POS means Point of Sales, it's used in Supermarkets for people that want to pay using their Debit or credit cards. Nigerians have to turn POS machines into business in which the Agent will use your POS to withdraw from your account and give you cash. There is no street in Nigeria that you won't see a POS Agent that you can just withdraw money instead of going to the bank to withdraw money. POS business has reduced stress and increased the fraud rate in Nigeria.
We now have an Android POS in town that has all the features of android phones, it has memory to store data, it has wireless to connect to the internet to browse, and it has space where you will put your ATM card to perform transactions.
Important information for all people that withdraw from POS Agent that use Android POS
Please before you insert your ATM card into any POS machine, check the name of the company that provided the POS, if no name is written on the body of the POS machine, don't use your ATM card on it.
Android POS machine has storage to store your debit or credit card details, if you don't trust the Agent, please don't use your ATM card on his POS machine.
Note that Android POS will not give you a transaction receipt, no evidence of transaction you can take to the bank if the POS Debits your account.
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