Tag: #CashlessEconomy
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POS AGENTS BECOME KEY FINANCIAL SERVICE HUBS IN GWAGWALADA
For many residents of Gwagwalada Area Council in the FCT, Point of Sale (POS) agents have become an essential part of daily banking and financial transactions. A survey by the News Agency of Nigeria (NAN) found that residents increasingly rely on POS operators for cash withdrawals, transfers, bill payments, airtime purchases, and other financial services.…
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DIGITAL PAYMENTS LIGHT UP NIGERIA’S NIGHTLIFE
Moniepoint study reveals cash is fading as bars, clubs embrace digital transactions. A recent study by Nigerian fintech Moniepoint shows digital payments are now driving Nigeria’s nightlife economy, with bank transfers and card payments topping transactions at bars, clubs, and informal community venues. Cash is on the decline, largely due to security concerns. The report,…
