POS Operators Spotted Hawking Cash at Lekki Lagos
According to TheGuardian Newspaper, POS operators have been spotted in the Lekki area of Lagos State hawking new Naira notes as bank customers lament their inability to withdraw cash from ATMs.
A few months after most banks claimed to have upgraded their digital infrastructure to serve their customers better, their services have deteriorated with users experiencing what appear to be the worst offerings seen so far.Sadly, over-the-counter (OTC) services have not offered any solace with most banks restricting cash withdrawal per transaction to N10,000.
This has triggered another round of cash scarcity across the country, pushing up agent banks’ charges by as much as 100 per cent or more in some cases.
These rising challenges come barely 15 days to Christmas and just when the Central Bank of Nigeria (CBN) warned that it would begin to sanction banks that have failed to upscale their capacity to service the fast-growing population of online banking customers.
