Central Bank of Nigeria says it will intervene to resolve issues around the new charges adopted by Point of Sale operators in Nigeria.
This was disclosed to press men by the National Public Relations Officer, Association of Mobile Money and Bank Agents in Nigeria, Oluwasegun Elegbede.
Already, Point of Sale agents met with stakeholders across the country to agree on changes in transaction charges for PoS services as a result of PoS charges across Lagos, Ogun, and Edo states.
According to him, other states are working to follow in Lagos’s footsteps and increase transaction charges. On Friday June 30, the PRO, AMMBAN, Lagos Chapter, Stephen Adeoye, declared on Channels Television’s Business Morning programme, that the association has come up with a new price list for PoS agents operating in the state.
Elegbede explained that every state will not adopt Lagos’s rate but will tailor theirs to prevailing peculiarities. “Many of the states are having meetings with stakeholders as we speak. Many of our members are in communities where there are stakeholders. Many of them are having engagements with these stakeholders. They are setting up committees to ensure that it is something that is well adopted and accepted by all.”
According to him, most mobile agents in the country are members of the association, and those that are not would increase align their costs to benefit from the increase in transaction charges. He affirmed to The PUNCH that implementation of the new rates has kicked off in Lagos, and some other states have also increased their rates, albeit without much fanfare.
