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Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines - Crime (3) - Nairaland

Nairaland Forum / Nairaland / General / Crime / Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines (62759 Views)

Ifeanyi: Davido’s Nanny, Cook May Face Charges For Negligence / Armed Gangsters Rob Homes With POS In Lagos & Ogun During Lockdown / Policeman Seen With POS, Asking A Passenger To Bring His ATM Card (video) (2) (3) (4)

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Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by qanda: 9:29am On Apr 22, 2020
My takeaways from this topic

1. For safety reasons, individuals should have the customer care nos of their bank in a place it can be easily accessed if the need arises e.g like the man who was able to block two of his accounts after the criminals collected his ATM Cards

2. Banks should have a unit that work with security Agents in tracking criminals.

3. Businesses whose PoS are stolen/missing should report to the bank as a matter of urgency.

4. Banks should carry out due diligence before issuing PoS to a business.

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Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by SearchFirst: 9:30am On Apr 22, 2020
BCISLTD:


Its quite simple...the cashiers of the stores ..or thier staff loan it out to the robbers at night...they just use the card to verify pins...

this country..

I don't believe the above.

You can buy your own POS on Nairaland.

There is one POS seller that sells for 25k on here.
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by Neoteny7: 9:30am On Apr 22, 2020
nairavsdollars:
na so. every dick, tom and harry have access to ATM. even police on checkpoints

That's not a POS. The card he's inserting is clearly an ID card. He's likely validating driving licenses or national ID cards

2 Likes

Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by Taye4j: 9:31am On Apr 22, 2020
yinchar:
This is a no brainer issue that requires a simple fix.

All funds paid or transferred to a POS linked account should be made unavailable or kept in lien for 3 working days, will only be cleared for withdrawal or transfer after 3 working days.

That’s how’s it done in some advanced countries, even in some countries it 7 working days, some 1 month.

I don’t know why simple things are so difficult in our country.

What you wrote is not feasible, legally speaking, it is not correct to withhold people's funds for some days without any legal order from the court.. Try that in Nigeria and you will spend your days in court.

Moreso, for those who are into agency banking, which I believe we have a good number of youths in our society engaged in it. They use the funds in their accounts for their day to day transactions . Placing a lien on such accounts will put a strain on their economic activity.

Proper tracking of those fraudulent POS transactions can be done by getting relevant information on such accounts from the bank by the police.

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Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by Moji12(f): 9:32am On Apr 22, 2020
I suspect those paga people abeg

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Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by GeneralPula: 9:32am On Apr 22, 2020
nairavsdollars:
how did POS even get into the hands of armed robbers?

If one can purchase a Gun to kill, the Pos is way easy.

1 Like

Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by LegoxMetahuman: 9:33am On Apr 22, 2020
yinchar:
This is a no brainer issue that requires a simple fix.

All funds paid or transferred to a POS linked account should be made unavailable or kept in lien for 3 working days, will only be cleared for withdrawal or transfer after 3 working days.

That’s how’s it done in some advanced countries, even in some countries it 7 working days, some 1 month.

I don’t know why simple things are so difficult in our country.

Superjazz:
You can't blame the banks when you are robbed you report to the bank the bank trace the account into which the frivolent transaction took place and you find a way of tracking the suspect with police help.but Nigeria police and lack of commitment na 5 and 6

according to the post which i doubt you guys read


they dont transfer, they only use the pos to confirm your pin is correct, then take your atm card away and withdraw as much as they can before morning when bank will have time to block your card.

1 Like

Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by Angelfrost(m): 9:33am On Apr 22, 2020
nairavsdollars:
how did POS even get into the hands of armed robbers?

The big question!!! CBN continues to fail in its duties.
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by Enyimbamercedes: 9:33am On Apr 22, 2020
As a business owner, if you need a POS, banks will be asking for all sorts of requirements but Armed robbers will be using pos!!!

How is it not possible to track the funds to the account that the POS is linked to

Bank staff are complicit in this

1 Like

Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by ebismarsblog(m): 9:33am On Apr 22, 2020
[quote author=ZombiePUNISHER post=88702509]This can only happen in a useless country like Nigeria.... Where nothing works

Incompetent people hold sway on all the sectors
Lifelessness everywhere

Pity....

because d acclaimed competent one like you turn to keyboard � warriors. Doing nothing always typing and complaining without bringing out solutions to problems..

Ranting master
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by beejay85: 9:34am On Apr 22, 2020
kiss
Iyiataata92:
ok
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by suskumayaya(m): 9:35am On Apr 22, 2020
Seems people don't seriously read to understand.

It is written there that, the robbers mostly used the POS to check the PIN before proceeding to withdraw the fund on other channels before day breaks.

1 Like

Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by kokomilala(m): 9:36am On Apr 22, 2020
The state of anomie that Nigeria has become is at full flow.The financial sector has become the foil for criminal activities in recent times. Organised cyber crimes between bankers and cyber criminals ,and of course ,with armed bandits is going on.How do you explain a situation where someone calls your name on a cell phone with precision, if the there was no collabo with the banking system?
The government pretends to effectiveness ,but in real terms is worse than useless. How can you lock down an economy that has to be serviced daily for four weeks?Is it for lack of imagination? And how can a government be so prostrate against a marauding, but pretentiously-equipped gangs of idiotic street urchins called, One Million Boys, OmoKesari- Children of Ceasar,Awawa Boys and No Salary Boys?
What is happening now only underscores the notion that this fallen nation- hapless, buffeted and gang-raped endlessly- is being led by accidents of history, unfortunates and self-seeking imposters,who expose the masses to the spilling over of the anger of criminals.
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by Sososo(f): 9:37am On Apr 22, 2020
Advanced robbery
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by BCISLTD: 9:39am On Apr 22, 2020
SearchFirst:


I don't believe the above.

You can buy your own POS on Nairaland.

There is one POS seller that sells for 25k on here.

The Pos most be attached to a bank account na...
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by just2endowed: 9:40am On Apr 22, 2020
Winneygirl:
We need to follow through with accountability.
Report to the bank. Follow up with a police report. Get a court order to debit the fraudsters account. The bank will honour a court order.
You don't expect the bank to just go chasing people who handle POS transactions.
You do your part too.

The thief only use the pos to verify the card pin. They didn't use it to transfer or make transactions.
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by greggng: 9:40am On Apr 22, 2020
Go and deactivate your account if you know it has good money ....have a second account that has little money and it must 've atm for your expenses. ..even if they rob that account , it won't affect u badly ...you are on your own in this country ...
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by Jaspernubi: 9:40am On Apr 22, 2020
A POS robber can be arrested, The only reason they are not being arrested is that the Bank is a conspirator, Abroad. every transaction can be traced, Even if you buy in a store with stolen dollars pound or euro, The Police abroad knows how to find you
The unfortunate situation in Nigeria is that the NIGERIAN POLICE ARE CRIMINALS, they have been reoriented in Corruption and the Police in Nigeria loves and live by crime because the government is corrupt.
A lot of police men have build houses with proceed of corruption, fed family with proceed of corruption
It is a normal lifestyle in the Nigerian force to steal.
when the country is ready for a change, the entire Nigerian Police force will be proscribed and the new Police will be from secondary school or University with High tech training
But this cannot happen when the Country is still under the Tyranny of Backward Hausa Fulani
The country must break away from the Hausa who are backward and have continued to draw the rest of the region backward to have a standard development
Nigeria has been stunted since Shagari
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by Ghostmode2two(m): 9:42am On Apr 22, 2020
The banks should not only to blamed but also made to compensate people who are victim of this pos robbery
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by Gudlite: 9:42am On Apr 22, 2020
Superjazz:
You can't blame the banks when you are robbed you report to the bank the bank trace the account into which the frivolent transaction took place and you find a way of tracking the suspect with police help.but Nigeria police and lack of commitment na 5 and 6

I don't think you read well. They use POS to confirm the Pin of the ATM and then go to ATM and withdraw cash,
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by emmanuelewumi(m): 9:43am On Apr 22, 2020
Superjazz:
You can't blame the banks when you are robbed you report to the bank the bank trace the account into which the frivolent transaction took place and you find a way of tracking the suspect with police help.but Nigeria police and lack of commitment na 5 and 6


Banks should make internet banking optional and not compulsory.
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by olumide3367(m): 9:44am On Apr 22, 2020
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Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by Nobody: 9:47am On Apr 22, 2020
This one na executive robbery. Lol
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by God2man2again(m): 9:48am On Apr 22, 2020
Ok
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by benzion72(m): 9:49am On Apr 22, 2020
To curb the problem bank should disable all pos until further notice. Two all pos are adding to particular individual and organization and each transaction are recorded even checking balance
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by olujaidi: 9:50am On Apr 22, 2020
Don't people realize that they can use the card management utility of their mobile banking app to control the channel (ATM,web or PoS) on which their cards are used? Eg if you don't want your card to be used on an ATM, you simply turn off that channel and turn it on when you need to

2 Likes

Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by nwannemous(m): 9:51am On Apr 22, 2020
yinchar:
This is a no brainer issue that requires a simple fix.

All funds paid or transferred to a POS linked account should be made unavailable or kept in lien for 3 working days, will only be cleared for withdrawal or transfer after 3 working days.

That’s how’s it done in some advanced countries, even in some countries it 7 working days, some 1 month.

I don’t know why simple things are so difficult in our country.
. They don't Rob with the POS, they only use it to confirm that you gave them your correct pin number. They will proceed to any nearest ATM machine to withdraw.
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by AreaFada2: 9:51am On Apr 22, 2020
yinchar:
This is a no brainer issue that requires a simple fix.

All funds paid or transferred to a POS linked account should be made unavailable or kept in lien for 3 working days, will only be cleared for withdrawal or transfer after 3 working days.

That’s how’s it done in some advanced countries, even in some countries it 7 working days, some 1 month.

I don’t know why simple things are so difficult in our country.
Then that will increase kidnapping. Only after the funds are cleared before they release the victims.
Nigeria needs a completely new system. Things do not work in Nigeria like in other places.
Maybe a secret additional code ATM owner must add to clear the funds. But unknown to armed robbers. If PIN is xxxx, then extra yz must follow to authenticate. But the machine won't prompt you to add it. Yet the machine senses that the missing extra figures means something is wrong.

Though the funds will seem moved. But without the secret extra code it will be held for days.
But banking insiders may leak the secret to armed robbers too.

Something unique needs to be done. Biometric won't cut it. Because robbers will make victims do everything. Unless biometric that senses physiological stress too. And hold up the funds for days first.
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by emmanuelewumi(m): 9:53am On Apr 22, 2020
Enyimbamercedes:
As a business owner, if you need a POS, banks will be asking for all sorts of requirements but Armed robbers will be using pos!!!

How is it not possible to track the funds to the account that the POS is linked to

Bank staff are complicit in this


Do you know that some business owners are also criminals, go to Ladipo market, computer village or Alaba market
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by apex525: 9:53am On Apr 22, 2020
www.nairaland.com/attachments/11404309_976351_png86f316f5aa4804cb4ed80f32d0c11c19
Re: Nigerians Blame Banks For Negligence As Robbers Visit Homes With POS Machines by Nobody: 9:55am On Apr 22, 2020
You people are not getting it, the robbers are not using the pos to withdraw money they use it to check if the ATM PIN no is correct, then they will go to the nearest ATM bank and empty your account, what should be done is to put adequate 24hrs security camera in all ATM points,any transaction of such nature can then be captured then using the time and date the robbers will be apprehended.

1 Like

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