Hike In Terminal Charge By Opay, Moniepoint Is Turning POS Business Into Unattractive Venture—Operators

The new terminal charges imposed by fintech like Opay and Moniepoint Inc. and the high cost of operation have turned the Point of Sales (POS) business which was very lucrative a few months ago into an unattractive venture.

In Nigeria, millions of people survive and feed their dependents with the proceeds from POS business.