Have you noticed that most banks hardly put money on their ATM Machines now, this is a deliberate attempt to make sure that Nigerians use POS to make withdrawals. In this way, the banks stands to make more profit than when customers use their ATM terminers as they do not need to buy diesel to power their ATM Terminals and most banks own POS Machine. They earn on each transaction, so they deliberately refuse to put cash on their ATM machine.

I remember visiting First bank last week and their ATM machine wasn't paying but could you imagine that a lady was operating a first bank POS right in front of their bank. I was flabbergasted and disappointed.

Share your experience please.

so ur theory is they earn more via pos

house10s:
so ur theory is they earn more via pos

Yes, they do.

Worse here I don't bother myself going to the atm because there's always no money.all my transactions are done with pos .be it big or small

I use pos most time...

Abfinest007:
Worse here I don't bother myself going to the atm because there's always no money.all my transactions are done with pos .be it big or small

Thanks for confirming it. I went to three banks that are close to each other, same issue

Goldbw122:
I use pos most time...

Even banks use pos

E be many things

Even banks sef dae hustle

YES, THIS IS AN EVIL GAIN, AS A PERSON, PEOPLE, AND COUNTRY YOU MUST SAY "NO" TO IT.
LEARN WHAT GOD CALLED EVIL GAIN AND AVOID IT. https://www.nairaland.com/5621245/say-no-evil-gain

Explain the maths oga