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“Bring back ATMs” – Nigerian woman calls for permanent end to POS business (IMAGE)

Adijat Busari by Adijat Busari
November 13, 2024
Reading Time: 3 mins read
“Bring back ATMs” – Nigerian woman calls for permanent end to POS business (IMAGE)

Mobile Point of Sale (POS) operator counts money on Nnamdi Azikwe Street, Lagos Island, Nigeria on 6th January, 2022

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A Nigerian woman has called on the Central Bank of Nigeria to permanently shut down all POS businesses nationwide, advocating for better-equipped ATMs instead.
The woman @FakhuusHashim pleaded for the return of functional ATMs and shared her frustration with the widespread usage of POS services on Twitter (X).
She revealed that there are no ATMs located in the nation’s main public spaces, and people must pay for things through third-party point-of-sale (POS) sellers rather than directly from retailers.

She wrote,

“I need the CBN to destroy this business of POS. Bring back ATMs, wtf. It’s so bad that airports don’t have ATMs, not at malls, nowhere. I hardly ever pay cash, yet the level of disorganization this projects is shocking. We’re living with the realities of many failures, and this proliferation is part of that. Why do I need to interact with a third party I’m buying nothing from? I don’t want to do that”.

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Many opined that the POS business shouldn’t be canceled because it is a source of income for some families.

Some asserted that the business has saved people from the stress of queueing at the ATM and sometimes the machine would swallow their card and debit them without cash payment.

Below are some reactions,

@eniturn That POS is the reason why some people can feed their families and not go hungry. If the ATM is your preferred choice, use it. If it’s POS, use it. Don’t bring people down because you don’t want to pay 100 naira charges
@lavezzedout These guys have made things easier.
@thegermanedude You are just raging. The advantages outweighs the disadvantages.
@_kathiiie Please o I should be trekking to the nearest ATM or jumping bus to still go and queue when I can just go to Aunty Lola in front of my gate?

See Post Below,

Tags: @FakhuusHashimCentral Bank Of NigeriaPOS

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