Nigeria’s POS usage skyrockets as ATM transactions decline

From Adanna Nnamani, Abuja The Central Bank of Nigeria (CBN) has reported that transactions made through point-of-sale (POS) terminals have skyrocketed, surpassing ATM usage by an astonishing 603%. In the first half of 2024, Nigerians conducted transactions worth ₦85.91 trillion via POS, a figure that dwarfs the ₦12.21 trillion recorded for ATM transactions during the [...]The post Nigeria’s POS usage skyrockets as ATM transactions decline appeared first on The Sun Nigeria.

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