For 40 years, Posiflex has been a driving force in the advancement of point-of-sale (POS) technology. And that force ...

The Central Bank of Nigeria, CBN, has explained the introduction of a N100,000 daily withdrawal limit on point-of-sales, PoS, terminals as part of efforts to promote a cashless economy.

The CBN has introduced a N100,000 daily withdrawal limit on PoS terminals as part of efforts to promote a cashless economy. The Central Bank of Nigeria (CBN) has set a daily withdrawal limit of ...

The Central Bank of Nigeria (CBN) has imposed a daily withdrawal limit of N100,000 per customer on Point-of-Sale (PoS) terminals as part of its efforts to promote a cashless economy and curb financial ...

As of July 2024, Nigeria had 3.05 million deployed PoS and 4.06 million registered PoS terminals, according to the Nigeria Interbank Settlement System Plc. “The Bank hereby releases the ...

Okai further noted that “Point of Sale (PoS) operators seem to have cash readily ... Nigerians the truth insisting that Point of Sales terminal operators who are charging citizens arbitrarily ...

Point-of-Sale (PoS) terminals are vital for businesses, but how safe are they? To ensure strong security, it’s essential to ask the right questions: What makes a PoS terminal vulnerable to attacks?

New data shows that the number of Point-of-Sale terminals registered in Nigeria is now over 3 million The figures captured in NIBSS show a significant 32% increase in point-of-sale terminals from last ...