CBN mandates Moniepoint, OPay, PalmPay, others to geotag 4.2 million PoS terminals in 60 days


The CBN has ordered Moniepoint, OPay, PalmPay and others to geo-tag 4.2 million PoS devices within 60 days, restricting use to a 10-metre radius of merchants’ locations or face shutdown


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CBN mandates Moniepoint, OPay, PalmPay, others to geotag 4.2 million PoS terminals in 60 days

The CBN has ordered Moniepoint, OPay, PalmPay and others to geo-tag 4.2 million PoS devices within 60 days, restricting use to a 10-metre radius of merchants’ locations or face shutdown

Read Full Story

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