eTranzact processed ₦50 trillion worth of transactions in 2022, hitting ₦1.17 billion in profit
Digital payment channels are seeing massive adoption in Nigeria in recent years, with cashless transactions in the country rising by 45.41% YoY to reach ₦39.58 trillion in January 2023, according to data from the Nigeria Inter-Bank Settlement System.
![eTranzact processed ₦50 trillion worth of transactions in 2022, hitting ₦1.17 billion in profit](/content/images/2023/07/photo-1579532537598-459ecdaf39cc.jpeg)
Digital payment channels are seeing massive adoption in Nigeria in recent years, with cashless transactions in the country rising by 45.41% YoY to reach ₦39.58 trillion in January 2023, according to data from the Nigeria Inter-Bank Settlement System.