POS

In order to stop Point of Sale (PoS) agents from raising transaction fees across the nation, the Federal Government will issue an order through the Federal Competition and Consumer Protection Commission. This was reported to the…

Customers will soon start paying N500 for N10,000 cash withdrawals at point of sale (POS) locations in Lagos State. This comes after the Public Relations Officer, Lagos Chapter, Stephen Adeoye, on Friday unveiled a revised price list…

Policemen in Kwara State have arrested a Point of Sale operator who reportedly went on a spending spree after N280m was erroneously transferred to his account by a commercial bank. The POS operator identified as Alfa Rafiu was…

The Police Command in Lagos state on Saturday, July 9, warned Point of Sales (POS) operators against using their trade to promote extortion at police stations and other areas. The Command’s spokesman, SP Benjamin Hundeyin, gave the…

Central Bank of Nigeria has issued new directives to banks regarding all ATM, POS issues and web customer refunds. The apex bank in a statement on its verified Twitter page instructed all banks to resolve all outstanding issues…