CAC’s Insistence On Registration Of POS Operators …C0NTINUE READING HERE >>>
To curb the use of banking agents popularly known as POS operators for fraud and ransom collection in the country, the Corporate Affairs Commission (CAC) had earlier this year issued a two-month registration deadline for POS companies, to register their agents, merchants, and individuals with the commission in line with legal requirements and the directives of the Central Bank of Nigeria (CBN).
According to report by the Nigeria Inter-Bank Settlement System (NIBSS) Plc, POS terminals…
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