http://cirdjournals.com/index.php/psej <p>Probability Statistics and Econometric Journal (PSEJ) is a peer-reviewed, open access journal that publishes original research articles as well as review articles in all areas of applied statistics. PSEJ aims at promoting an interdisciplinary approach on a large range of topics covering applied methods for worldwide Socio-Economic phenomena. Probability Statistics and Econometric Journal Methods offers peer-reviewed original papers, reviews and survey articles focusing on statistical and econometric methods and dealing with the applications of existing or new techniques to a wide variety of problems in business, finance, economics and related subjects.</p> CIRD Publication en-US Probability Statistics and Econometric Journal http://cirdjournals.com/index.php/psej/article/view/854 <p><em>This study employs a stochastic production function model to measure technical efficiency of FINTECHs via point of sales, POS and automated teller machines, ATM in Nigeria</em><em>. Primary data were obtained through the use of a set of questionnaires from three hundred and sixty representative samples. The results show that in Nigeria, (within the context of Nigeria’s socio-economic constraints) POS operations seem the most efficient in terms of technical efficiency with mean TE index of 0.914 followed by ATM service provision with a mean TE index of 0.797 (this result is in spite of the engineering efficiency claims.&nbsp; These coefficients are based on socio-economic realities) evaluations infused into the equation. The results of the inefficiency model show that the variables of age and years of education significantly increase these users’/operators’ TE while number of contacts made to FIs over transaction issues significantly decreases the FINTECHs’ TE. &nbsp;</em></p> Chukwuemeka Ifegwu Eke Sule Magaji Mary Uchechukwu Osi Copyright (c) 2022 Probability Statistics and Econometric Journal 2022-09-09 2022-09-09 4 5 1 15