The
Central Bank of Nigeria (CBN) said the reintroduction of the Automated Teller
Machine (ATM) charges has pushed up the usage of other payment channels in the
financial services sector.
Consequently,
Point of Sales (PoS) transaction increased by 20.59 percent from N23.346
billion in August 2014 to N28.154 billion in October 2014. Also there has been
