PoS terminals deployed in Nigeria rises to 1.8 million

When compared with the number of deployed terminals last year, the latest figures indicate an increase of 75% showing there has been a steady spike in PoS deployment across the country.

As of March 2022, the number of deployed PoS terminals stood at 1.04 million and with the increase witnessed one year later, it shows that 776,089 new PoS terminals were deployed in the last 12 months.

The rate at which PoS terminals are being deployed recently can be traced to its high adoption rate in Nigeria as many youths have turned to the business as a source of employment.