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Merchants Revert To Cash Payments Following PoS N50 Charge

Merchants Revert To Cash Payments Following PoS N50 Charge   Some retailers using Point of Sales terminals to receive payments have abandoned the device and reverted to cash payments, investigation has shown. Some of them who spoke with our correspondent said the decision to dump the PoS...

Operators Protest As PoS Agents Slam N50 Charge

Operators Protest As PoS Agents Slam N50 Charge   Agent banking service providers are protesting the introduction of the N50 charge imposed on individual transactions above N1,000 carried out by merchants in the country. Some of them who spoke with our correspondent said the volume of electronic...