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…
Stakeholders’ to meet next month on how to deepen PoS penetration
In the drive for digital banking and seamless transactions, Point of Sale (PoS), ATM and transfers using mobile phones are key models, but in recent times, their usage is dropping, especially the PoS. Accordingly, the Managing Director, Global Accelerex Limited,…