Internet banking overtakes ATM, PoS as transaction values surge to ₦542.98trn

    Hope Moses-Ashike | Top Stories | Nov 17, 2025    
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Banking transactions conducted through Web Pay, also known as internet banking, surged to ₦542.98 trillion in the first quarter (Q1) of 2025, reflecting customers’ growing preference for digital channels over Automated Teller Machines (ATMs) and Point of Sale (PoS) terminals.

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