Examples of Central Switch in a sentence
To achieve the interconnectivity of all new and existing switching companies, all switching companies shall open their networks for reciprocal exchange of transactions/messages with the Nigeria Central Switch and Payment Terminal Service Aggregator.
All commercial switches, processors or entities driving PoS terminals in Nigeria shall ensure full and secure connection to the Central Switch and all transactions in respect of any card that the switch, processor or other entity is not licensed to process or switch shall be routed through the NCS to a licensed switch or processor for purpose of processing such transaction on behalf of the relevant Acquirer, and for seeking authorisation from the relevant Issuer.All terminals must be plugged to the PTSA.
NIBSS stands for the Nigeria Inter-Bank Settlement System, it was mandated to among others, act as the Automated Clearing House (ACH), Payment Terminal Service Aggregator (PTSA) and Nigeria Central Switch (NCS) for Nigeria.
PSBs are mandatorily required to establish secure connectivity to the Nigeria Central Switch and must be capable of providing secure hardware encryption/decryption of customer’s PINs and messages for onward transmission to the NCS with respect to their card operated devices.
Each Partner Institution shall undertake to satisfy and ensure continued compliance with the eligibility criteria and conditions for admission, as outlined in the operational rules and regulations of the Nigeria Central Switch (NCS) and the technical requirements as specified in the Guideline for Transaction Switching in Nigeria.
Today, less than 50 percent of all solid waste in urban areas is collected.
The Central Switch shall maintain a list of approved network/link service providers.
It links existing LMR systems in the member cities of ICIS by trunking repeater towers owned and maintained by member cities and linking them to a Central Switch or Master Site located in Glendale.
All donors and NGOs see the value of communicating about the support that is provided in the Member States and to international audiences.
The Guidelines supersede the previous Guidelines on Transaction Switching Services and the Operational Rules and Regulations for the Nigeria Central Switch (NCS).