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Nairaland Forum / Nairaland / General / Business / CBN Bars Agents From Using Pos Terminals For Transactions (66988 Views)
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Re: CBN Bars Agents From Using Pos Terminals For Transactions by Boyooosa(m): 2:46am On Mar 16, 2023 |
ManirBK: Honestly, too ambiguous and uncalled for...most especially in this kind of economy where as a teacher, u also need to be a tailor and must be selling chinchin in front of your house to meet up with daily survival and life expectancy....multiple strings. I think what the law means there is, if as a merchant, you apply and collect pos terminal from your bank for the purpose of trading, receiving payment of sales from your customers, you shouldn't use same terminal for withdrawal and deposit business just like an accredited agent would do.... I think that's a better explanation. 3 Likes 3 Shares |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by Minjim: 3:13am On Mar 16, 2023 |
1Alex: Election results don turn Obingo to philosophers |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by ikorodureporta: 4:01am On Mar 16, 2023 |
POS wey dey save us since |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by BluntCrazeMan: 4:33am On Mar 16, 2023 |
domack99:These are Monsters which the CBN created.. |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by emmy9500: 4:46am On Mar 16, 2023 |
ikorodureporta: They are not banning POS, there is POS for agency banking and there is another for checkout The POS for agency banking have the options to withdraw but checkout has option of purchase 2 Likes |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by Skooldeto(m): 4:57am On Mar 16, 2023 |
I want to make urgent call, zenith bank yet to credit my airtime account since why I fall to this country why God |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by blueAgent(m): 5:08am On Mar 16, 2023 |
1Alex: True |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by Donedeal1(m): 5:10am On Mar 16, 2023 |
Mr Emefelie please leave leave Those struggling people out of your failing. |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by Solsix(m): 5:27am On Mar 16, 2023 |
Obaaderemi2:Thanks for the explanation. Nah now I understand 1 Like |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by ndukwejoe(m): 5:34am On Mar 16, 2023 |
Thanks I did not understand jack from that report Obaaderemi2: 1 Like |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by Sevenworldpower(m): 5:46am On Mar 16, 2023 |
mcdokwe: Especially filling stations 2 Likes |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by Bluffly: 5:53am On Mar 16, 2023 |
tbobuneo:Learn to read and understand |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by candygist: 6:13am On Mar 16, 2023 |
tbobuneo: Tbia is CBN doings. They don't know anything. Everything is now political motivated. |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by awoluyi(m): 6:27am On Mar 16, 2023 |
Emefiele I have resolved not to curse you but as you make me *CASHLESS na so your life go become PEACE LESS*. |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by dappydozzy(m): 6:31am On Mar 16, 2023 |
ManirBK: No suffering there, it is just regulatory compliance, a merchant POS is different from an agent POS, they should not perform same function. |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by Atarakpa: 6:41am On Mar 16, 2023 |
Beremx:pos operator spotted. You guys are wicked imagine charging me 25k for 100k last two weeks |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by madgoat(m): 6:59am On Mar 16, 2023 |
Obaaderemi2: Seems you did not comprehend the article Stop spreading fake news |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by miniziter(m): 7:12am On Mar 16, 2023 |
FairlyUSEDpussy: We know your type. Scanner calling POS yahoo. |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by FairlyUSEDpussy: 7:17am On Mar 16, 2023 |
miniziter: Rest ijn!!! Go find better work........ No more money riping...... Enuff is enuff......... |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by solomonUC(m): 7:24am On Mar 16, 2023 |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by everythinggirly(f): 7:32am On Mar 16, 2023 |
There's no useful ideas in thier old head, anything that comes out of their mouth sounds useless and confusing. Which kind yeye country be this? |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by Rupertek: 7:45am On Mar 16, 2023 |
Let me break it down. They didn't ban all POS, just all these Opay, Palmpay and so on. tbobuneo: |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by Rupertek: 7:49am On Mar 16, 2023 |
Solsix: The agents they actually mean is these Opay, Palmpay and so on. They are agents and not banks. The CBN is saying they will stop bekng used for POS transactions. 1 Like |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by stevups(m): 7:59am On Mar 16, 2023 |
tbobuneo: Because of your PoS business abi? |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by ebony2011(m): 7:59am On Mar 16, 2023 |
The POS agents are responsible for this cash scarcity.They are on ATM machines looking for any available cash.And latter re-sell with over 30% margin 1 Like |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by Donpenny(m): 8:30am On Mar 16, 2023 |
It seem most people that commented here are into POS. It is called point of sale designed mainly for payment at any business outlet not for money desposit or withdrawal. That's how it is being use for in the developed world. Most POS operators here in Nigeria doesn't have a business outlet for sales of any commodities or service but operate as arbitrage and mini banking . 1 Like |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by Smartbezzy2(m): 8:40am On Mar 16, 2023 |
tbobuneo:ENGLISH HARD SHA... that's not what dey meant bro |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by Smartbezzy2(m): 8:41am On Mar 16, 2023 |
emmy9500:NA ONLY U GET SENSE ASWEAR |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by Smartbezzy2(m): 8:42am On Mar 16, 2023 |
Rupertek:ANOTHER INTELLIGENT PERSON |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by freemi(m): 9:09am On Mar 16, 2023 |
Yusufisraelj:I think it for bank agents. It doesn't affect opay, palmpay etc |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by freemi(m): 9:10am On Mar 16, 2023 |
Rupertek:u r saying the opposite bro. Der r banning bank agents instead |
Re: CBN Bars Agents From Using Pos Terminals For Transactions by edoairways: 9:35am On Mar 16, 2023 |
iHart:That is not true |
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