PoS operators still charging arbitrarily
Some Point of Sale (PoS) operators are still charging above the usual service charge despite the Central Bank of Nigeria (CBN‘s) directive. The News Agency […]
PoS
Naira scarcity: Ekiti to sanction fuel stations rejecting PoS transactions
The Special Adviser to the State Governor on Industry, Trade and Investment, Mrs Omotayo Adeola, gave the warning at a meeting with the State Petroleum […]
PoS, e-transfers push up sales at malls, supermarkets
Malls and supermarkets in major cities are making huge sales, following the ongoing Central Bank of Nigeria (CBN) currency reforms and redesigning of naira N200-, […]
Withdrawal policy pushes up PoS transaction charges
Point of Sale (PoS) operators in Abuja have increased their charges by 300 per cent. They now charge N300 for every N10,000 withdrawn or transferred […]
PoS agents hike charges in Abuja
Point of Sale (PoS) agents in Abuja now charge N300 for every N10,000 withdrawn or transferred to another account. An agent told The Nation: “We […]
Banks stop naira cards for online, PoS transactions abroad
Banks have announced stoppage of use of naira card for International online and Point of Sale (PoS) transactions. The banks also placed limits on how […]
1.4 million PoS operators may lose jobs – Bank agents association boss
The National President, Association of Mobile Money and Bank Agents in Nigeria, Victor Olojo, speaks to JOSEPHINE OGUNDEJI on the impact of the recent Central Bank of […]
PoS use to rise despite transaction failures
Point of Sale (PoS) machines deployment will continue to rise in the coming months to serve new entrants into the digital banking space. Many cardholders, […]