From EMTL to ATM: Multiple charges cast shadows over Nigeria’s financial inclusion efforts
Experts in the financial industry are worried that the implementation of multiple charges on financial transactions could reverse the gains ...
Tag: ATM
News and analysis about ATM
CBN ends three free monthly ATM withdrawals for customers using other banks’ ATMs
The Central Bank of Nigeria (CBN) has announced a major revision to its Automated Teller Machine (ATM) transaction fees, effectively ...
Cash withdrawal chaos frustrates Nigerians as ATMs fail and POS operators struggle
Frustrations continue to rise among Nigerians as they face persistent challenges accessing cash due to limits on ATM withdrawals and ...
Nigerians grapple with high PoS charges as banks’ ATMs remain empty
A few hours to the end of 2024, many Nigerians are now at the mercy of Point of Sales (PoS) ...
EFCC accuses Banks and POS operators of colluding to limit ATM cash availability
The EFCC has accused banks of colluding with POS operators to limit cash availability at ATMs
ATM usage among Nigerians drops by 30% in 2023- KPMG report
A new report from KPMG reveals that weekly ATM usage among Nigerians dropped from 70% in the past few years ...
EFCC reveals new ATM and debit card fraud
The Economic and Financial Crimes Commission (EFCC) has alerted Nigerians on the rate of unauthorized withdrawals through Automated Teller Machine (ATM) from ...
CBN revises timelines for resolution of dispense errors, refund complaints
The apex bank said this is in line with its resolve to enhance the quality of service bank customers are ...
CBN slashes ATM withdrawal fee, others, imposes N2 million fine on Banks
The Central Bank of Nigeria (CBN) has slashed withdrawal fees usually charged after the third withdrawal from Automated Teller Machines. ...
Konga unveils new USSD features, ATM card-less initiative
Konga has unveiled its cardless initiative tool for withdrawal and new USSD features to ease transactions for its numerous customers.
