CBN Gives New Directives To POS Service Providers

The Central Bank of Nigeria (CBN) has issued a new directive requiring all Payment Service Providers to route Point of Sale (PoS) transactions through authorized CBN Payment Terminal Service Aggregators (PTSAs). The new rule, which is set to take effect within 30 days, aims to enhance the tracking of electronic transactions and decentralize PoS transaction … Continue reading CBN Gives New Directives To POS Service Providers