CAC Registration of POS Operators – Eliminating Payments Fraud
The CAC recently introduced a regulation aimed at curbing financial fraud in Nigeria’s financial services sector, especially as carried on using POS operators. Under this new mandate, POS operators are required to register with the CAC to carry on business in Nigeria. Read this week’s #TMTThursdaybyDOA article to learn how CAC registration for all POS operators aims to enhance transparency, security, and integrity in financial transactions.
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