CBN Issues 30-Day Deadline for Payment Service Providers to Comply with New PoS Transaction Rules
The Central Bank of Nigeria (CBN) has issued a 30-day deadline for Payment Service Providers (PSPs) to align with new regulations aimed at improving the tracking of Point of Sale (PoS) transactions. This directive, announced on September 11, 2024, is designed to enhance the security of electronic payments in Nigeria by ensuring all PoS transactions […]