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
Tag: ATM
News and analysis about ATM
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.
Nigerians are falling More in Love with Digital Payment Systems
The use of cash and cheques are becoming a thing of the past in Nigeria.
This payment channel had the highest value of transaction in Q3 2018
The National Bureau of Statistics (NBS) has released the Selected Banking Sector Data for Q3 2018.
What to do if your debit card is stuck in an ATM
Despite its success over the years, the Automated Teller Machine (ATM) technology, has been subject to improvement, as banks focus ...
What payment sytems Nigerians used the most in 2016
Nairametrics| Mobile, Internet and POS transactions in Nigeria remained on a growth path in 2016 despite the recession and the ...
