dre11:


https://punchng.com/pos-operators-begin-implementation-of-new-service-charge-monday/?amp

I know it will get to this, they hit the jackpot during the naira scarcity. I know they will struggle to get use to the normal charges. Awon Ole

Very necessary.

The shyyythole is littered with wicked opportunists from TOP TO BOTTOM! 😎

The implementation will favour me and my family

Bank no far + cool AC

Harrynight:



How does the high cost of fuel affects POS services?

Has bank increase withdrawal charges to enable post operators increased from their ends?

Or do we just take advantage of circumstances to extorts from people and enlarge our pockets??

Or are they using fuel to power the POS nii😳

You mean PoS operators now have association.

Nawa o

Nigeria is probably the only country innovation is driven by exploitation and not making life easy.
The people in authority create situations they will explore to steal and make the masses suffer.
Association of Mobile Money and Bank Agents in Nigeria…later that fugitive will cite this one as part of the registered organizations in the country.

Why do we have a POS industry in Nigerian Financial Framework?

I earn my money and use a bank (in line with govt regulations and rules).
These rules specify how much interest, charges and fees to withdraw my money.
These rules also govern and mandate the banks to make my money available to me, based on the fees and charges I have committed to.

So why are the banks not fulfilling their part of the contract, and exposing me to 3rd party people I have no contractual agreement with to give me access to my money.

These 3rd party people now charge me extra fees, which is not under any govt regulations, while the banks keep the initial fees after not providing the service.

Other issue is why cant the bank (primary custodian of cash) provide cash withdrawal services, but POS operators (who are not in the cash management framework of the country) able to source for cash and provide to people almost in every corner of Nigeria

What is the cost of an ATM machine compared to the POS Machine that the banks can't be the operators of these "POS Channels" directly. This will not have extra cost of charges to the common man needing cash for daily transaction?

y are they in a hurry to start implementation on Monday, I don't want to believe all the money they made during cashless policy is finished..

help9:
Long overdue

u be pos agent I knew it

Thermodynamics:
I'm not a POS operator but things are getting expensive, transport fare and food is now expensive, many people have added price to their goods, what do you expect the POS Operators to do? How do you expect them to shoulder the inflation? They have to increase their price too.

shut up, you are a pos operator... No one care about that, stop repeating this useless statement

Pity the masses o

God1000:
Nigerians are wicked

Absolutely, we are.

Thermodynamics:


I'm not a POS operator but things are getting expensive, transport fare and food is now expensive, many people have added price to their goods, what do you expect the POS Operators to do? How do you expect them to shoulder the inflation? They have to increase their price too.

. Patronizing POS is not a priority but an option..

Tonymegabush1:
Is that so, the cashless policy last year don clear for una eyes naa

This one na suffer with Poco Lee

This one go trigger another uproar oh... God help us!!!

Me and bank ATM has reconciled

Aotoidee123:
Do not get it twisted. The cost of Maintenance,Paper Roll,Servicing the PoS terminal,Cost of fuel and other requisites stuff that warrant the increase of Service Charge. A lot of People are misquoting the aforementioned. What POS is increasing is the service Charge.

Nah compulsory to give customer receipt after transaction

Cashless policy to our rescue. Since Emefiele saga, I have learned to use bank app. If you don't take bank transfer, you can't work for me. Use these banks some people tag as Chinese bank and enjoy free and better seamless transactions. Worker in the old banks are docile. Use Opay or Kuda and you will not regret. I am talking from experience.

I don dey eye one lady wey dey come finish the money for ATM near me......
Ghen ghen.....make I catch am from Tuesday......
Na her countenance go tell una how go dey go....
Werey .....
Pharoah keeps regretting why he came before Christ (BC)

Cheating others to make healthy living seems to be the order of the day in our country now.



How fuel subsidy take affect bank transaction which will now make pod operators do this rubbish


Nawa oooo

dre11:


https://punchng.com/pos-operators-begin-implementation-of-new-service-charge-monday/?amp

I would rather go to the bank than pay anything more than 100 naira for 5k.

I refuse to buy my hard earned money.

😂😂I saw this one coming, cause they’ve tasted it once, the taste of riches many during that cashless were rich as fak.. nd now some a resetted to factory settings..what do u expect? Nigerians are always the 70% of the problem of the country than the leaders

Everybody want to cash out

Easybet1:
shut up, you are a pos operator... No one care about that, stop repeating this useless statement

Nope, I'm not a POS operator. All I said is the truth.

How? Nigerians are not wicked.
It is simply a case of a FUEL DRIVEN ECONOMY.
Goods get to the market at a high cost and people go to work at a high cost. Thus, if nothing changes like fuel dropping in price, every sector of the Nigerian economy will be affected.
Come September, parents and guardians should expect increase in school fees accross board.
The only thing for every Nigerian now is to be prepared like the motto of the scouts.

Afterall, nobody (not even the POS operator) shows his/her id card and buys food items at a cheaper rate NOR do anyone show id card to enter public transport at a cheaper rate as well.

It is well.....Just be prepared...

God1000:
Nigerians are wicked

They will vomit all the mega profit they made during the naira redesign period. But I won't blame them....God punish Emefiele!

This situation has nothing to do with Emefiele. It is simply about rising cost of goods and services.

It is funny when we blame others when we know exactly who to blame.

It is really a pity.

funshint:
They will vomit all the mega profit they made during the naira redesign period. But I won't blame them....God punish Emefiele!

illicit:
So

What's the new charges like?

500 naira for 8,000 to 10,000 withdrawal.

Fuckyoumod:
I would rather go to the bank than pay anything more than 100 naira for 5k.

I refuse to buy my hard earned money.

Don't mind them. They do not like the profit they are making. They are acting as though we don't have an option.

Hotwest:
Kill ourselves in the country because as u hold a device na.... Meanwhile the Chinese operators like Opay are even giving bonus to them and not increasing any charge plus dashing them daily cashbacks

It will favour me and my family na wetin Nigerians sabi. Chai! No wonder we are the poorest in the world . Real black mentality masses full of hatred and over religious with wickedness

they want to kill us with tax therefore
We #Nigerians should demand
@officialABAT
reduce cost of ruling with the viral #Nigeriaiswealthy on twitter
The masses suffer the brunt of fuel subsidy removal

#nigeria Senators 419 monthly expenses should be modified
We must all work together for a wealthy #Nigeria
#Is #Nigeria a slave country