The July 2024 figure indicated that a total of 744, 533 new PoS terminals were deployed between August 2023 and July 2024.

The CBN has also set a daily withdrawal limit on PoS terminals to N100,000 per customer, and limited the cash transactions of each PoS operator to N1.2 million daily. The apex bank said the ...

The Nigeria Inter-Bank Settlement System has revealed a growing number of Point of Sale (PoS) terminals being deployed amid ...

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.

According to business owners, the Central Bank of Nigeria's (CBN) decision to impose cash withdrawal limits on Point-of-Sale ...

of all Commercial Banks and other Financial Institutions utilising Point of Sale (PoS) terminals, to appear before them an find measures to address the challenges posed by the undocumented ...

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 ...

Commissions do not affect our editors' opinions or evaluations. Choosing the right point-of-sale (POS) system for your small business can feel overwhelming, especially with so many options ...

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?

These include inventory management, reporting, analytics, barcode scanning to track inventory and fast swivel screens for many POS terminals. It also has customer surveys so businesses can address ...

Click to Learn More Other great pharmacy POS systems to consider include Square, a popular POS with plenty of features and a great free plan, as well as PrimeRx, which offers stellar automation ...

Papua New Guinea (PNG) will join Australia's national rugby league competition, after signing a deal that obligates them to shun security ties with China. The Pacific nation has produced many ...