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PoS, mobile transactions decline, as experts blame banks

By Elizabeth Adegbesan The volume and value of transactions through Point of Sale (PoS) terminals and Mobile Interscheme transfers (Mobile phones) declined in August. Analysis of the current Electronic Payment Channels data from Nigeria Interbank Settlement System (NIBSS) showed that the volume of PoS transactions fell month-on-month (MoM) by 3.2 million or six percent to
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