POS operators set to raise charges over 50% telecom tariff hike

TRIBUNE

Point-of-Sale (POS) operators in Nigeria may soon increase service charges following the Federal Government’s approval of a 50% hike in telecommunications service tariffs.

The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) disclosed this development, citing the impact of the tariff hike on their operations.

Ogungbayi Ganiyu, AMMBAN’s National Public Relations Officer, explained that mobile money agents rely heavily on telecom services, particularly data, for their transactions.“The telecom tariff hike will impact the operations of our members. I am afraid this may also have a multiplier effect on service charges,” Ganiyu said.

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