Refrain From Increasing Transaction Charges, FG Cautions POS Operators
The federal government has asked point-of-sale operators to desist from attempts to increase transaction fees, warning of serious consequences and sanctions. THE GUARDIAN reports.Information Guide Nigeria The Lagos…
CBN Issues Phone Number to Report PoS Operators Charging High Rate
The Central Bank of Nigeria has issued steps, an emergency number, and an email address where Nigerians could report Point of Sales (PoS) operators selling, issuing, or charging…
Naira Scarcity: ICPC arrests bank manager, POS operators, security guards in Osogbo
The Osun State Office of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has revealed that the commission has bank manager, POS operators, security guards.Information Guide…
POS operators hike charges in Kwara State.
Point of Sale machine agents in Ilorin, Kwara State have increased the charges on cash withdrawals by customers. According to DAILY POST, a cash withdrawal of N10,000, now…
Cash limits: PoS operators give CBN ultimatum
The Association of Mobile Money and Bank Agents in Nigeria is optimistic that the Central Bank of Nigeria would alter its stance on cash withdrawal limitations prior to…