GTBank Removes POS Processing Fees

GTBank Removes POS Processing Fees

Guaranty Trust Bank Ltd has announced the removal of processing fees on all GTBank POS terminals, reinforcing its commitment to supporting businesses with cost-effective payment solutions.This initiative, which took effect Tuesday, 11 February 2025, communicates that merchants using GTBank POS...
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CBN Warns PoS Operators, Banks Against Cash Hoarding

CBN Warns PoS Operators, Banks Against Cash Hoarding

The Central Bank of Nigeria has issued a warning against Deposit Money banks and Point of Sales (PoS) merchants over alleged hoarding of cash in the country.   A circular signed by CBN’s acting director of Corporate Communications, Hakama...
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