The increase in e-payment tools nationwide is an evidence that banks have continued to make massive investment in the deployment of e-banking infrastructure to boost their operations in that regards. A survey on electronic banking in Nigeria released late last year by Intermac Consulting, an e-business firm, named Zenith Bank plc, UBA plc, Skye Bank plc and GTBank as top performers in the sector. GTBank was named the bank with the most satisfied e-banking customers, while Skye Bank plc emerged as the best emerging bank in e-banking in Nigeria. A study of the nation’s banking sector has shown that the deployment of such electronic banking transactions such as automated trading machines (ATMs), Point of Sale (POS) terminals, mobile-banking, internet banking among others, is yet to have any significant impact on banks’ financial bottom-line, year on year. read more

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