Tag: POS
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Nigeria had 2.7 million PoS terminals deployed by March 2024
In March of this year, there were 2.7 million Point of Sale (PoS) machines in use throughout Nigeria, thanks to the efforts of both...
Man Transferring Money to Wife Via POS Killed by Police Stray Bullet
It was a chaotic situation at the Benin/Asaba Road, by Igueomo Junction, when a stray bullet allegedly fired by a police gun hit and...
POS Terminers Reaches 568,488 In Numbers Despite Obstacles
According to data from the Nigeria Inter-Bank Settlement System, transactions on the various terminals reached N735.6 billion in September 2022 despite a number of...
ICPC, POS Vendors move to curb Fraudulent Transactions
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has expressed its readiness to help curb fraudulent transactions faced by Point of Sales...
How fraudsters are using POS to launder money
The Maiduguri Zonal Commander of the Economic and Financial Crimes Commission, EFCC, Onwukwe C. Obiora, on Tuesday, charged the Point of Sale (POS) operators...
