POS

CBN Orders One-Month Compliance For Dual Connectivity On PoS Terminals

The Central Bank of Nigeria (CBN) has directed all financial institutions, acquirers,…

CBN Caps POS Agents’ Daily Limit at ₦1.2 Million in New Banking Guidelines

The Central Bank of Nigeria (CBN) has unveiled new operational guidelines for…

CBN Orders Geo-Tagging of PoS Terminals, Sets October 20 Deadline for Compliance

The Central Bank of Nigeria (CBN) has rolled out a new directive…

GTBank Waives POS Fees for SMEs, Boosting Business Growth

Guaranty Trust Bank (GTBank) Limited has announced the elimination of processing fees…

Nigeria PoS Transactions Surge to N18 Trillion in 2024: A Cash-Strapped Nation Turns to Digital

The digital payment ecosystem in Nigeria is witnessing a swift revolution, with…

CBN Imposes N100,000 per Customer Daily Withdrawal Limit on PoS Terminals

The Central Bank of Nigeria (CBN) has imposed a daily withdrawal limit…

BREAKING: CBN Orders Payment Providers to Start Tracking PoS Transaction

The Central Bank of Nigeria has ordered all Payment Service Providers to…

60-Day Extension: POS Agents Get More Time to Register with CAC

The Corporate Affairs Commission (CAC) has announced an extension of the registration…

Shoprite Sales Girl In Court For Stealing N553.9m Using Her Own Personal POS

A sales girl with Shoprite stores, Mariam Mufutau has been arrested and…