30 results
- 19 Jul 2020
TITL Unveils Mobile Phone Point of Sales Innovation
Total Infotech & Telecoms Limited (TITL), has unveiled a Mobile Phone Point of Sales Service, to further boost financial inclusion in the country. A simplified alternative to POS machine, the…
- 2 Mar 2009
ValuCard Nigeria Commences PoS Acquiring in Liberia
ValuCard Nigeria Plc has been licensed by Visa to acquire Point-of-Sale (POS) transactions in Liberia. By this license, ValuCard is now deploying Point of sale devices to merchant locations in…
- 22 Jan 2015
HarvestPlus Trains NYSC Members on Biofortified Staple Crops, Others
HarvestPlus Nigeria has intensified effort to reach out to as many Nigerians as possible by engaging young school leavers with a view to making them partners through sustainable agricultural…
- 8 Jul 2016
Kaspersky ATM Security Solution Promises Malware Defense in a Small Package
Kaspersky Lab recently announced the availability of Kaspersky Embedded Systems Security, a targeted enterprise-grade solution designed to defend ATMs, point-of-sale systems and point-of-service…
- 23 Sept 2018
Stakeholders Seek Mandate for Ejournal Implementation in PoS Terminals
Stakeholders in the electronic payment ecosystem have urged Central Bank of Nigeria (CBN) to mandate Payment Terminal Services Providers (PTSPs) to implement electronic journal at point of sale…
- 19 Nov 2021
AMMBAN to Unveil Task Force on PoS Operators' Activities
The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), said it has concluded plans to set up a task force to regulate Point Of Sale terminal (PoS) activities in order to check…
- 18 Aug 2014
Nomanini Mobile POS Hits Million Transactions
Nomanini, South African-based mobile point of sale (PoS) service for facilitating cash transactions in emerging markets has announced that informal vendors and micro-entrepreneurs across Africa…
- 19 May 2014
Banks, Merchants Invest $80m on PoS Terminals
Money deposit banks and merchants in the country have invested some $80 million in the acquisition of Point of Sale (PoS) terminals in their effort to facilitate electronic payment, Nigeria…
- 4 Dec 2014
Heritage Bank Makes History with Nigeria’s First Portable PoS Device
Heritage Banking Company Limited, a burgeoning bank has introduced Nigeria’s first portable POS solution. The device is named “PortaPOS”. It is a product of Mobile Point of Sale (mPOS) revolution…
- 29 Jan 2015
UBA Introduces Mobile Point Terminals
United Bank for Africa (UBA) Plc has introduced mobile Point of Sale (mPOS) terminals. The Bank said that it has gone live with this initiative in partnership with POS partners across Africa. A…
- 9 Nov 2015
CPPL Reveals How "Sales Tree Concept" Increase Customer Relations
Customer Passion Point Limited (CPPL) has urged companies to leverage "Sales Tree Concept" which allows Salespeople to develop and deepen relationship with their customers. The Concept CPPL…
- 26 Jan 2020
UBA, Zenith Pioneer Implementation of Chargeback on PoS Transactions
UBA and Zenith bank are pioneering central bank of Nigeria (CBN) directive on implementation of 24 hours chargeback dispute resolution mechanism on transactions on point of sale terminal, Nigeria…
- 11 Jun 2013
Connectivity Problem Tops Challenges of PoS Usuage
Telecommunications network connectivity difficulties account for 58.5% of challenges merchants face in Point of Sale (PoS) transactions according to a field market research sponsored by Nigeria…
- 2 Jul 2018
Agent Banking Will Assist in Achieving Financial Inclusion - Yuan
David Yuan is the general manger, International Business Operations, Nexgo - a Point of Sale (PoS) terminal manufacturer and Global Accelerex partner was in Nigeria for DigitalPay conference…
- 12 Oct 2023
CIBN Unveils Agency Banking Certification Program to Strengthen Financial Inclusion System
Chartered Institute of Bankers (CIBN) has unveiled Agency banking certification for point of sales (POS) agents, NIN /BVN agents, Agent network managers, customer service officers, agent banking…
- 10 Dec 2017
Stakeholders Identify Fraud Risks Among PTADs, Merchants
Stakeholders in the Point of Sale terminal (PoS) payment ecosystem have decried absence of governance principle among some Payment Terminal Application Developers (PTADs) and merchants as responsible…
- 24 Dec 2019
FG Stops N50 Charge on POS Transactions, Says It is Illegal
Federal Competition and Consumer Protection Commission (FCCPC) has stopped the additional N50 charge being imposed on transactions conducted on Point of Sale (POS) machines. This was made known in a…
- 14 Aug 2013
Unified Payments Addresses Issues at PoS with Solution
Unified Payments, an electronic payment service provider is to launch a solution that will address the challenges of poor telecommunications infrastructure at Point of Sale (PoS) terminals, Nigeria…
- 6 Sept 2024
CAC Moves Against Unregistered POS Operators as Deadline Expires
The Corporate Affairs Commission (CAC) has begun moves to enforce its directive that Point of Sale (POS) operators should register with the commission. The registration directive gave POS operators…
- 13 Sept 2024
CBN Orders PoS Operators to Route all Transactions through NIBSS or UPSL
Central Bank of Nigeria (CBN) has announced new regulations for processing Point of Sale (PoS) transactions across the country, directing that all POS transaction are to be routed wither through the…
- 8 Mar 2022
Reps Urge CBN to Regulate POS Business, Operators
House of Representatives has urged the Central Bank of Nigeria (CBN) to, “in the public interest,” introduce stringent regulations and guidelines, including sanctions, on the Point of Sale business…
- 4 Jul 2016
EBS Seeks PF & FI Improved Collaborations for mPOS Growth
Guests at eNNovators Breakfast Series (EBS) believe that to deepen the adoption Mobile Point of Sale (mPOS) in the country, collaborative approach should be explored by Payment Facilitator (PF) and…
- 21 Apr 2019
Financial Inclusion Agents Decry Challenges with PoS, Others
As the central bank of Nigeria (CBN), drives financial inclusion with giant strides and NIBBS upgrading her system to accommodate the projected 600m point of sale (PoS) terminal transactions this…
- 29 Nov 2013
Merchants Record N127B on PoS in 11 Months
Popularity of Point of Sale terminals (PoS) is growing as merchants who use PoS for payment of goods and services have recorded a princely N127billion in 11 months, Nigeria CommunicationsWeek can now…
- 15 Oct 2017
Global Accelerex Revolutionizes Digital Payment with NEXGO G2
Global Accelerex, a Central Bank of Nigeria licensed and fully certified Payment Terminal Service Provider (PTSP) has launched Nexgo G2, an innovative point of sale (PoS) terminal into the electronic…
- 30 Mar 2014
PoS Transactions Hit 3.6m in 3 Months
Point of Sales (POS) Terminals, the machine used to accept cards for payment of goods and services are increasingly becoming popular as merchants in the country recorded 3.6million transactions over…
- 10 Jul 2026
Police Busts Syndicate Who Allegedly Stole N3Bn from Financial Institution
Police Special Fraud Unit (PSFU), Ikoyi, Lagos, said its operatives have busted a syndicate who used Point of Sale (POS) terminals and other technological tools to gain access to financial…
- 19 Jul 2010
Nigerians Shun PoS for Transactions
Point of Sale (PoS) terminal, the electronic device used for verification and processing of credit card transactions is not popular yet in Nigeria despite the wide acceptance of Automated Teller…
- 23 Jun 2013
PoS Operators Dump GSM for CDMA
Point of Sale (PoS) terminals operators may have resolved to switch over to Code Division Multiple Access (CDMA) to address the perennial connectivity challenges associated with the use of Global…
- 19 Mar 2018
Kaspersky says POS Malware Targets Chip and PIN Cards
Researchers from Kaspersky Lab researchers have discovered that the cyber criminal group behind the Prilex point-of-sale (POS) malware now have the ability to turn stolen credit card data into…