigeria",
    "slug": "punch-nigeria",
    "url": "https://punchng.com/nibss-transactility-to-power-nigerias-next-gen-national-payment-stack/"
  },
  "original_language": "en",
  "account": null,
  "summary": "NIBSS, the Nigeria Inter-Bank Settlement System, has partnered with Transactility to build the National Payment Stack (NPS), a next-generation ISO-20022 instant payments platform designed for Nigeria's payments ecosystem. Utilizing Transactility's jPOS open-source technology, NIBSS has developed a modular architecture combining locally developed capabilities with selected open and enterprise technologies. The NPS platform supports account-to-account instant transfers, QR merchant payments, alias-based addressing, and bulk payments, delivering the performance and availability required for national payment infrastructure while providing a foundation for new financial services. Transactility's CEO, Alejandro Revilla, praised the development as a significant milestone for both organizations, highlighting the potential of open technology and local engineering in building scalable payment infrastructure.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch",
        "title": "NIBSS, Transactility to power Nigeria’s next-gen national payment stack",
        "url": "https://urgent.news/2026/10/13/nibss-transactility-to-power-nigerias-next-gen-national-payment-stack-14082899",
        "published": "2026-10-13T00:49:50.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}