A group of brazen suspects were seen pointing assault rifles in the face of a cash-in-transit guard before making off with ...
To relieve banks of the burden of operating automated teller machines (ATMs) and handling cash, the Central Bank of Nigeria (CBN) has imposed new withdrawal charges on consumers who use this option.
However, South Africa’s biggest bank by customers, Capitec, has bucked the trend by opening almost double the number of ATMs ...
As the Central Bank of Nigeria continues to drive the vision of a cashless economy, Nigerians appear to be resorting to POS ...
The traditional process of accessing cash has always been a hassle, especially when it comes to finding an ATM in both busy cities and remote rural areas. ZPE, a pioneering leader in digital finance ...
The Central Bank of Nigeria, CBN, has said that its decision to increase charges on cash withdrawals from ATM of other banks was needed to incentivise banks to ensure improved access to cash at the ...
Nigeria is a cash-driven economy. Yet, today, when cash is needed, the default option isn’t the bank’s ATM but the nearest Point-of-Sale, POS, agent. ATMs, once the backbone of convenience ...
there is also the daily logistical nightmare posed by the act of moving cash to the various dispensing points around. Reports of banks shutting down a good number of their ATMs, especially those ...
Nigerians will pay higher charges on cash withdrawals as the Central Bank of Nigeria (CBN) has introduced new ATM charges for ...
It said nine in 10 people still live within 1km of a free cash access point (an ATM, post office or banking hub). In 2024, the Financial Conduct Authority (FCA) introduced new rules to protect ...
The SASSA is a government organization responsible for administering social grants to eligible South African citizens. SASA ...
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