‘PoS business has taken over the the essence of ATM machines. A lot of people now prefer to get money from the PoS agent nearby rather than worry about going to the ATM which may not give money ...

ATM usage drops as POS agents handle N223tn 1h P oint of Sale terminals handled transactions worth N223.27tn in 2024, representing a significant increase from the N110.35tn recorded in 2023.

Attacks using ATM or PoS malware are on the rise again in 2022 after the COVID-19 lockdowns. Image: weerapat1003/Adobe Stock A new report from Kaspersky sheds light on the 2020-2022 ATM and Point ...

Bitcoin ATM scams are rising fast. Learn how they work, who they target, and what you can do to protect yourself before money ...

Nigerian POS transaction value hit N223.27tn in 2024, a massive increase from 2023. Discover the reasons behind the ATM usage decline and the rise of digital payments.

Protect yourself from jugging, the rising crime by which thieves monitor ATM users and follow them to steal cash, with six practical safety tips to stay alert and secure.

He disclosed that: “Outright PoS machine (smart version) purchase costs N110,000 while the button version costs N65,000; lease costs N45,000 for smart version, while the button brand costs N25 ...

Di maximum cash withdrawal per week for Automated Teller Machine, ATM go be N100,000 but e dey subject to maximum of N20,000 cash withdrawal per day. Only denominations of N200 and below na im dem ...

In contrast, ATM transactions dropped in value from N14.63tn in 2023 to N12.21tn in 2024, a 16.6 per cent decline, while their volume also fell slightly, from 519.52 million to 496.43 million.

Always use your hand to shield the keypad while entering your PIN at the ATM or POS machine. This basic step can thwart prying eyes and potential skimming devices. 2 / 10.

“First and foremost, the purpose of ATM machines and POS are meant to serve the unbanked communities where banks are not available. But nowadays, one sees POS operators near banking premises.