CBN To Curb PoS Fraud, Orders Geo-tagging Of Devices

Leadership | 27-08-2025 05:58pm |

The Central Bank of Nigeria (CBN) has mandated the geo-tagging of all Point of Sale (PoS) terminals across the country as part of fresh measures to strengthen oversight and curb fraud in the electronic payments space. The geo-tagging directive by CBN for PoS devices would mean that they can only be used in the specific

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