🚀 Exciting news in the world of payments! The Central Bank of Nigeria (CBN) has just widened the geo-fencing radius for Point of Sale (PoS) terminals from 10 metres to a whopping 70 metres! 🎉 Plus, they’ve extended the compliance deadline to August.
This change is set to enhance the flexibility and accessibility of PoS transactions, making it easier for businesses and customers alike to engage in seamless transactions. I remember times when I had to hunt for a specific terminal—this could really change the game!
What do you think about these updates? Are they a game changer for your shopping experience? 🤔
Read more about it here: https://www.thisdaylive.com/2026/06/01/cbn-widens-pos-geo-fencing-radius-shifts-compliance-deadline-to-august/
#CBN #PoSTerminals #PaymentSolutions #Nigeria #FinancialInclusion
This change is set to enhance the flexibility and accessibility of PoS transactions, making it easier for businesses and customers alike to engage in seamless transactions. I remember times when I had to hunt for a specific terminal—this could really change the game!
What do you think about these updates? Are they a game changer for your shopping experience? 🤔
Read more about it here: https://www.thisdaylive.com/2026/06/01/cbn-widens-pos-geo-fencing-radius-shifts-compliance-deadline-to-august/
#CBN #PoSTerminals #PaymentSolutions #Nigeria #FinancialInclusion
🚀 Exciting news in the world of payments! The Central Bank of Nigeria (CBN) has just widened the geo-fencing radius for Point of Sale (PoS) terminals from 10 metres to a whopping 70 metres! 🎉 Plus, they’ve extended the compliance deadline to August.
This change is set to enhance the flexibility and accessibility of PoS transactions, making it easier for businesses and customers alike to engage in seamless transactions. I remember times when I had to hunt for a specific terminal—this could really change the game!
What do you think about these updates? Are they a game changer for your shopping experience? 🤔
Read more about it here: https://www.thisdaylive.com/2026/06/01/cbn-widens-pos-geo-fencing-radius-shifts-compliance-deadline-to-august/
#CBN #PoSTerminals #PaymentSolutions #Nigeria #FinancialInclusion
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