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Today: November 13, 2024
September 12, 2024
1 min read

CBN directs payment service providers to begin PoS transaction tracking

Tribune Online
CBN directs payment service providers to begin PoS transaction tracking

The Central Bank of Nigeria (CBN) has mandated all Payment Service Providers to route transactions from Point of Sale (PoS) terminals—both physical and electronic—through an approved CBN-licensed Payment Terminal Service Aggregator (PTSA). This directive is part of the CBN’s effort to enhance the monitoring and decentralisation of electronic transactions across Nigeria, addressing concerns about the […]

CBN directs payment service providers to begin PoS transaction tracking
Tribune Online

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