When this happens, debit cards and ATM cards can offer the convenience of instant spending power or easy cash access. Savings accounts rarely include debit cards you can use for purchases ...

ATMs are possibly the worst offenders, and their fees are only rising. ATM fees reached a new high in 2024, reaching an average of nearly $5 per transaction, according to Bankrate. That’s a ...

The Central Bank of Nigeria (CBN) has reported a massive rise in point-of-sale (POS) transactions, which now outpace ATM usage by 603%. In the first half of 2024, Nigerians conducted transactions ...

Nigerians made transactions worth N85.91tn through point-of-sale terminals in the first half of 2024, a figure that is over seven times the N12.21tn recorded for ATM transactions within the same ...