CBN Payment Solution Service Provider Licence Application Support
Facilitation of the licence application with the regulator — preparation, evidence and process management. The regulator alone decides the outcome.
Start in the portal
Sign in, complete the intake form for this service, then pay the engagement fee before submitting. You can save a draft so your answers are not lost.
Regulatory and standards basis
This engagement is performed against the following instruments. Each is cited in the deliverable at the point it is relied on.
- Banks and Other Financial Institutions Act 2020
- CBN Guidelines on Operations of Electronic Payment Channels in Nigeria
- CBN New Licence Categorisation for the Nigerian Payments System
Who this is for
- Companies entering a regulated activity
- Foreign entrants establishing a local presence
What you receive
- 01Licence category feasibility and readiness assessment
- 02Complete application dossier: business plan, financial projections, organisational structure, policies and IT architecture
- 03Fit-and-proper packs for directors and key officers
- 04Regulator liaison and response management through to determination (typical duration: 4–8 months)
How the engagement runs
Phase 1
Intake and scoping
You complete an intake form. We issue a scoped quote within 3 business days.
Phase 2
Engagement start
On acceptance and first milestone payment, the engagement team is assigned and introduced by name.
Phase 3
Fieldwork
Document preparation, testing or application assembly, depending on the engagement. Progress and outstanding requests are visible in the portal throughout.
Phase 4
Review and sign-off
Internal quality review, then partner approval. Where a signature is a regulated act, the named accredited partner firm reviews and signs.
Phase 5
Submission and closure
Filing or delivery, then support through any regulator or assessor queries until the matter closes.
Questions
Who approves the deliverable?
A named member of the engagement team reviews it and a partner approves it. Their name, title and credentials are printed on the report, and the approval is recorded against the engagement in the portal.
Where do our documents live?
In private storage, accessible only through short-lived signed links, with every view and download logged. Nothing is attached to email. Our security posture and data residency are published on the trust page.
How do we pay?
Sign in to the portal, choose this service, complete the intake form, then pay by card through Stripe. You can save a draft at any time before payment.
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