Report: POS operators lament as poor network, failed transactions slow down business | TheCable

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Point of sale (POS) operators and traders in Lagos have appealed to the Central Bank of Nigeria (CBN) and telecoms companies to ensure uninterrupted service.

across all channels by individuals and corporate organisations to N500,000 and N5 million, respectively.Recounting his experience, Divine Pataya, a trader in Oshodi Market, Lagos, said with the new policy and network disruptions, he did not think that he could continue with the business.

Uchechi Tunji, another operator, said several times, money had been wrongly deducted from her account through POS. “The problem is that when customers pay with POS, the receipts will be printed out and handed to them.

 

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