CBN extends PoS geo-fencing deadline again, expands operating radius to 70 metres

The Central Bank of Nigeria (CBN) has granted Point of Sale (PoS) operators and payment service providers additional time to comply with its geo-fencing framework, extending the enforcement deadline to August 1, 2026. In a move expected to affect millions of transactions across Nigeria’s digital payment ecosystem, the apex bank also increased the permissible geo-fence […] The post CBN extends PoS geo-fencing deadline again, expands operating radius to 70 metres appeared first on CrispNG.

  News   May 31, 2026   0   8  Add to Reading List
CBN extends PoS geo-fencing deadline again, expands operating radius to 70 metres

The Central Bank of Nigeria (CBN) has granted Point of Sale (PoS) operators and payment service providers additional time to comply with its geo-fencing framework, extending the enforcement deadline to August 1, 2026. In a move expected to affect millions of transactions across Nigeria’s digital payment ecosystem, the apex bank also increased the permissible geo-fence […]

The post CBN extends PoS geo-fencing deadline again, expands operating radius to 70 metres appeared first on CrispNG.

Read Original   

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow