NIBSS Deploys National Payment Stack on Transactility's jPOS

Nigeria's NIBSS has rolled out its National Payment Stack, an ISO-20022 instant payments platform built on Transactility's open-source jPTS switch powered by jPOS. NIBSS retains control of the architecture, roadmap and IP.

• NPS supports instant transfers, QR merchant payments, alias addressing and bulk payments
• Built on the jPTS switch using jPOS, used in billions of transactions daily
• NIBSS gets full source-code access, avoiding vendor release cycles
• jPOS has handled ISO-8583 processing for over 25 years