POS

POS Fraud Cases Surge by 31.12% in Q1 2024 Amid Security Concerns

POS Fraud Cases Surge by 31.12% in Q1 Amid Security Concerns

POS Transactions See Sharp Rise in Fraud Cases The prevalence of fraud and forgery in Nigeria’s payment system has shown a significant shift in the first quarter of the year, with Point-of-Sale

Emmanuel Ochayi

5 months ago

Business·Latest News

CAC Extends Deadline For PoS Operators By 60days To Register Businesses

CAC Extends Registration Deadline The Corporate Affairs Commission (CAC) has announced an extension of the registration deadline for Point of Sales (PoS) operators in Nigeria. Originally set for July 7, 2024, the

Emmanuel Ochayi

6 months ago

Business·Latest News

Nigerian Banks, POS Street Vendors: A Collusion Crisis Of Transparency

Cash Scarcity and POS Street Vendors The Nigerian banking sector is grappling with a crisis of trust and transparency. A new and concerning trend has emerged, particularly in the Lagos area, where

Emmanuel Ochayi

6 months ago

Business

Nigerian Banks Record Over N200 trillion Transaction Via Kiosks, POS, ATM, Others

The adoption of electronic transactions has continued to grow among Nigerians, as the Nigeria Inter-Bank Settlement Systems (NIBSS) reported a significant rise in the digital channel. According to the Nigeria Inter-Bank Settlement

Fakoyejo Olalekan

2 years ago

Call CBN to arrest POS agents selling naira notes

Business·Opinion·Top Stories

POS Terminals: Fraud And Alerts

By Marcel Mbamalu The landscape of Nigeria’s financial institutions has, in recent times, witnessed interesting changes that simultaneously embrace and challenge technological advancements. Point of Sale (POS) technologies have become the most

Editor

3 years ago

Business

PoS Transactions Hit N13.67tn In Three Years – Report

Point of Sale Transactions has risen to N13.67tn in three years, according to data obtained from the Nigeria Inter-Bank Settlement System Plc portal. The data showed that the aggregate PoS transactions between

PBA Reporter

3 years ago

Business

POS Transactions in Nigeria Drop to N552.3 Billion in October

POS transactions in Nigeria dropped marginally by 0.74% to N552.26 billion in October 2021 compared to N556.36 billion recorded in the previous month. This was contained in a Nigeria Inter-Bank Settlement System

PBA Reporter

3 years ago

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POS Fraud Cases Surge by 31.12% in Q1 Amid Security Concerns

CAC Extends Deadline For PoS Operators By 60days To Register Businesses

Nigerian Banks, POS Street Vendors: A Collusion Crisis Of Transparency

Nigerian Banks Record Over N200 trillion Transaction Via Kiosks, POS, ATM, Others

POS Terminals: Fraud And Alerts

PoS Transactions Hit N13.67tn In Three Years – Report

POS Transactions in Nigeria Drop to N552.3 Billion in October

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