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Mandatory geo-tagging of PoS terminals: Boosting payment transparency, tackling e-fraud
Many Point-of-Sale (PoS) terminal operators often move their devices across locations or operate in unregistered areas, making it difficult to trace illicit activities. Geo-tagging closes this ...
In the last decade or thereabouts, not many businesses in the country have boomed the way that Point of Sales (PoS) vendors ...
Game day doesn’t start at the stadium. It starts on Main Street. In the corner bar where fans huddle for the pregame. At the bakery that decorates cookies in team colors. In the barbershop where ...
The Central Bank of Nigeria (CBN) has rolled out a new Point of Sale (PoS) geotagging policy in a move aimed at ensuring ...
Tribune Online on MSN
CBN’s PoS geo-tagging policy set to curb fraud, deepen trust in e-payments —Experts
Economic experts have endorsed the Central Bank of Nigeria’s (CBN) directive mandating the geo-tagging of all Point-of-Sale (PoS) terminals nationwide, describing it as a bold step that will ...
To strengthen this ecosystem, the apex bank recently unveiled new e-payment guidelines: “Migration to ISO 20022 Standard for Payment Messaging and Mandatory Geo-Tagging of Payment Terminals.” The ...
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The CBN has mandated that all PoS terminals must be geo-tagged within 60 days, as non-compliant terminals will no longer be allowed to operate from October 20, 2025. CBN has ordered the geo-tagging of ...
Di Central Bank of Nigeria [CBN] don give directive wey make am compulsory for all Point of Sale [PoS] terminals for di kontri to tag dia location within 60 days. According to di highest bank for ...
The Central Bank of Nigeria (CBN) has mandated the geo-tagging of all Point of Sale (PoS) terminals across the country as part of fresh measures to strengthen oversight and curb fraud in the ...
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