Transactions above ₦500,000 can lead to trouble, Police warns POS operators
The Delta State Police Command has issued a strong warning to Point of Sale (POS) operators regarding transactions that exceed…
Browsing Tag
POS
IG bans use of POS, e-payment devices in police stations nationwide
Following public outcry on alleged extortion through illegal and illicit transactions through point-of-sale (POS) machine…
Naira Scarcity: CBN issues warning to banks, PoS operators against…
As the shortage of cash persists due to the redesign of three naira notes, impacting Nigerians a year after the policy's…
Naira swap: NMDPRA to sanction fuel stations not accepting POS
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will sanction fuel stations that reject the…
Banks suspend ATM, PoS transactions abroad, give reasons
Deposit Money Banks (DMBs) have announced
CBN rolls out new guidelines, timelines for solving customers’ ATM,…
The Central Bank of Nigeria has directed all banks to resolve all outstanding issues relating to failed Automated Teller Machine,…
POS leads e-payment transactions with 286m deals
Point
of Sale (POS) transactions is leading other e-payment channels,
rising from nine million transactions in 2013 to 285.89…