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Tag: POS

2024 POS Transactions Exceeded ATM Usage By 603% – CBN

On January 26, 2025, a report from the Central Bank of Nigeria (CBN) revealed that during the first half...

CAC Registers 100,000 POS Operators

Hussaini Magaji, who is the Registrar-General of the Corporate Affairs Commission (CAC) in Nigeria, recently announced that around 100,000...

E-Transfer Fee: Customers Upset As POS Operators Increase Charges

On Monday, businesses that operate Point-of-Sale (POS) terminals began charging their customers more money due to a new government...

PoS Transactions Reach N6.23 Trillion in Seven Months

Point of Sale (PoS) transactions in Nigeria totaled N6.23 trillion between January and July 2024, according to data from...