ATM transaction fees are a costly and inconvenient feature in an industry that doesn’t take credit cards. Could ...
The CBN governor has defended the recent hike in ATM transaction fees, explaining that it is in the interest of the customers ...
Experts in the financial industry are worried that the implementation of multiple charges on financial transactions could reverse the gains ...
However, South Africa’s biggest bank by customers, Capitec, has bucked the trend by opening almost double the number of ATMs ...
German Girocards were used around 7.9 billion times in 2024. Austrian ATM cards are used more than twice as often.
An investigation has been launched after concerns were raised at how a ‘cashless society’ was impacting on older folk in ...
As the Central Bank of Nigeria continues to drive the vision of a cashless economy, Nigerians appear to be resorting to POS ...
Bank customers in Nigeria have criticized the recent upward review of Automated Teller Machine (ATM) withdrawal charges by the Central ...
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 banking, ...
In a circular reflecting the same date, the apex bank directed all banks and financial institutions to implement new ATM withdrawal charges from 1 March 2025.
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