Tag: POS

How Fraudsters Among POS Agent can use your ATM without OTP

I am a mobile money agent that operate different banks POS. A lot of customers always run to my office when been frauded in one way or the days. I help people in logging dispense error and fraud complains to banks on their behalf, from there I have gained a[Read More…]

CBN sets new rules to improve PoS usage

Central Bank of Nigeria (CBN) is taking steps meant to get more people embrace e-payment channels, especially Point of Sale (PoS) machine. The Nigeria Interbank Settlement System (NIBSS)  data showed the total volumes of PoS transactions for 2017 stood at 146.3 million, which was worth N1.4 trillion; 285.9 million transactions[Read More…]