Those coming generations who will be able to read this on paper will find it hard to believe that a whole country can be this confused in a so called digital age.

I paid 1200 to collect 3k

Thank God since all this started God always makes way for me no matter how small the money is someone will give it to me n the money always come at the right time for me

imagrg:
Despite the order given by CBN on POS charges, the Road Side POS Terminal operators still take 30% or more as charges for cash withdrawals.

The CBN should as a matter of urgency approach this matter sternly by making cash available at commercial banks and also asking the staff of these banks to desist from owning POS terminals for cash-in, and cash-out transactions.

The masses are being exploited by these POS operators who take advantage of the present cash crunch to inflict untold hardship on the common man.

This evil practice must stop!

BigBrother9ja:
Both the POS operator and you that accepted to pay such ridiculous amount are both STUPlD, MAD AND IRRESPONSIBLE.

Since this madness started, 98% of my transactions and payments have been through POS or transfer.
Anyone who wouldn't accept any of those two should go and fụçƙ themselve.
Why would I pay 30% INTEREST FOR POS? GOD FORBID!

THAT POS OPERATOR IS SUPPOSED TO BE SERIOUSLY BEATEN AND LATER ARRESTED.
AND YOU THAT PAID SUCH RIDICULOUS AMOUNT SHOULD BE SLAPPED AS WELL.

NONSENSE!

exactly!

The one opposite my house is charging 5k for 10k

imagrg:
In spite of the order given by CBN on POS charges, the Road Side POS Terminal operators still take 30% or more as charges for cash withdrawals.

The CBN should as a matter of urgency approach this matter sternly by making cash available at commercial banks and also asking the staff of these banks desist from owning POS terminals for cash-in, cash-out transactions.

The masses are being exploited by these POS operators who take advantage of the present cash crunch to inflict untold hardship on the common man.

This evil practice must stop!

It's terrible I again 2k 800 naira 1k 400 naira half of one's money ooo this POS people are devilish infact devil self dey fear POS people, devil dey learn work for where this POS evil people dey

ArchiLimited:
My only question is, what EXACTLY did this whole naira redesign achieve?? Can someone really tell me one strong point? Just one? Or are we going through all of this for nothing?

it made the elections more credible than it wd have been

If votebuying had added to all the rubbish that happened it would hv been the worst elections in the world ever.

JustPowerApps:
They are even demanding the 30% on old currency in my area. Corruption is a birthright in Africa, you can't reduce it to zero.

Go to the bank to withdraw money.

You're lucky, you never see 400 per 1k?

WELCOME TO OSHODI LAGOS

Dammmmmmmmnnnn it!
The DIABOLIC DUO of the LIFELESS lucifer and emeFAILURE won't end well!
The shithole is on a cliff edge!

[quote author=BigBrother9ja post=121771694]Both the POS operator and you that accepted to pay such ridiculous amount are both STUPlD, MAD AND IRRESPONSIBLE.

Since this BuharìCow and Eme-failure madness started, 98% of my transactions and payments have been through POS or transfer.
Anyone who wouldn't accept any of those two should go and fụçƙ themselve.
Why would I pay 30% INTEREST FOR POS? GOD FORBID!

THAT POS OPERATOR IS SUPPOSED TO BE SERIOUSLY BEATEN AND LATER ARRESTED.
AND YOU THAT PAID SUCH RIDICULOUS AMOUNT SHOULD BE SLAPPED AS WELL.

NONSEN

If u are having any problem go and sought it out or better still take sniper, than attacking ppl unnecessarily.

candygist:


So PO is not part of the old men ?

he is the leader of a new Nigeria.

BigBrother9ja:
Both the POS operator and you that accepted to pay such ridiculous amount are both STUPlD, MAD AND IRRESPONSIBLE.

Since this BuharìCow and Eme-failure madness started, 98% of my transactions and payments have been through POS or transfer.
Anyone who wouldn't accept any of those two should go and fụçƙ themselve.
Why would I pay 30% INTEREST FOR POS? GOD FORBID!

THAT POS OPERATOR IS SUPPOSED TO BE SERIOUSLY BEATEN AND LATER ARRESTED.
AND YOU THAT PAID SUCH RIDICULOUS AMOUNT SHOULD BE SLAPPED AS WELL.

NONSENSE!

Can I ask what you use to pay for goods when you go to the market?

madridguy:
It is not a must you patronize POS operator, go into the banking hall.

Where do you see money in the banking hall?

imagrg:
In spite of the order given by CBN on POS charges, the Road Side POS Terminal operators still take 30% or more as charges for cash withdrawals.

The CBN should as a matter of urgency approach this matter sternly by making cash available at commercial banks and also asking the staff of these banks desist from owning POS terminals for cash-in, cash-out transactions.

The masses are being exploited by these POS operators who take advantage of the present cash crunch to inflict untold hardship on the common man.

This evil practice must stop!

at Mowe today it was 1750 for 5k

favour32:
Go to banking hall to get cash.
POS is an alternative but with outrageous charges.

No money in the bank.

Angelfrost:
Well, not their fault... I heard some of them actually 'buy' that dough.

They will come for your head. I wonder why most Nigerians never vent their frustration on the appropriate quarters. POS operators unfortunately are the easy scapegoat for all and sundry to attack.

What happened to besieging CBN offices nationwide and demanding cash release? What happened to shutting down government offices to force a quick intervention? No, it's POS agents who also buy these notes at between N150 and N200 per a N1000.

Make una face the source of una problem!

Pacesetter123:

No money in the bank.

Not all banks but only with crowded halls

blowjohn:




See u!
U think they get the money for free?

Please remind these fellas. POS agents buy these notes from traders and fuel station owners. You don't expect them to do charity with it. They include their sweat, cost of purchase and profits. Go to CBN and cry if e too pain you.

Most Nigerians are always looking for soft targets to blame for their woes.

Beremx:
POS agents don't have money in my area. If you want money, just parley with a seller to give cash at the same rate too.
Since yesterday I haven't had any cash with me. Everything I buy is transfer.

That's the tragedy! There's not enough old Naira in the system again. Transfers would still be the in-thing until further notice

IranianSea:

Clot chaser bastard. No one will pay such ridiculous amount even if you're promised new notes.

He is very correct about the charges. A guy paid 1k to withdraw 3k in my presence. For 5k a woman paid 1.5k. No jokes o.

22o62021:
For this Benin wey people don dey accept old money

Somebody paid me 10k with old 1000 currency and I accepted.

I used it to buy other things too.

Even GT bank for sapele road na old money their ATM pay today

ogbelaka?

BigBrother9ja:
Both the POS operator and you that accepted to pay such ridiculous amount are both STUPlD, MAD AND IRRESPONSIBLE.

Since this BuharìCow and Eme-failure madness started, 98% of my transactions and payments have been through POS or transfer.
Anyone who wouldn't accept any of those two should go and fụçƙ themselve.
Why would I pay 30% INTEREST FOR POS? GOD FORBID!

THAT POS OPERATOR IS SUPPOSED TO BE SERIOUSLY BEATEN AND LATER ARRESTED.
AND YOU THAT PAID SUCH RIDICULOUS AMOUNT SHOULD BE SLAPPED AS WELL.

NONSENSE!

It's you that is talking nonsense. This Monday, I kept searching for cash till i saw a pos lady who agreed to have bought cash. He sold 5k for at 7500. I had no choice because i was stranded somewhere away from home and no one ever agreed to assist. I even borrowed ₦50 from an unknown lady who gave me a bad name.
.
So if you are in this condition, you can do anything to get away with some issues

imagrg:
In spite of the order given by CBN on POS charges, the Road Side POS Terminal operators still take 30% or more as charges for cash withdrawals.

The CBN should as a matter of urgency approach this matter sternly by making cash available at commercial banks and also asking the staff of these banks desist from owning POS terminals for cash-in, cash-out transactions.

The masses are being exploited by these POS operators who take advantage of the present cash crunch to inflict untold hardship on the common man.

This evil practice must stop!

Oga, the first question I will ask you is that, "Did the POS agent send an invitation Letter to you?". If that POS agent is your family member, will you care or find out how he or she sourced for the cash to keep the business running?. Let's face reality here, and understand the source of this problem here and be hopeful that the CBN makes provision of cash in excess, and that POS agent won't have to buy cash to keep the business running, and things get back to Normal

mcdokwe:


1. That shows the level of greed inherent in humans, but that is equally fueled by desperation. I operate a POS business and have sworn never to buy cash or sell it; when I get cash, I dispense the little I can and rest and have equally sworn not to buy cash from anyone in the name of withdrawing from POS, if you have a service I need and would not accept transfers and at no extra charge, I move to the next person or forego the need unless it is live saving.
Do not buy money from POS operators, if people don't buy they won't keep selling.

2. It is foolish for the CBN to dabble into regulating POS operators; and in this case almost everybody is guilty, the storekeeper sells cash, the keke operator, the fuel attendant.... everybody!
The CBN should be more concerned about making cash available in the banks and circulating therefrom as it were in past and not running after POS agents that people now look up to for the little cash they give when banks have failed

Tell them oooo! I have missed two days from work now, because the POS operators in my area does not have cash at all, queuing at the ATM point effortlessly, will I afford to loose my job because I couldn't not get cash, and some set of people still clamour of POS operator charges, even when the bank itself does not have the money to pay us

Beat pos operator for what? If you cant pay there charges go to the bank you are banking with. Are you banking with pos operator? Dey are also sourcing for cash. Everybody is working for profit

BigBrother9ja:
Both the POS operator and you that accepted to pay such ridiculous amount are both STUPlD, MAD AND IRRESPONSIBLE.

Since this BuharìCow and Eme-failure madness started, 98% of my transactions and payments have been through POS or transfer.
Anyone who wouldn't accept any of those two should go and fụçƙ themselve.
Why would I pay 30% INTEREST FOR POS? GOD FORBID!

THAT POS OPERATOR IS SUPPOSED TO BE SERIOUSLY BEATEN AND LATER ARRESTED.
AND YOU THAT PAID SUCH RIDICULOUS AMOUNT SHOULD BE SLAPPED AS WELL.

NONSENSE!

BigBrother9ja:
Both the POS operator and you that accepted to pay such ridiculous amount are both STUPlD, MAD AND IRRESPONSIBLE.

Since this BuharìCow and Eme-failure madness started, 98% of my transactions and payments have been through POS or transfer.
Anyone who wouldn't accept any of those two should go and fụçƙ themselve.
Why would I pay 30% INTEREST FOR POS? GOD FORBID!

THAT POS OPERATOR IS SUPPOSED TO BE SERIOUSLY BEATEN AND LATER ARRESTED.
AND YOU THAT PAID SUCH RIDICULOUS AMOUNT SHOULD BE SLAPPED AS WELL.

NONSENSE!

Thank you for this. Any PoShite wey dey collect over 20% for charges na criminal. Same happened to me yesterday. Needed cash for bike and stupid PoShit dey tell me say ₦600 charges for ₦2000.. Shey u dey whine me ni?
Worst part is that the people I met there were even queuing on top the ridiculous charges.
I just trashed them and left. Bike man collect transfer sef. Make PoShit go die

Edo again?
Where they killed a boy last time for doing something similar?!

Bashnigga:
The annoying part is that it's not even the new notes o

it's an annual car gathering event..
spacebar clicker

imagrg:
In spite of the order given by CBN on POS charges, the Road Side POS Terminal operators still take 30% or more as charges for cash withdrawals.

The CBN should as a matter of urgency approach this matter sternly by making cash available at commercial banks and also asking the staff of these banks desist from owning POS terminals for cash-in, cash-out transactions.

The masses are being exploited by these POS operators who take advantage of the present cash crunch to inflict untold hardship on the common man.

This evil practice must stop!

I was charged 40% which is #1600 on #4000 withdrawal.

Blame your inactive government for this.