NQR Payment System

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NQR Payment System

Project Information

D-Degree Digital Hub has teamed up with Verdant Microfinance Bank to introduce a groundbreaking QR-code-based payments and collections solution in Nigeria. This innovative solution is powered by the Nigeria Inter-Bank Settlement System (NIBSS) and represents a major breakthrough for the country's financial services industry.

The NQR Payment Solution, as it is known, is designed to provide both merchants and customers with a fast, easy, secure, and contactless way to receive and pay for goods and services throughout Nigeria. With this account-based transaction platform, all available closed QR code schemes in the country will be unified to ensure a consistent user experience and to accelerate the adoption of digital payments.

The partnership between D-Degree Digital Hub and Verdant Microfinance Bank represents a major step forward for the Nigerian economy, providing businesses of all sizes with a powerful new tool to drive growth and profitability. By leveraging the latest digital technologies and payment solutions, merchants can streamline their operations and reach new customers in a highly competitive marketplace.

The NQR Payment Solution is poised to transform the way that Nigerians pay for goods and services, making transactions faster, more convenient, and more secure than ever before. With the continued support of D-Degree Digital Hub, Verdant Microfinance Bank, and other key players in the financial services industry, this innovative solution is poised to make a major impact on the Nigerian economy in the years ahead.


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