How to Start Your POS Merchant Business in Nigeria?

UsmanMehmood503

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Today, almost every street in Nigeria has a POS store where you can conduct various types of transactions. POS stands for Point of Sales and has become a common and profitable business in Nigeria. And, like any upcoming venture, everyone wants to be a part of it.

So, what should you know before starting a POS business in Nigeria?

POS Business in Nigeria

POS business came to Nigeria in 2013. This is because CBN (Central Bank of Nigeria) introduced an agent banking system that year. As a result, it has paved the way for the general availability of all financial-related services, especially in unbanked areas of Nigeria.