Electronic payments to soar as banks’ enforce N150,000 cheque cash limit
Strong indications have suggested that the speed with which the Nigerian economy is adapting to cashless economy will soar going forward as all commercial banks have started the enforcement of dishonouring cheques with face values exceeding N150,000. Checks at some…
Why Nigeria ranked 7th on PoS transactions in Africa, S/Africa, Ghana lead
Poor enlightenment, fear of loss of money, power epilepsy, inefficient network services and deliberate hatred have been adduced by experts as the major reasons discouraging Nigerians from making payments for goods and services using point of sale (PoS) platform. A…
