POS Operators
CBN directs payment service providers to begin PoS transaction tracking
The Central Bank of Nigeria (CBN) has released a new directive to Payment Service Providers (PSPs), requiring them to comply with enhanced routing...
Naira scarcity heightens in FCT as banks implement withdrawal limits
Several parts of the Federal Capital Territory (FCT) have been hit by paucity of the Naira as Christmas approaches. The cash crunch which...
Beware of ATM card-swap fraudsters, EFCC alerts Nigerians
The Economic and Financial Crimes Commission (EFCC) has alerted Nigerians to Automated Teller Machine (ATM) card-swapping fraudsters at ATM locations and Point of...
Bank notes scarcity: Time up for PoS operators?
To avoid putting up with massive crowds at banking halls and ATMs, Nigerians who are looking for cash have to choose between paying...
POS operator bolts with company’s N891,000, arraigned in court
For allegedly defrauding a company of N891,000, a Point of Sale (POS) operator, Seun Ayoola, is facing trial at an Ota Magistrates’ Court...
New naira notes: FCT POS operators make brisk businesses, increase charges on transactions
As the deadline of January 31 draws nearer for old Naira notes to be deposited in banks across the country and the non-disbursement...
