GTBank's zero processing fee on all its POS terminals supports small businesses and merchants and is a cost-effective way to run a seamless business operation. Guarantee Trust Bank (GTBank) was one of ...
Merchant commerce omnichannel platform, Pine Labs announced the acceptance of digital Rupee on its PoS terminals in partnership with ICICI Bank. The technology integration “between the two entities ...
Zenith Bank Plc has integrated and launched Unstructured Supplementary Service Data (USSD) payments on Point of Sales (USSD on POS). This enables customers to pay for goods and services via POS ...
An Asian bank has started deploying the first of 26,000 Hypercom Corp. Optimum point-of-sale terminals in Indonesia, Hypercom announced Oct. 19. Hypercom calls the order a “multimillion”-dollar ...
Merchants and cardholders stand to benefit immensely from the Central Bank of Nigeria’s (CBN) new Point of Sale (PoS) policy unveiled last week. Beyond boosting convenience and security in ...
Key market opportunities in the Serbian cards and payments industry include the rise of contactless card transactions, driven by all DinaCards now featuring this functionality. Mergers like Aik Bank ...
Independent Newspaper Nigeria on MSN

Positive impact of PoS policy changes

P oint of Sale (PoS), one of the fintech products introduced by the Central Bank of Nigeria (CBN), has gained ground, if not dominance, in the financial system due to its widespread availability. To ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This initiative is in line with the Bank’s commitment to support small ...
First Data Corp. has acquired an 81% stake in ICICI Bank’s point-of-sale terminal business for US$80 million, a source from the India-based bank tells PaymentsSource.com. In March, ICICI Bank first ...
According to data sourced from the Nigeria Inter-Bank Settlement System (NIBSS), this increase translated to a hike in the value of transactions for the period which grew to ₦1.1 trillion, the highest ...
In a bid to ensure uninterrupted and efficient transactions for users of foreign-issued payment cards across Nigeria, the Central Bank of Nigeria (CBN) has directed banks and non-bank acquirers to ...