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CBN Bars Agents From Using Pos Terminals For Transactions - Business (2) - Nairaland

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Re: CBN Bars Agents From Using Pos Terminals For Transactions by geoworldedu: 9:23pm On Mar 15, 2023
They have started again. The Central Ban of Nigeria is still in the business of banning meaninglessly.

3 Likes

Re: CBN Bars Agents From Using Pos Terminals For Transactions by ezugegere(m): 9:24pm On Mar 15, 2023
More explanation needed

2 Likes

Re: CBN Bars Agents From Using Pos Terminals For Transactions by Mekanus(m): 9:24pm On Mar 15, 2023
I no even understand this their bogus English

1 Like

Re: CBN Bars Agents From Using Pos Terminals For Transactions by okpas01: 9:25pm On Mar 15, 2023
FairlyUSEDpussy:
At least let them remain banned for now till things settle........

Stupid pos operators.........
Ntorr!!!
Bitter soul, channel ur anger to the right direction.

8 Likes 1 Share

Re: CBN Bars Agents From Using Pos Terminals For Transactions by NamelessOGBENI(m): 9:25pm On Mar 15, 2023
ManirBK:
Ano even understand.. Those English used were too emefelized to my understanding

But what we all knew this is pay back time but it has good and bad effect during this period

ManirBK:
Another vawlence suffering prepared

Somewhere in Gwandu, some of this roguish POS operators charge as much as 2k per 5k withdrawal and we want Nigeria to move forward.

Vawlence remain the goal.

7 Likes 1 Share

Re: CBN Bars Agents From Using Pos Terminals For Transactions by Yusufisraelj(m): 9:26pm On Mar 15, 2023
ManirBK:
Ano even understand.. Those English used were too emefelized to my understanding

But what we all knew this is pay back time but it has good and bad effect during this period

Honestly I'm confused as well.

1 Like

Re: CBN Bars Agents From Using Pos Terminals For Transactions by mcdokwe(m): 9:26pm On Mar 15, 2023
read, my fellow youths, read to understand!

Before the use of POS terminals as agency banking, P O S which actually means Point of Sales terminal were solely used by merchants for the sole purpose of collecting payments... now enter Agency banking, where you now use the terminals to "cash-in" (deposit) and "cash-out" (withdraw).


now, due to the current situation, terminals supposedly marked out as "merchant terminal" are used as "agency banking" and that is what CBN is trying to stop.

but then, again, this is like the proverbial hunt for rats when the house is on fire.

Emefiele, wake up o!

18 Likes 3 Shares

Re: CBN Bars Agents From Using Pos Terminals For Transactions by Moh247: 9:27pm On Mar 15, 2023
Another day another gbas gbos


Fueling stations and supermarket would stop giving cash

1 Like

Re: CBN Bars Agents From Using Pos Terminals For Transactions by ayokunl: 9:27pm On Mar 15, 2023
Emefieli your time is numbered

1 Like

Re: CBN Bars Agents From Using Pos Terminals For Transactions by FairlyUSEDpussy: 9:29pm On Mar 15, 2023
okpas01:
Bitter soul, channel ur anger to the right direction.

Calm down yahoo yahoo pos operator........pple sweat wey u chop never do u??

6 Likes 1 Share

Re: CBN Bars Agents From Using Pos Terminals For Transactions by Yayi229: 9:29pm On Mar 15, 2023

1 Like

Re: CBN Bars Agents From Using Pos Terminals For Transactions by GEJDHERO: 9:30pm On Mar 15, 2023
b0rn2fuck:
This man is stupid, things will change may 29 but that date still long.. last minute Buhari survival
There wud be no May 29th

1 Like

Re: CBN Bars Agents From Using Pos Terminals For Transactions by Henrydata(m): 9:30pm On Mar 15, 2023
Obaaderemi2:
What they're saying is that particular POS terminals meant for selling of goods like the ones in supermarkets will no longer be used to withdraw or send money. They will be used only for payment of goods.

Yea, true. How will Cbn monitor this?

1 Like

Re: CBN Bars Agents From Using Pos Terminals For Transactions by youngtizzy1(m): 9:31pm On Mar 15, 2023
Lol
So many confused people on this platform I swear, not long ago they are claiming about Over Charging from POS agents and now Is CBN get wΓ hΓ‘lΓ , CBN wait to kee dem, CBN want to stop people from eating.
Mehn so many Confused people dey here.
Shook mouth people lol


domack99:


https://www.vanguardngr.com/2023/03/cbn-bars-agents-from-using-pos-terminals-for-transactions/

4 Likes 1 Share

Re: CBN Bars Agents From Using Pos Terminals For Transactions by soik(m): 9:33pm On Mar 15, 2023
What about normal pos business?

1 Like 1 Share

Re: CBN Bars Agents From Using Pos Terminals For Transactions by spiralwedge(m): 9:34pm On Mar 15, 2023
Why is this guy still in that office and not in exile or jail?


I don’t this Buhari at all
Re: CBN Bars Agents From Using Pos Terminals For Transactions by Ikea81: 9:35pm On Mar 15, 2023
Even old cash nobody see. Shishi no dey town
. Na wa o

1 Like

Re: CBN Bars Agents From Using Pos Terminals For Transactions by Elliotwaveforec: 9:35pm On Mar 15, 2023
That it to say no more deposit and withdrawal through the POS device; it's meant for sellers of goods and services (merchants) only.

Operators should start looking for other means of earning a living.

6 Likes 1 Share

Re: CBN Bars Agents From Using Pos Terminals For Transactions by Deefirm: 9:37pm On Mar 15, 2023
Re: CBN Bars Agents From Using Pos Terminals For Transactions by Franzinni: 9:37pm On Mar 15, 2023
Unah go hear wheeeennn... Shebi Nigerians are of the I better pass my neighbor mentality... This is good news i swear ... Heap of suffering on thier head please !!! Nigerians deserve the best of the next next level

7 Likes

Re: CBN Bars Agents From Using Pos Terminals For Transactions by Mozhac(m): 9:37pm On Mar 15, 2023
Meaning that POS is suppose to be used by people who buy and sell things. Not as a business venture.

domack99:


https://www.vanguardngr.com/2023/03/cbn-bars-agents-from-using-pos-terminals-for-transactions/

4 Likes

Re: CBN Bars Agents From Using Pos Terminals For Transactions by SenatePresdo(m): 9:38pm On Mar 15, 2023
Beremx:
Emefiele kukuma kee us o!! This devil and his policies want Nigerians to start a revolution. What manner of wickedness is this abeg?

ENDSARS 2.0 loading....
😑😑😑😑😑😑

Will you come out? See face like fried akara balls.
Re: CBN Bars Agents From Using Pos Terminals For Transactions by Rufai1314(m): 9:39pm On Mar 15, 2023
Buhari pls class your dog to order, enough is enough pls.

1 Like

Re: CBN Bars Agents From Using Pos Terminals For Transactions by symbianDON(m): 9:39pm On Mar 15, 2023
Emefiele is an agent of the devil! What sort of wicked man is this??

4 Likes

Re: CBN Bars Agents From Using Pos Terminals For Transactions by frankson1(m): 9:42pm On Mar 15, 2023
tbobuneo:
Our 9ja with everyday drama, Okay POS in my Village helps some! to get Cash instead of going on a long journey to main town. Why would our leader push us this hard, like they literally don't careπŸ˜” POS business has put food on their table, for families and now you want to make some fellow Nigerians Cry...πŸ€” This is not Fair.



You got it completely wrong undecided

1 Like

Re: CBN Bars Agents From Using Pos Terminals For Transactions by michoim(m): 9:43pm On Mar 15, 2023
This Emefiele is nothing but Satan from the bottomless pit...the earlier he is destroyed the quicker the liberation of our people...

4 Likes

Re: CBN Bars Agents From Using Pos Terminals For Transactions by Spiff20(m): 9:43pm On Mar 15, 2023
Everyday this country surprises us more policies meant to worsen the suffering of Nigerians. Tomorrow they'll say we can't recharge via our bank apps and that all of us must converge at CBN headquarters to recharge our phones.

5 Likes

Re: CBN Bars Agents From Using Pos Terminals For Transactions by baconline(m): 9:44pm On Mar 15, 2023
Chasing smoke and leaving the fire, what rubbish
Re: CBN Bars Agents From Using Pos Terminals For Transactions by mankan2k7(m): 9:45pm On Mar 15, 2023
Obaaderemi2:
What they're saying is that particular POS terminals meant for selling of goods like the ones in supermarkets will no longer be used to withdraw or send money. They will be used only for payment of goods.

So this is the summary of the English. It is a welcome development.

English hard true true

5 Likes 1 Share

Re: CBN Bars Agents From Using Pos Terminals For Transactions by Holluwhakemmy(f): 9:45pm On Mar 15, 2023
Better. What they charge is too much

1 Like

Re: CBN Bars Agents From Using Pos Terminals For Transactions by frankson1(m): 9:48pm On Mar 15, 2023
Beremx:
Emefiele kukuma kee us o!! This devil and his policies want Nigerians to start a revolution. What manner of wickedness is this abeg?

ENDSARS 2.0 loading....
😑😑😑😑😑😑



Your statement shows that you and the 17 people that liked your comment don't understand a thing from the post undecided

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