PoS agents in Lagos increase charges for withdrawal, transfer

Residents of Lagos State will soon start to pay more for withdrawal and transfer of money through Point of Sale {PoS}, the Lagos State chapter of the Association of Mobile Money and Bank Agents in Nigeria have resolve to charge customers N500 for N10,000 cash withdrawals.

This was disclosed by the Public Relations Officer of AMMBAN in Lagos, Stephen Adeoye, who announced the new charges while speaking of Channels Television on Friday.

According to him, the association’s price list is to eradicate price discrepancies in the industry.