Despite several challenges confronting Point of Sales (PoS) businesses in Nigeria, transactions on the various terminals climbed to N735.6 billion in September 2022, according to data from the Nigeria Inter-Bank Settlement System ..
Despite several challenges confronting Point of Sales businesses in Nigeria, transactions on the various terminals climbed to N735.6 billion in September 2022, according to data from the Nigeria Inter-Bank Settlement System .
NIBSS said the volume of transactions on PoS went up as it increased by 14 per cent year on year to 100.4 million in September 2022. The massive adoption by merchants for receiving payments has contributed to the growth of PoS transactions in Nigeria.
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