Monday, 25th October 2021
Breaking News:

Point of Sale

29 Jul
The Police Command in Abia has confirmed the arrest of two male robbery suspects in connection with robbery of Point Of Sale (POS) operators in Omuma Road, Aba.
13 Nov 2020
Money deposit banks (MDBs) are increasingly transferring risks of cash processing and management to third parties under the guise of agency banking model, an investigation by The Guardian has revealed.
2 Apr 2019
The Central Bank of Nigeria (CBN) has tasked stakeholders in the finance industry to scale up their capacity to innovate by developing products that would meet customers’ needs and enhance their capacity in handling transactions.    This charge was made by the Governor, CBN, Godwin Emefiele, represented by Deputy Governor, Financial Systems Stability, Aishah Ahmad,…
18 Mar 2019
The deluge of dispense error and non-reversal of failed transactions at the Point Of Sale (POS) terminal and ATM, have been largely attributed to the Nigeria Inter-Bank Settlement System (NIBSS). The blame is coming as the platform of the institution that is strategic for clearing and settlement of inter-bank transfers and payments, has been reportedly…
21 Mar 2018
The third edition of the Point of Sale (PoS) Innovation Summit, a quarterly event aimed at reinforcing acceptance of PoS as an alternative means of payment in Nigeria, is scheduled to hold at the Wheatbaker Hotel, Ikoyi, Lagos, on March 27, 2018. The summit, which is fast becoming the agenda setting platform for the PoS payment…
14 Oct 2016
The state of the country’s economy has been attributed as being responsible for the low level of use of Point of Sale (PoS) terminal as a means of payment in the month of September this year, Nigeria CommunicationsWeek has learnt.
1 Jul 2016
With many hotels across struggling to consolidate payments made on their Point of Sale (POS) terminals as well as enhance their business operations, e-commerce solutions providers ...


42 mins ago
The Nigeria Centre for Disease Control (NCDC) has reported 165 new infections and 26 additional deaths from the coronavirus pandemic on Sunday.
53 mins ago
Colombia's government announced Sunday it is working towards extraditing the country's most-wanted drug trafficker "Otoniel" to the United States, a day after he was captured in a major operation in the jungle.
1 hour ago
An avalanche Sunday on a snow-capped Ecuadoran volcano, the highest peak in the country, killed at least three climbers and left three others missing, officials reported. The avalanche struck a group of 16 mountaineers while at an altitude of 6,100 meters (20,000 feet) on the dormant Chimborazo volcano, according to responders. "There are three missing…
1 hour ago
The National Universities Commission (NUC) has picked six federal universities for the Sustainable Procurement, Environmental and Social Standards Enhancement (SPESSE) Project.
1 hour ago
The Turkish lira dropped to record lows on Monday after Turkish President Recep Tayyip Erdogan at the weekend ordered the expulsion of the ambassadors of 10 countries, including Germany and the United States.