Card swipe machines, also known as point-of-sale (POS) terminals, are electronic devices that allow businesses to accept ...

Digital payment company, Moniepoint is testing a new point-of-sale (PoS) that combines payment and transaction processing ...

Understanding credit card swipe charges is crucial for users to manage costs effectively. These fees, determined by card ...

According to the Fraud and Forgeries Report in Nigerian Banks for the first quarter of 2024 by FITC, POS fraud cases surged by 31.12 per cent in Q1 2024. In Q4 2023, there were 2,683 reported cases of ...

New data shows that the number of Point-of-Sale terminals registered in Nigeria ... has revealed that the number of Point of Sale (PoS) machines deployed by merchants and individuals across ...

There’s a wide range of options out there – from free POS apps and low-cost card readers to advanced software and high-end countertop terminals. What are the main costs? Generally, the cost of a POS ...

Union Bank has commenced the implementation of a daily withdrawal limit on point-of-sale (PoS) terminals. The implementation ...

Doyle Ledford, Senior Vice President of Posiflex About Posiflex Since 1984, Posiflex has designed and manufactured award-winning POS terminals and peripherals. Posiflex has since grown ...

A point-of-service (POS) terminal, which allows card use ... I was very glad I didn’t have an expensive card machine there." The process may vary from one app to another but, generally, here's ...

In line with CBN directives, please note that effective immediately, the daily withdrawal limit on PoS is now N100,000, while ...

There are indications that banks have begun the implementation of a daily withdrawal limit of N100,000 and a weekly limit of N500,000 on Point-of-Sale terminals.