Key Risks and Opportunities in CBN’s POS Geo-Tagging Policy

Tekedia | 28-08-2025 11:13pm |

The Central Bank of Nigeria’s (CBN) recent policy on the geo-tagging of Point of Sale (POS) terminals marks a significant shift in the regulation of financial technology and payment systems. Under the new rules, POS terminals must be geo-tagged and restricted to operate within a 10-meter radius of their registered locations. While the policy aims

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