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Nairaland Forum / Nairaland / General / Business / CBN Sets N50,000 As Daily Limit On Contactless Payments (50406 Views)
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Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by Primusinterpares(m): 8:39pm On Jun 28, 2023 |
What's the implications of these limits? |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by SouthSouth1914: 8:39pm On Jun 28, 2023 |
Directionless CBN 2 Likes 1 Share |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by Earlystar698(m): 8:40pm On Jun 28, 2023 |
Someone explain to me like I'm 5 |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by Angelfrost(m): 8:41pm On Jun 28, 2023 |
Another one! "Contactless" payments! A close friend told me that since Jagaban got sworn in, e come be like say all of us just dull! Person no just dey understand the Economic Jargons and Grammar CBN and co dey roll out to the press every week! Someone said the idea is to "awe and confuse" while your hard-earned dough is taken away from you! While una dey crack una brain to explain the Economic jargons, una Aza dey bleed money!!! 5 Likes 3 Shares |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by Cassandraloius: 8:42pm On Jun 28, 2023 |
They're always out of ideas. |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by Ishilove: 8:43pm On Jun 28, 2023 |
RubiesBanking:Thank you 4 Likes |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by femmy2010(m): 8:43pm On Jun 28, 2023 |
PHIPEX: Comprehension is a major problem in today's Nigeria. Very sad. 20 Likes 1 Share |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by Tradepunter2: 8:46pm On Jun 28, 2023 |
RubiesBanking: Thanks for the clarification..... I was already getting angry because I transaction above 100k daily for my projects and my workers.... They didn't explain it like the way you did 2 Likes |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by Leebeedo(m): 8:46pm On Jun 28, 2023 |
CBN hindering the velocity of money...hmmmm |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by Angelfrost(m): 8:48pm On Jun 28, 2023 |
femmy2010: No need to be condescending... Hardship don already too much! If you know better, make others that are less knowledgeable understand! Besides, Albert Einstein once said and I quote: "If you can't explain it to a six-year-old, then you don't understand it yourself” 10 Likes 2 Shares |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by CAPITALBEE: 8:48pm On Jun 28, 2023 |
May you be delivered from this well of ignorance! 🙏 I don't even think you know what contactless payment is... Talk more of really getting to know why a control has to be put in place. 🙄 Bebigiby1: 11 Likes 1 Share |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by WorldRichest: 8:49pm On Jun 28, 2023 |
Bebigiby1: If the only thing you see is APC and Tinubu, then you will weep for long. 16 years of weeping and crying. 8 years of Tinubu, then 8 years of Shettima presidency. You go don delete before 16 years due to hypertension. 15 Likes 1 Share |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by Risingsunn: 8:49pm On Jun 28, 2023 |
lonecatt:na where dem dey go be this. By the time Tinubu will be done with Nigeria, Una go dey pay to breathe 2 Likes 1 Share |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by LandMann: 8:49pm On Jun 28, 2023 |
PHIPEX: Your comment reeks of stupidity and ignorance. Do you even know what contactless payment is? 15 Likes 3 Shares |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by Reality3080: 8:50pm On Jun 28, 2023 |
PHIPEX:Oga me I don send 150 today n e go smooth n clear It’s obvious u really don’t know anything about this but u just want to criticize 15 Likes 1 Share |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by Menclothing: 8:51pm On Jun 28, 2023 |
Most people comment they don’t even read 6 Likes |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by nedekid: 8:51pm On Jun 28, 2023 |
Bidema:How? 1 Like |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by Krak(m): 8:51pm On Jun 28, 2023 |
femmy2010: Many of us are just claiming educated, meanwhile we are thoroughly unbaked. Look at people criticizing something they do not understand. Something that is supposed to be good news to most people fa. 18 Likes 1 Share |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by soles21(m): 8:52pm On Jun 28, 2023 |
This is actually good considering how dangerous contacless payment can be. I've seen alot of videos on how fraudsters steal using contactless payment so the limit is just a safety measure. 10 Likes 1 Share |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by Coronavirus1: 8:52pm On Jun 28, 2023 |
Blitzking:they are not talking of your normal account transfer. 8 Likes |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by obailala(m): 8:52pm On Jun 28, 2023 |
Leebeedo:If your really knew what contactless payment was, you'd be begging your bank to set you daily limit to N5k 10 Likes |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by nedekid: 8:52pm On Jun 28, 2023 |
LandMann:Haba, no need, just explain to him. We all learn on this forum. 1 Like |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by Illegal1(m): 8:53pm On Jun 28, 2023 |
Omoh,........abeg make person explain to me,i no understand wetin i read. which 1 be contactless payment again nah? 1 Like |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by Uwaiwe: 8:53pm On Jun 28, 2023 |
In other countries, you set contactless daily limit on your own. I love contactless payment. It saves lots of stress inputting passwords. You can even give your close friend card to make payment without revealing your password. Good policy if t will work in Nigeria. I have enjoyed that service living abroad. Its not a new thing. Though Nigeria is still in stone ages due to bad leaders 8 Likes |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by Fcwilly: 8:55pm On Jun 28, 2023 |
Everyday with new grammar |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by kaywhy09(m): 8:56pm On Jun 28, 2023 |
There is nothing wrong in limiting access for those who refuses to submit their known addresses. 1 Like |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by Benwems(m): 8:56pm On Jun 28, 2023 |
iSense247: You don’t understand. Contactless means u only bring the card close to the reader to authorize payment. 2 Likes |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by jos4kay: 8:57pm On Jun 28, 2023 |
Bidema: transfer is not contactless 1 Like |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by donproject2(m): 8:57pm On Jun 28, 2023 |
Tradepunter2: They said contactless payment, is the English used so difficult for you to decipher? 3 Likes |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by bluefilm: 8:57pm On Jun 28, 2023 |
PHIPEX: Do you even know what contactless payment really means? Everybody will just be running off their dirty mouths anyhow. Nonsense 8 Likes 1 Share |
Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by airsaylongcome: 8:58pm On Jun 28, 2023 |
LandMann: You say? |
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