Point of Sales transactions hit a record high of 4.6trillion in the first seven months of 2022. It represents a 29.3% increase if compared to 3.56trillion recorded in 2021.

The increase in volume and value had resulted to a reduction in cash payments which reflects the growth of online shopping in Nigeria.Notably, the volume and value of cheque transactions dropped in the same period.In the month of July 2022, POS transactions stood at N724.7billion, almost a tripple since 2018 when it was 1.2trillion.

Report from Nairametrics revealed that transactions worth 204.5 trillion were performed electronically in Nigeria between January and July 2022 through Nigeria Interbank settlement systems,(NIBSS ) instant payment. It represents a 40% increase compared to 145.8trillion recorded in the same period of previous year.

This post people are making money ooh
How can you be collecting 100 naira for 1000 naira
Is that fair??

Imaginations

blazingblender:
This post people are making money ooh
How can you be collecting 100 naira for 1000 naira
Is that fair??

Asin! The thing just tire me. I prefer to carry my 2 left legs go ATM Machine

Unzerious:


Asin! The thing just tire me. I prefer to carry my 2 left legs go ATM Machine

that’s if u have a bank nearby n d queue is not always much

BATified2023:
that’s if u have a bank nearby n d queue is not always much

It isn't far neither is it close but....Jumping Queues is my hidden talent

Unzerious:


Asin! The thing just tire me. I prefer to carry my 2 left legs go ATM Machine

100 naira is not that much if ATM mistakenly swallow your card you go fill form, do the talking wast time it's better I dash them the 100