HomeNewsPOS agents consider hike in service charges

POS agents consider hike in service charges

Date:

Related stories

2027 election is Nigerians versus Tinubu – Atiku

Former Vice President Atiku Abubakar has disclosed that the...

Dauda Kahutu Rarara marries Aisha Humaira in Maiduguri

Renowned political praise singer Dauda Kahutu Rarara has married...

KAROTA officer dies after being pushed off moving truck in Kano

A 35-year-old officer of the Kano Road Traffic Agency...

NNPP mocks Kawu Sumaila, calls him “stubborn boy” after defection

The Chairman of the New Nigeria Peoples Party (NNPP)...

Gov Yusuf signs laws to establish four new agencies in Kano

Kano State Governor, Alhaji Abba Kabir Yusuf, has signed...
spot_img

The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has raised concerns that Point-of-Sale (POS) operators may be forced to increase their service charges following the Federal Government’s approval of a 50 percent hike in telecommunications tariffs.

Ogungbayi Ganiyu, the National Public Relations Officer of AMMBAN, disclosed this during an interview on Monday.

READ ALSO: CBN sets N1.2m daily limit for PoS agents

He highlighted that the tariff increase directly affects their operations, which heavily rely on telecom services, especially data.

“The telecom tariff hike will impact the operations of our members. I am afraid this may also have a multiplier effect on service charges,” Ganiyu said, adding that members are yet to convene a meeting to deliberate on the development.

He also hinted that Point-of-Sale (POS) operators might initially absorb the increased costs, but the long-term effect on service charges cannot be ruled out.

Meanwhile, the National Association of Telecoms Subscribers has announced plans to take legal action against the Federal Government over the tariff hike. The last time telecom tariffs were increased in the country was in 2013.

Subscribe

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here