Mandatory geo-tagging of PoS terminals: Boosting payment transparency, tackling e-fraud

Tribune OnlineMandatory geo-tagging of PoS terminals: Boosting payment transparency, tackling e-fraudMany Point-of-Sale (PoS) terminal operators often move their devices across locations or operate in unregistered areas, making it difficult to trace illicit activities. Geo-tagging closes this loophole by restricting devices to their certified addresses. With improved oversight, regulators can track where and how PoS machines are being used, offering better data for policymaking and e-fraud

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