The value of transactions through Point of Sale (PoS) terminals in the country rose to N18.10trillion between 2017 and 2021Breakdown of the data shows that transactions through PoS terminals, which stood at N1.41trillion in 2017, increased to N2.32trilion in 2018.
Financial Derivatives Company Limited had predicted that the figure is likely to increase to N7.83trillion this year.
It also indicates that the total number of PoS terminals deployed in the industry jumped by 99.33percent to 915.519 in December, last year, from 459.285 in December 2020.
– New Telegraph