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CBN instructs banks to reconfigure...

CBN instructs banks to reconfigure ATMs, POS...

PoS operators close kiosks as...

PoS operators close kiosks as naira scarcity...

CBN instructs banks to reconfigure ATMs, POS terminals for foreign card use

CBN instructs banks to reconfigure ATMs, POS terminals for foreign card use Story by Martha Gwary To ensure seamless and efficient transactions for holders of foreign-issued payment cards in Nigeria, the Central Bank of Nigeria (CBN) has instructed banks and non-bank acquirers to reconfigure all automated teller machines (ATMs), point-of-sale (POS) terminals, and virtual terminals. These devices must accept international cards via Nigerian acquirers, fully comply with card scheme standards, and hold the required certifications for smooth processing. The CBN announced this in a circular signed by Dr Rita Sike, Director of...
Maryam Umar -
Business & Economy

CBN instructs banks...

CBN instructs banks to reconfigure ATMs, POS terminals for foreign card use Story by Martha Gwary To ensure seamless and efficient transactions for holders of foreign-issued...
Maryam Umar -
News

PoS operators close...

PoS operators close kiosks as naira scarcity persists Point of Sale (POS) operators are bemoaning the impact of the Naira scarcity on their businesses as...
Jane AISO -
Business & Economy

NECA commends CBN...

The Nigeria Employers’ Consultative Association (NECA) has commended the Central Bank of Nigeria (CBN) on the new charges guide to banks and other financial...
Aisha Auyo -
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