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Before You Start A POS Business In Nigeria This Year, Read This Guide

The POS Business can also be called agent banking business in Nigeria. The business started in 2013 after the Central Bank of Nigerian (CBN) released the guidelines of operation are managing the business in Nigeria. Since then, the business has thrived to sustain its potentials and removing millions of Nigerians out of poverty.

Before you start this business in Nigeria, you must own an existing business or running something that brings money into your pocket. You will be responsible for daily transactions from thousands of customers mostly those who are unable to locate a bank. Transactions like withdrawals, deposit, customer inquiries, bills payments and a host of other things will require your services.

The business thrives more rural areas, and semi urban areas and mostly outskirts areas. As a third party agent, you will be equipped by banks with all the necessary equipments. You can start this business if you already have an existing business that brings you cash daily.

Content created and supplied by: TariqOboh (via Opera News )

CBN Central Bank of Nigerian Nigeria POS Business


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