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Who Regulates The Pos Agents? - Business - Nairaland

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Who Regulates The Pos Agents? by cevek11: 6:06pm On Apr 02
The photo was seen at a POS agent's location... tomorrow somebody will say banks are charging us anyhow.

Are these charges not supposed to be uniform?

Re: Who Regulates The Pos Agents? by smatt1711: 6:16pm On Apr 02
Pos price charges can not be uniform just as all bank charges are not uniform , this is a private business ,if the price is not good to you then check another place , the major determinant in POS charges are the locations and the risk of handling cash in that location , if I am charging you 50 naira for a example and one day thief's attacks and I loose my 100k, how long will it take me to cover that 100k and still maintain normal life with 50 naira charge , handling cash in nigeria is a very high risk .

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Re: Who Regulates The Pos Agents? by providencia(m): 6:24pm On Apr 02
cevek11:
The photo was seen at a POS agent's location... tomorrow somebody will say banks are charging us anyhow.

Are these charges not supposed to be uniform?
Blame bank for pos business. Its an abused of cashless policy which is supposed to be point of sale and not an atm. The banks introduced it
Re: Who Regulates The Pos Agents? by cevek11: 1:53am On Apr 03
And the banks are immune to this risk?


smatt1711:
Pos price charges can not be uniform just as all bank charges are not uniform , this is a private business ,if the price is not good to you then check another place , the major determinant in POS charges are the locations and the risk of handling cash in that location , if I am charging you 50 naira for a example and one day thief's attacks and I loose my 100k, how long will it take me to cover that 100k and still maintain normal life with 50 naira charge , handling cash in nigeria is a very high risk .
Re: Who Regulates The Pos Agents? by cevek11: 1:54am On Apr 03
Huh! shocked

I don't follow...



providencia:

Blame bank for pos business. Its an abused of cashless policy which is supposed to be point of sale and not an atm. The banks introduced it

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