Interswitch Expands into Telecoms with $1M MVNO License; Pursues PSB License Post-Merger with M-Kudi

Interswitch, a leading Nigerian payments giant backed by Visa, has diversified its business by acquiring a Tier 5 Mobile Virtual Network Operators (MVNO) license from the Nigeria Communications Commission (NCC) for ₦500 million ($1.08 million). With this move, Interswitch ventures into Nigeria’s telecommunications sector, aiming to combine payments and telecoms services to serve both business [……
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