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Nairaland Forum / Nairaland / General / Business / Nigerians Shun Pos Transactions Over Charges (33239 Views)
Flutterwave Gets Court Order To Recover $24M Lost To POS Transactions / CBN Debunks Plan To Shut Down Financial Transactions Over Elections / Nigerians Shun Supreme Court Order, Reject Old Naira Notes (2) (3) (4)
Re: Nigerians Shun Pos Transactions Over Charges by mrZENographer: 11:41am On Mar 09, 2020 |
Ok The U.N And Pope Francis' Push For A One World Government, Religion And Economy https://www.nairaland.com/5725162/u.n-pope-francis-push-one After the One World Government (a 7years duration) comes the Millenial Reign of Jesus Christ.
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Re: Nigerians Shun Pos Transactions Over Charges by Phygo(m): 11:42am On Mar 09, 2020 |
ATM>POS |
Re: Nigerians Shun Pos Transactions Over Charges by TOPCRUISE(m): 11:42am On Mar 09, 2020 |
When it comes to financial transactions, the Nigerian government will give an order and will do nothing to enforce it. That is typical of a toothless bull dog 2 Likes |
Re: Nigerians Shun Pos Transactions Over Charges by SenecaTheYonger: 11:44am On Mar 09, 2020 |
Rapistonbail come and see your govt providing suitable enviroment for biz to thrive 1 Like |
Re: Nigerians Shun Pos Transactions Over Charges by justli: 11:49am On Mar 09, 2020 |
This is very good. Too many charges from the govt and banks is forcing Nigerians to shun cashless policy. CBN asking Marchants to bear the cost is senseless. It's a cost, and the end user must shoulder it. Even if eventually the merchants decide to take up the cost, the prices of commodities will go up. It's a shame that the only way this govt thinks of creating wealth is to increase task on its poor citizens while doubling up on external borrowing 2 Likes 1 Share |
Re: Nigerians Shun Pos Transactions Over Charges by Truthbites: 11:49am On Mar 09, 2020 |
obembet: I de wait them with another Fela song. Long live Fela.. Zombie by Fela Anikulapo Kuti Zombie o, zombie (zombie o, zombie) Zombie o, zombie (zombie o, zombie) Zombie no go go, unless you tell 'em to go (zombie) Zombie no go stop, unless you tell 'em to stop (zombie) Zombie no go turn, unless you tell 'em to turn (zombie) Zombie no go think, unless you tell 'em to think (zombie) Zombie o, zombie (zombie o, zombie) Zombie o, zombie (zombie o, zombie) Zombie no go go, unless you tell 'em to go (zombie) Zombie no go stop, unless you tell 'em to stop (zombie) Zombie no go turn, unless you tell 'em to turn (zombie) Zombie no go think, unless you tell 'em to think (zombie) Zombie o, zombie (zombie o, zombie) Zombie o, zombie (zombie o, zombie) Tell them to go straight A joro, jara, joro No break, no job, no sense A joro, jara, joro Tell 'em to go… 2 Likes |
Re: Nigerians Shun Pos Transactions Over Charges by iamjavadem(m): 11:51am On Mar 09, 2020 |
January data cannot be used for such comparism. People spend alot in Deember and spend less in January. The policy was not introduced in January but before December. Only fools will fall for this crap. A disgrace to statistics. 1 Like 1 Share |
Re: Nigerians Shun Pos Transactions Over Charges by GamalNasser: 11:53am On Mar 09, 2020 |
It took us decades and a lot of work plus investment to get Nigerians to adopt the POS and just as Nigerians started really warming up to it Buhari with his useless short sightedness came and destroyed it in one month with another poorly thought out policy 3 Likes 1 Share |
Re: Nigerians Shun Pos Transactions Over Charges by Ivimilly: 11:55am On Mar 09, 2020 |
Slawormir:I been think say you get sense b4 4 Likes |
Re: Nigerians Shun Pos Transactions Over Charges by GamalNasser: 11:56am On Mar 09, 2020 |
iamjavadem: Shut up those of us in the industry will tell you over a 100 thousand POS where abandoned within a month of that policy ..Do you know the the years if work , sweat and investments that got POS transactions to where it was before dull short sighted Buhari destroyed it with one poorly though out policy 4 Likes |
Re: Nigerians Shun Pos Transactions Over Charges by GamalNasser: 11:58am On Mar 09, 2020 |
Dadaboy: So you do you have money ? I know you don't use I know you don't |
Re: Nigerians Shun Pos Transactions Over Charges by globalresource: 11:58am On Mar 09, 2020 |
Slawormir: Zombie. You make no sense Buhari asslicker 2 Likes |
Re: Nigerians Shun Pos Transactions Over Charges by sapientia(m): 12:01pm On Mar 09, 2020 |
CBN can't even enforce their orders. Too long to read trash and excuses please. We want cashless policy but it seems more costly than cash transactions. I wonder if there is any synergy between FG, CBN and relevant MDAs. 1 Like |
Re: Nigerians Shun Pos Transactions Over Charges by Nobody: 12:09pm On Mar 09, 2020 |
.. |
Re: Nigerians Shun Pos Transactions Over Charges by KaptainAfrika: 12:09pm On Mar 09, 2020 |
Dont worry, the mark of the beast is coming... |
Re: Nigerians Shun Pos Transactions Over Charges by Nobody: 12:10pm On Mar 09, 2020 |
I stopped using POS,After it took me a 2months& to get my money refunded from a POS transaction that didn't go through... Something I was wrongly debited,I just stopped using their POS services... Imagine trying to pay for a Rechargeable Standing Fan and they debited me twice.To get the money back na OKorro ooo. 3 Likes |
Re: Nigerians Shun Pos Transactions Over Charges by suzzyboss(m): 12:24pm On Mar 09, 2020 |
Slawormir:See your head like water melon.. Shey you still have enough money.. When this country task the hell out of you.. You'll come back to this post and greedy yourself 1 Like |
Re: Nigerians Shun Pos Transactions Over Charges by Nobody: 12:29pm On Mar 09, 2020 |
Ladies and gentlemen.... N50 = $0.14 50naira is 14cents! |
Re: Nigerians Shun Pos Transactions Over Charges by toprealman: 1:03pm On Mar 09, 2020 |
qualityovenbake:The are clueless. Clearly they are not in support of the said cashless policy. Eateries are now the original scammers |
Re: Nigerians Shun Pos Transactions Over Charges by LZAA: 1:09pm On Mar 09, 2020 |
Slawormir:Usually u make smart comments but u are way off the mark on this one Trying to use high taxes like they do in lagos can never and will never work in a huge country like this Even the uk and usa have states and cities with different laws to protect it's citizenry Like someone said u can't impoverish ur citizens to improve your economy Qed 1 Like |
Re: Nigerians Shun Pos Transactions Over Charges by dominique(f): 1:33pm On Mar 09, 2020 |
Totally believable. I can remember vividly that I only used POS once after that rubbish policy got implemented and that was because i couldn't withdraw from the ATM and I needed to buy fuel. The people I pity most are the ones doing business with the POS 2 Likes 3 Shares |
Re: Nigerians Shun Pos Transactions Over Charges by kokomilala(m): 2:06pm On Mar 09, 2020 |
I think it's better for the toothless CBN to stop issuing directives. They either treat the banks with kid gloves or over-protect them. When POS transactions fail,it's always a mountain for customers to climb to get their money back. With this directive,what efforts has the system taken to ensure that operators toe the line? It's either the CBN irresponsibly remains mute or just pretends nothing untoward is going on. The CBN has a corporate and moral burden to customers and it's incumbent on it to ensure that customers don't lose faith in the system. 1 Like |
Re: Nigerians Shun Pos Transactions Over Charges by larryking540: 2:20pm On Mar 09, 2020 |
Chijeep:The truth is the world is looking for a more renewable means of energy ,so oil era is gradually coming to an end |
Re: Nigerians Shun Pos Transactions Over Charges by Chijeep(m): 2:48pm On Mar 09, 2020 |
larryking540: so na d poor masses b d new energy wey dem dey look 4 |
Re: Nigerians Shun Pos Transactions Over Charges by herrlekan(m): 2:48pm On Mar 09, 2020 |
First bank has been charging stamp duty for every N10,000.00 transferred to my account. I am not a merchant and the account is just a normal savings account. The banks just keep charging customers dubiously, at the end of the financial year they declare billions of naira as profit after tax. 2 Likes |
Re: Nigerians Shun Pos Transactions Over Charges by osuofia2(m): 3:10pm On Mar 09, 2020 |
Slawormir:SEE YOUR HEAD LIKE COCONUT, THE MAN HAS KILLED CASHLESS POLICY YOU ARE HERE TALKING OF GREED, ALL BUHARIST ARE SUFFERING FROM SAME ILLNESS 1 Like |
Re: Nigerians Shun Pos Transactions Over Charges by maasoap(m): 3:29pm On Mar 09, 2020 |
Lee29: The problem is that Nigerians are not used to sacrifices but we're getting there gradually. Thank God we have oil as the backbone of the government's revenue, Buhari's administration is changing the narratives for the future. If you made a sale of N20,000, will the payment of N150 take away all your profits? We have to learn how to do away with all these greediness. We're quick to use developed economies as examples of better societies but we're reluctant to make the same sacrifices the make everyday. To pay individual taxes, na war. To pay company taxes, na war. A company with 100 million naira profit a year would report 10 million naira to the government just to avoid paying corresponding taxes |
Re: Nigerians Shun Pos Transactions Over Charges by larryking540: 3:35pm On Mar 09, 2020 |
Chijeep:Lol Me kw con know o |
Re: Nigerians Shun Pos Transactions Over Charges by maasoap(m): 3:35pm On Mar 09, 2020 |
LZAA: Paying N50 on receiving an amount above 10k can't impoverish you. We've got to accept the fact that citizens have duty to give back to the governments so that governments will be able to take care of the infrastructures. We've been eating crude oil for a long time that we don't even know that all these things are necessary for the government to function well. |
Re: Nigerians Shun Pos Transactions Over Charges by Lee29: 4:00pm On Mar 09, 2020 |
maasoap: It's either you know nothing about how businesses are run in Nigeria or you're just a gullible supporter of this evil administration. Doing business in Nigeria can be extremely frustrating due to multiple taxation. You pay tax to local government, market authorities, state government, and FIRS. Touts will also collect tax on every offloading of goods. Business owners practically provide all basic amenities. You pay estimated energy bill, buy petrol/diesel, water rates, sanitation fee, security, coupled with high cost of shop rent. And you're here justifying the addition of burdens. You're a sadist! 2 Likes |
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