Merchants and cardholders stand to benefit immensely from the Central Bank of Nigeria’s (CBN) new Point of Sale (PoS) policy unveiled last week. Beyond boosting convenience and security in ...

Many 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 ...

FairMoney is a microfinance bank that is licensed by the Central Bank of Nigeria and insured by the Nigeria Deposit Insurance Corporation (NDIC). Having a POS machine is one of the easiest and most ...

The CBN has new instructions for PoS machines of banks and also fintech companies to tackle fraud One of the new changes is geo-tagging, which means that POS machines outside their registered location ...