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PoS operators record 1.15trn transactions in March, 2023

As more Nigerians embrace electronic transactions, Point of Sale terminals recorded N1.15 trillion transactions in March 2023. The Nigeria Inter-Bank Settlement System, NIBSS, disclosed this...

CBN to sanction PoS operators over high charges

The Central Bank of Nigeria (CBN) has vowed to prosecute point-of-sale (PoS) operators who collect exorbitant charges for transactions. The CBN Governor, Godwin Emefiele, said...

POS Operators react to CBN cash withdrawal limit

The Nigerian Association of Mobile Money and Bank Agents, also known as POS operators, has asked the Central Bank of Nigeria (CBN) to suspend...

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