The PIDF Scheme was operationalised by the RBI in January 2021 to incentivise deployment of Point of Sale machines(PoS), mPoS (mobile PoS), Quick Response (QR) codes in tier-3 to tier-6 centres ...

All PoS terminals or machines launched after July 1 will be Aadhaar-enabled and the existing terminals will be upgraded to the same in a year’s time. Demonetisation has catapulted the shift from ...

Bukola Olabode, dressed in a police camouflage shirt, cap, and jean has been arrested for allegedly defrauding Point of Sale ...

Some Nigerians have expressed growing frustration over the persistent issue of automated teller machines (ATMs) running out ...

Ergo, even though the common man sees a "POS machine" at a store, the POS is not owned by the storeowner. However, in ...

Point of Sale (PoS) operators in Nigeria have raised transaction fees by over 50 per cent, attributing the increase to severe cash scarcity caused by banks ...

Many Nigerians have expressed increasing displeasure with the persistent issue of automated teller machines running out of ...

When was the last time you walked up to an ATM, put in your card, and actually got cash? Been a while, right? Maybe months ...

With this arrangement, they are looking to enable retailers and small merchants to accept digital payments through cards and other modes without a POS machine. They are aiming to expand that ...

The Consumer Protection Commission has launched an enforcement blitz against businesses refusing to use POS machines. These ...