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Court awards N500,000 against Polaris Bank over failed N61,000 POS transaction

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Akwa Ibom State High Court has awarded N500,000 damage against Polaris Bank over its failure to reverse a failed point of sales (POS) transaction...

Kate Henshaw cries out over POS charges

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Nollywood actress Kate Henshaw has cried out over the Point of Sale (POS) charges in Nigeria. The 50-year-old in a Twitter post on Monday questioned...

Police investigate officers with POS device demanding ATM card

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Police say they have begun investigating the incident of a man in police uniform holding a Point of Sale (POS) device and demanding the...

FG abolishes N50 POS charge

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The Federal Competition and Consumer Protection Commission (FCCPC) has stopped the additional N50 charge imposed on transactions conducted through Point of Sales (POS) terminals. This...

UBA contactless cards hit industry high of three million

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United Bank for Africa (UBA) Plc has recorded a milestone in the Nigerian e-Banking space with the issuance of over three million Near Field...

UBA, MEC launch revolutionary payment system EmailMoni

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Pan-African financial services group, United Bank for Africa, has entered into agreements with MEC, Inc. to provide a revolutionary email-based billing, payment and banking...