PoS Transactions Reach N18 Trillion In 2024 As Fintechs Expand Terminal Deployment

The total value of transactions conducted via Point of Sale (PoS) terminals in Nigeria rises to N18 trillion in 2024, marking the highest annual record to date. Data from the Nigeria Inter-Bank Settlement System (NIBSS) confirms that this figure represents a 69% increase from the N10.7 trillion recorded in 2023. The growth is driven by … Continue reading PoS Transactions Reach N18 Trillion In 2024 As Fintechs Expand Terminal Deployment