Tag: POS
CBN Pegs PoS Agents Daily Transactions At ₦1.2m
THE Central Bank of Nigeria (CBN) has capped daily cash-out transactions for Point of Sale (POS) agents at N1.2 million and N100,000 for individual customers. The regulation for operators comes under a new set of guidelines released to regulate agent banking operations across the country. The circular, signed by the Director of the Payments System…