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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 ...

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