Point of Sale (PoS) operators in Abuja have increased their charges by 300 per cent. They now charge N300 for every N10,000 withdrawn or transferred to another account. An agent told The Nation that ...

The Central Bank of Nigeria has directed Nigerian banks to set N100,000 per day as a withdrawal limit for customers on point-of-sale terminals nationwide amid cash scarcity. The apex bank disclosed ...

The Central Bank of Nigeria (CBN) has introduced a daily withdrawal limit on Point-of-Sale (PoS) terminals to N100,000 per customer. In a circular to all deposit money banks, microfinance banks, ...

The Central Bank of Nigeria (CBN) has directed banks and non-bank acquirers to implement multi-factor authentication for foreign card transactions exceeding $200 per day, as part of new measures to ...

A guide to Flutterwave POS. Learn about its features, fees, and easy setup. It accepts all ATM cards in Nigeria, including Interswitch, MasterCard, Visa, and Verve and integrates with Flutterwave’s ...

The Central Bank of Nigeria, CBN, has directed banks and non-bank acquirers to introduce multi-factor authentication (MFA) for foreign-issued card transactions exceeding $200 per day. The directive, ...

Are you looking to set up a point-of-sale system for your business? Discover everything about Moniepoint POS, including charges, pricing, features, and benefits. Efficient payment solutions are ...

They were also required to maintain system availability to avoid failed transactions. TheCentral Bank of Nigeria (CBN) has ordered banks and other financial institutions to ensure uninterrupted use of ...