Central Bank Orders Dedicated Accounts For POS Operators
To tighten oversight and protect customers from fraud, the Central Bank of Nigeria (CBN) has directed all Point-of-Sale (POS) operators ...
Tag: POS Operators
Hotel Manager Kills, Buries PoS Operator In Delta
The manager of Century Home Hotel in Owehlogbo, located in the Isoko North local government area of Delta State, has ...
Low Patronage Hits POS Operators In Enugu
Point On Sale (POS) operators in Enugu State have expressed worry over low patronage following the end of cash scarcity ...
POS Operators May Jerk Up Service Fees Over 50% Telecoms Tariff Hike
Point-of-sale (POS) operators in Nigeria may soon increase their service charges following the Federal Government’s approval of a 50 per ...
Women Traders In Northern Nigeria Thrive With PoS Technology, Overcome Hurdles
At the entrance of the bustling Wunti Market in the heart of Bauchi metropolis, Ada, a 44-year-old hairdresser, sits by ...
CBN And Cashless Policy
The Central Bank of Nigeria (CBN) has just introduced a daily cash transaction limit of N100,000 per individual customer for ...
Customers Scramble For Cash As PoS Operators Raise Charges
Amidst the ongoing cash scarcity, Nigerians on Christmas eve scrambled to get cash as Automated Teller Machines (ATMs) of banks ...
Reps Summon CBN Gov, Bank CEOs, Others Over Unregistered PoS Operators
The House of Representatives has mandated its relevant committees to invite the Governor of the Central Bank of Nigeria (CBN), ...
PoS Operators Double Transaction Charges, Blame Cash Scarcity
Point of Sale (PoS) operators in Nigeria have raised transaction fees by over 50 per cent, attributing the increase to ...
CAC’s Insistence On Registration Of POS Operators
To curb the use of banking agents popularly known as POS operators for fraud and ransom collection in the country, ...
