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  2. Cash-less Nigeria - Wikipedia

    en.wikipedia.org/wiki/Cash-less_Nigeria

    Cash-less Nigeria is a policy established in the year 2012 by the Central Bank of Nigeria to curb excesses in the handling of cash in the Nigerian federation. It prescribed a cash handling charges on daily withdrawal above five hundred thousand Naira (N500,000.00) for individuals and three million Naira for corporate bodies (N3, 000,000.00).

  3. Interswitch - Wikipedia

    en.wikipedia.org/wiki/Interswitch

    Interswitch is a leading African integrated payments and digital commerce platform company headquartered in Lagos.Founded in 2002 in Nigeria, as a transaction switching and processing company with national focus, Interswitch progressively evolved to incorporate consumer financial services with the successive launches of Quickteller, a retail payments ecosystem linking merchants and billers ...

  4. BancNet Payment System - Wikipedia

    en.wikipedia.org/wiki/BancNet_Payment_System

    The BN POS terminal may now be used to authorize cash withdrawals at key merchants like M. Lhuillier, a local pawnshop with over 1,000 locations nationwide. Cardholders will be charged P10.00 for every withdrawal; the merchant-partner may also impose an additional "convenience fee" for the transaction.

  5. EFTPOS - Wikipedia

    en.wikipedia.org/wiki/EFTPOS

    There is no additional cost to the merchant in providing cash out because banks charge a merchant a debit card transaction fee per EFTPOS transaction, [7] and not on the transaction value. Cash out is a facility provided by the merchant, and not the bank, so the merchant can limit or vary how much cash can be withdrawn at a time, or suspend the ...

  6. Payment terminal - Wikipedia

    en.wikipedia.org/wiki/Payment_terminal

    PAX Technology S90 credit card terminal with a Visa card inserted.. A payment terminal, also known as a point of sale (POS) terminal, credit card machine, card reader, PIN pad, EFTPOS terminal (or by the older term as PDQ terminal which stands for "Process Data Quickly" [1]), is a device which interfaces with payment cards to make electronic funds transfers.

  7. Best balance transfer cards with no balance transfer fee - AOL

    www.aol.com/finance/best-balance-transfer-cards...

    It charges few fees, including no annual fees and no foreign transaction fees. Like many credit union cards, it has a low ongoing APR after the intro period. Red circle with an X inside.

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