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CBN To Implement New ATM Transaction Fees From March 1 - Business (3) - Nairaland

Nairaland ForumNairaland GeneralBusinessCBN To Implement New ATM Transaction Fees From March 1 (31543 Views)

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Re: CBN To Implement New ATM Transaction Fees From March 1 by 43Ronin: 2:28pm On Feb 11, 2025
After all the tribalism, so this is what yoruba had to offer? What a disgrace on a tribe that claimed sophistication. Every Nigerian will remeber that nigeria got destroyed by a natural yoruba moslem
Re: CBN To Implement New ATM Transaction Fees From March 1 by CodeTemplar: 2:28pm On Feb 11, 2025
wizelink:
Wetin remain for the minimum wage after all these increased in taxes, tariffs, etc.
FG take minimum wage and give us our good life back
I tell you. The N30k of old will buy triple of what N70k can by the time they are through with us.
Re: CBN To Implement New ATM Transaction Fees From March 1 by richmond500: 2:28pm On Feb 11, 2025
SalamRushdie:
This means POS charges will go up because it's POS guys that will still withdraw alll the money at ATMs...APC has been nothing but a curse on this country
if u read it, u will know POS charges will not go up but ATMs will be having money cos onsite ATMs will be charged while on us ATM is free.

Bye bye to multiple card
Re: CBN To Implement New ATM Transaction Fees From March 1 by CodeTemplar: 2:29pm On Feb 11, 2025
43Ronin:
After all the tribalism, so this is what yoruba had to offer? What a disgrace on a tribe that claimed sophistication. Every Nigerian will remeber that nigeria got destroyed by a natural yoruba moslem
You are a big fool sir.
Re: CBN To Implement New ATM Transaction Fees From March 1 by JustPowerApps(m): 2:31pm On Feb 11, 2025
Jaguda government cheesy
Re: CBN To Implement New ATM Transaction Fees From March 1 by SalamRushdie: 2:32pm On Feb 11, 2025
richmond500:
if u read it, u will know POS charges will not go up but ATMs will be having money cos onsite ATMs will be charged while on us ATM is free.

Bye bye to multiple card
We will come back to this , I don't think anyone in Nigeria understands ATMs and encashment like I do , I pioneered so much in the field and still currently building new solutions but let's leave it end of March and we will come back to this ...My prediction for this field are always spot on , late last year I already predicted these new ATM charges and it's here now
Re: CBN To Implement New ATM Transaction Fees From March 1 by Westman001: 2:33pm On Feb 11, 2025
Does this apply to those that use ATM at POS terminals.
Re: CBN To Implement New ATM Transaction Fees From March 1 by Johncuppa(m): 2:39pm On Feb 11, 2025
plumcomm:
Toh...I'm not sure Tinubu is aware of all these.
No cap.
This is just the kind of government Asiwaju runs and Cardoso has always been part of him. He's at liberty to hike any level.
Re: CBN To Implement New ATM Transaction Fees From March 1 by TossTos(m): 2:40pm On Feb 11, 2025
Na im be say , ATM cards will be rendered useless. Because people will want to dodge this .
Re: CBN To Implement New ATM Transaction Fees From March 1 by faceland: 2:40pm On Feb 11, 2025
Government is is like;
"How did you manage to have ₦20k in this hash economy? My friend give us our share"
Re: CBN To Implement New ATM Transaction Fees From March 1 by EndBuhariNow(m): 2:40pm On Feb 11, 2025
Tulumbu has a better plan for all of us let's give him time 🤣🤣🤣🤣 just happy all of us are suffering it together 😁
Re: CBN To Implement New ATM Transaction Fees From March 1 by michoim(m): 2:41pm On Feb 11, 2025
plumcomm:
Toh...I'm not sure Tinubu is aware of all these.
Are you kidding me, or you are simply brain-washedhuh
Re: CBN To Implement New ATM Transaction Fees From March 1 by michoim(m): 2:42pm On Feb 11, 2025
faceland:
Government is is like;
"How did you manage to have ₦20k in this hash economy? My friend give us our share"
grin grin grin
Re: CBN To Implement New ATM Transaction Fees From March 1 by Judolisco(m): 2:42pm On Feb 11, 2025
plumcomm:
Toh...I'm not sure Tinubu is aware of all these.
he is aware... Anything tax, he is definitely aware.... Dey play
Re: CBN To Implement New ATM Transaction Fees From March 1 by tsprivacy: 2:44pm On Feb 11, 2025
What and what is the government doing to better the life of people and to eradicate poverty in the land, nothing! Yet they are always taking from us. It is well!
Re: CBN To Implement New ATM Transaction Fees From March 1 by Bluntemperor: 2:45pm On Feb 11, 2025
gare:
Are the ATMs working ?
God bless you for that beautiful question ❓.
For Over a year now,I didn't step into an ATM box
Re: CBN To Implement New ATM Transaction Fees From March 1 by benjaminlawson(m): 2:45pm On Feb 11, 2025
If we talk of poverty in this country, it is government agencies and departments that are responsible for our poverty level, whenever they want to increase their service charge it won't be between 10% to 20% but minimum of 200%. Be it fuel, electricity, school fees, bank charged, JAMB fees etc, all were increased without any justification or increase in services provided. The irony of it all is that the money do go to private purse.
Re: CBN To Implement New ATM Transaction Fees From March 1 by Confirm4real(m): 2:45pm On Feb 11, 2025
Emilokan till 2031 tongue
Re: CBN To Implement New ATM Transaction Fees From March 1 by Free2Fly: 2:46pm On Feb 11, 2025
HeatSeeker:
They need to charge you more so that they can get them working grin grin grin
Just like electricity is now everywhere after tariff increase; petrol now very cheap after subsidy removal and exchange rate now very low after floating.
Re: CBN To Implement New ATM Transaction Fees From March 1 by Natbrowny: 2:46pm On Feb 11, 2025
gare:
Are the ATMs working ?
ATMs wey go sieze card ontop banks network fault
ATMs wey dey only dispense 1000naira notes. Why not all currency denomination.?
ATMs wey det always get network lag
ATMs wey na old model full most bank branches.
ATMs wey we dey use muscles press buttons, even d touchscreen types , u go dey press with slow touch response

In all dis sef. Back 2ur main question.
Are the ATMs working?
Re: CBN To Implement New ATM Transaction Fees From March 1 by EndBuhariNow(m): 2:47pm On Feb 11, 2025
PlanetZero:
Honestly let's put party aside.

Why would a person with conscience and raised well defend a government like that of Ahmed Tinubu?

Honestly howhuhhuh

Oma ga bayii oooo

These men are demonstrate. Anyway yahoo is keeping the guys busy and the ladies don't turn runs girls courtesy of this evil government of this country
they go still vote him again to pepper some tribe
Re: CBN To Implement New ATM Transaction Fees From March 1 by Aether(m): 2:51pm On Feb 11, 2025
Banks have been making mad profit in the past few years, so which operational costs are these ones talking about?
Re: CBN To Implement New ATM Transaction Fees From March 1 by HeatSeeker(m): 2:53pm On Feb 11, 2025
Free2Fly:
Just like electricity is now everywhere after tariff increase; petrol now very cheap after subsidy removal and exchange rate now very low after floating.
Exactly! wink wink wink
Re: CBN To Implement New ATM Transaction Fees From March 1 by Tonitoniton(m): 2:54pm On Feb 11, 2025
Na WA oo.

Tinubu wan use tax kill Nigeria oo

God abeg
Re: CBN To Implement New ATM Transaction Fees From March 1 by Bankowner: 2:54pm On Feb 11, 2025
Not that I support the charge, but I did pay $4.50 for withdrawing only $30 from my TD account on a CIBC ATM. The annoying thing was I have a RBC account and there is a branch less than a minutes drive from my house and I could have stopped there on my way to work but I didn't.
Re: CBN To Implement New ATM Transaction Fees From March 1 by Stevosty: 2:55pm On Feb 11, 2025
faceland:
Government is is like;
"How did you manage to have ₦20k in this hash economy? My friend give us our share"
lol, as in owo da?
Re: CBN To Implement New ATM Transaction Fees From March 1 by mankan2k7(m): 2:55pm On Feb 11, 2025
There policies are always on how to inflict more pains on Nigerians. No hope in sight. useless leaders and heartless policies makers.


Tinupoo is a tax monger.
Re: CBN To Implement New ATM Transaction Fees From March 1 by Bwilliam(m): 2:56pm On Feb 11, 2025
Arewa people's Congress - APC, has failed even themselves, the real first class Naijerians in the North.

People that should be in the bushes with their cattles are claiming that they are "Born to Rule", now they have ruled a whole country that was the second largest emerging economy, into the bushes.

Islam and it's fruits. Can anything good come out of Muslims?
Re: CBN To Implement New ATM Transaction Fees From March 1 by EndBuhariNow(m): 2:56pm On Feb 11, 2025
Nigeria is never meant to function as 1... I made a post of Facebook, before I use to do give away weekly to my lucky 10 fans , recently I made this post and said I will never help anyone directly or indirect till after 2027 election.. my reason for that... If hunger never finish us , we will never learn a thing... Check below and see the reason we are where we are today... Yorubas are the reason Nigeria never progress beyond this .. don't be suprise they will vote again and again for APC as far one of their own is there
Re: CBN To Implement New ATM Transaction Fees From March 1 by surgical: 2:57pm On Feb 11, 2025
SouthSouth1914:
Brainless fools in government!
El rufai said same thing, illiterates in power
Re: CBN To Implement New ATM Transaction Fees From March 1 by waseun007: 3:00pm On Feb 11, 2025
People are not seeing the logic here, CBN has seen their mistake of promoting POS, this would make people use the ATM so long it is 100 naira for every 20k and not 400naira that the POS guys are charging, people should think.

Is there money at the ATM, yes there is money loaded across all Terminals but POS guys will do every thing possible for you not to be able to have access to it as they monitor every machine, but the funny thing is that people gave POS power now. Think about it
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