Tag
ATM
News and analysis about ATM
Experts in the financial industry are worried that the implementation of multiple charges on financial transactions could reverse the gains the country has recorded in its financial inclusion drives.
The Central Bank of Nigeria (CBN) has announced a major revision to its Automated Teller Machine (ATM) transaction...
Frustrations continue to rise among Nigerians as they face persistent challenges accessing cash due to limits on ATM withdrawals and Point-of-Sale (POS) operations.
A few hours to the end of 2024, many Nigerians are now at the mercy of Point of Sales (PoS) operators as most banks' Automated Teller Machines (ATMs) across Lagos metropolis remain empty.
The EFCC has accused banks of colluding with POS operators to limit cash availability at ATMs
A new report from KPMG reveals that weekly ATM usage among Nigerians dropped from 70% in the past few years to 40% in 2023.
The Economic and Financial Crimes Commission (EFCC) has alerted Nigerians on the rate of unauthorized withdrawals through Automated Teller...
The apex bank said this is in line with its resolve to enhance the quality of service bank customers are given. Nigerian banks are, therefore, required to implement the revisions starting from June 8, 2020.
The Central Bank of Nigeria (CBN) has slashed withdrawal fees usually charged after the third withdrawal from Automated Teller Machines. The new directive is contained in the new Guide to Bank Charges released on Sunday
Konga has unveiled its cardless initiative tool for withdrawal and new USSD features to ease transactions for its numerous customers.
The use of cash and cheques are becoming a thing of the past in Nigeria.
The National Bureau of Statistics (NBS) has released the Selected Banking Sector Data for Q3 2018.