The NPS, which is the ISO 20022 migration, applies only to transfer services for now, while card and POS transactions will continue to run on the existing ISO 8583.
The focus might be on fraud, but the impact runs deeper. Forcing agents to fix their location and upgrade hardware will change who stays in the market, how cash moves, and who gets served.
Quiet policy now — but the ripple effects could be massive.
I'm really curious to see how every bit of it plays out over the next few months. I know the intentions are good but I believe more thought could have been put into the new rules.
Well written as always, Muyiwa.
The NPS, which is the ISO 20022 migration, applies only to transfer services for now, while card and POS transactions will continue to run on the existing ISO 8583.
I always enjoy reading your posts . Well done
Lovely piece as usual.
Thank you!
Really well done.
The focus might be on fraud, but the impact runs deeper. Forcing agents to fix their location and upgrade hardware will change who stays in the market, how cash moves, and who gets served.
Quiet policy now — but the ripple effects could be massive.
– Lumi Mustapha
I'm really curious to see how every bit of it plays out over the next few months. I know the intentions are good but I believe more thought could have been put into the new rules.