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Vanguard Money Digest

Buying, selling shares from your mobile device

Technology is fast changing the way we live and the way things are done. In fact, every sector is feeling the disruptive effect of technology and those who are slow to adapt to the changes are left behind in the evolution.

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PoS Terminals : For a better user experience

Card payments on Point of sale (PoS) terminals in Nigeria have grown in volume from a paltry 5,000 monthly volume in 2011 to 30 million as at November 2018, all thanks to the success of the Cashless Nigeria initiative launched by the Central Bank of Nigeria, CBN, and all banks in Nigeria in 2011. About seven million cards made the 30 million card payments out of an estimated 40 million active cards in circulation in Nigeria; other cards were generally used on Automatic Teller Machines (ATM).

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