Tag
POS AGENTS
Nigeria's vast Point-of-Sale (PoS) agency banking network is facing growing pressure as consumers increasingly abandon cash withdrawals in favour of direct mobile transfers, raising concerns about the long-term sustainability of thousands of PoS businesses across the country.
The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has said that the recently mandated registration of PoS operators in Nigeria is an attempt to tax more Nigerians to generate revenue for the government