The Central Bank of Nigeria (CBN) has announced that it will be issuing guidelines for using contactless payment systems in the country.

The guidelines are part of CBN’s overall objective to promote the safe and efficient use of cashless payments.

Adeyemi Adefuye, Deputy Director of the Payment System Management Department of the CBN, made this known in Calabar, Cross River State, recently.

He explained that the guidelines would cover the technical and operational requirements for implementing contactless payment systems and the security measures needed to protect customers’ information, the Nation reports.