Nigerian airports go cashless with Paystack
- Paystack has launched a contactless payment solution for airport access payments in Nigeria.
- The initiative is in partnership with the Federal Airports Authority of Nigeria (FAAN) to eliminate cash transactions.
- Passengers will use Near Field Communication (NFC) cards for faster and more convenient transactions.
The partnership between Paystack and FAAN represents a significant step towards modernizing payment systems in Nigeria's airports. However, the real challenge lies in ensuring the reliability and security of the contactless payment infrastructure, as well as addressing potential resistance from users accustomed to cash transactions. This initiative could set a precedent for similar cashless solutions in other sectors if successful.
