PoS Operators Increase Withdrawal, Deposit Fees as Fintechs Begin N50 EMTL Charges

PoS Operators Increase Withdrawal, Deposit Fees as Fintechs Begin N50 EMTL Charges …C0NTINUE READING HERE >>>

PoS operators have adjusted their withdrawal and deposit charges following new EMTL chargesThe federal government ordered Moniepoint, Palmpay, and other fintech companies to charge N50 on customers’ accounts for every N10,000 depositThe fintech sector processed transactions worth N46.91 trillion in 2023, and the amount has been growing every year

Henzodaily.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy,…

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