Tag: Economic and Financial Crimes Commission (EFCC), Point of Sale (PoS)
Over 80 POS Vendors Arrested For High Charges
The Economic and Financial Crimes Commission (EFCC) have reportedly arrested some Point of Sales (PoS) vendors in Akure, the Ondo State capital, over high charges. It...
CBN Approves Only 17 Companies As POS Operators In Nigeria, Bars Commercial Banks
The Central Bank of Nigeria has released the names of licensed mobile money operators in Nigeria. The mobile money operators are empowered to operate PoS Services in the...
Cash Scarcity: End Of POS Terminals In Nigeria, CBN Bars Agents
The Central Bank of Nigeria (CBN) has barred agents from using Point of Sale (PoS) terminals meant for merchants to carry out cash-in and cash-out transactions. The...