(BUSINESS WIRE) -- Transactility, Inc. announced that the Nigeria Inter-Bank Settlement System (NIBSS), Nigeria’s central payment infrastructure operator, leveraged Transactility’s jPOS open-source technology for the rollout of the National Payment Stack (NPS), a next-generation ISO-20022 instant payments platform designed and developed by NIBSS for Nigeria’s payments ecosystem. NIBSS designed NPS using a modular architecture that combines NIBSS-developed capabilities with selected open and enterprise technologies. NIBSS selected Transactility’s open-source stack, including the extreme-performance jPTS switch—built on jPOS, the gold standard for ISO-8583 payment processing, used in billions of transactions worldwide daily—as the foundation for the NPS. NIBSS has used jPOS within its payment infrastructure for many years, particularly for ISO 8583 transaction processing. For the National Payment Stack, NIBSS leveraged jPTS and its newly introduced ISO-20022 support to architect a switch purpose-built for the demands of Africa’s largest economy. With full access to the source code and the full customizability of the Transactility sta...(BUSINESS WIRE) -- Transactility, Inc. announced that the Nigeria Inter-Bank Settlement System (NIBSS), Nigeria’s central payment infrastructure operator, leveraged Transactility’s jPOS open-source technology for the rollout of the National Payment Stack (NPS), a next-generation ISO-20022 instant payments platform designed and developed by NIBSS for Nigeria’s payments ecosystem. NIBSS designed NPS using a modular architecture that combines NIBSS-developed capabilities with selected open and enterprise technologies. NIBSS selected Transactility’s open-source stack, including the extreme-performance jPTS switch—built on jPOS, the gold standard for ISO-8583 payment processing, used in billions of transactions worldwide daily—as the foundation for the NPS. NIBSS has used jPOS within its payment infrastructure for many years, particularly for ISO 8583 transaction processing. For the National Payment Stack, NIBSS leveraged jPTS and its newly introduced ISO-20022 support to architect a switch purpose-built for the demands of Africa’s largest economy. With full access to the source code and the full customizability of the Transactility sta...{}

(BUSINESS WIRE) -- Transactility, Inc. announced that the Nigeria Inter-Bank Settlement System (NIBSS), Nigeria’s central payment infrastructure operator, leveraged Transactility’s jPOS open-source technology for the rollout of the National Payment Stack (NPS), a next-generation ISO-20022 instant payments platform designed and developed by NIBSS for Nigeria’s payments ecosystem. NIBSS designed NPS using a modular architecture that combines NIBSS-developed capabilities with selected open and enterprise technologies. NIBSS selected Transactility’s open-source stack, including the extreme-performance jPTS switch—built on jPOS, the gold standard for ISO-8583 payment processing, used in billions of transactions worldwide daily—as the foundation for the NPS. NIBSS has used jPOS within its payment infrastructure for many years, particularly for ISO 8583 transaction processing. For the National Payment Stack, NIBSS leveraged jPTS and its newly introduced ISO-20022 support to architect a switch purpose-built for the demands of Africa’s largest economy. With full access to the source code and the full customizability of the Transactility sta...