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E- Naira Would Destroy POS Business - Investment - Nairaland

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E- Naira Would Destroy POS Business by Sebastine1994(m): 2:14pm On Sep 27, 2021
What should pos operators do?

Any advice
Re: E- Naira Would Destroy POS Business by TheManPregnant: 2:54pm On Sep 27, 2021
Sebastine1994:
What should pos operators do?

Any advice

They should hold a mass protest

1 Like

Re: E- Naira Would Destroy POS Business by kristonium(m): 2:56pm On Sep 27, 2021
Innovate and also adapt

You can also register to be an accredited merchants of E-money

1 Like

Re: E- Naira Would Destroy POS Business by Elsueno: 5:59pm On Sep 27, 2021
Nah...it will just improve it & make it less risky
Re: E- Naira Would Destroy POS Business by Terrier99: 7:02pm On Sep 27, 2021
E Naira would not affect POS business in ANY way.

POS operators are the last mile service providers in financial inclusion. Their target customers won't adopt E Naira for at least, the next 5 years.

3 Likes

Re: E- Naira Would Destroy POS Business by DaBogu: 8:38pm On Sep 27, 2021
Many banks will retrench their staff

1 Like

Re: E- Naira Would Destroy POS Business by Kobicove(m): 8:53pm On Sep 27, 2021
There will be disruptions in the Fintech space which will undoubtedly lead to job losses undecided
Re: E- Naira Would Destroy POS Business by spyglaxx: 5:17am On Sep 28, 2021
@Lalasticala


Front page.

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Re: E- Naira Would Destroy POS Business by Gee64: 6:02am On Sep 28, 2021
How does E-money work?

SEE freebie that will bless your hustle on my signature below!

2 Likes

Re: E- Naira Would Destroy POS Business by DaBogu: 1:52pm On Sep 28, 2021
Gee64:
How does E-money work?

SEE freebie that will bless your hustle on my signature below!
Blockchain

1 Like

Re: E- Naira Would Destroy POS Business by S0l0m(m): 2:55pm On Sep 28, 2021
eNaira won't hamper POS business because they serve almost entirely different purpose. eNaira works just like the normal digital banking via mobile app and USSD, but instead of being managed by the DMBs, it is managed by the CBN itself.

Whereas, POS business deals solely with dispensing cash and a little bit of bills payment. eNaira doesn't dispense cash.

I would love to think that eNaira would be competing with the banks and other fintechs offering P2P payment and remittances.

1 Like

Re: E- Naira Would Destroy POS Business by nairabacks(f): 3:59pm On Sep 28, 2021
CBN will stop minting physical notes, cash will become scarce. Only VIps will be able to access it.

1 Like

Re: E- Naira Would Destroy POS Business by lereinter(m): 6:46pm On Apr 07, 2023
Till now enaira hasn't found its footing moreover destroy pos
Re: E- Naira Would Destroy POS Business by Sebastine1994(m): 5:23pm On Apr 09, 2023
nairabacks:
CBN will stop minting physical notes, cash will become scarce. Only VIps will be able to access it.

Prophecy

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