Nigerians Shun PoS Transactions Over Charges

Soldier, Nigerians Shun PoS Transactions Over Charges

The volume of electronic payment transactions through Point of Sale (PoS) terminals dropped by 4.83 billion in one month. According to the Nigerian Interbank Settlement System (NIBSS), it dipped from 46.13 billion deals in December 2019 to 41.3 billion in January. The PoS transaction drop in cash value is N60 billion. Merchants- retail outlets in … Read more