POS agents use POS terminals to accept customer payments with a debit or credit card. While they improve sales efficiency, customers might face failed transactions thanks to network downtime or a system malfunction. The ability to monitor failed transactions helps to maintain financial records, improve operational efficiency and provide better customer service. If a customer
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POS agents use POS terminals to accept customer payments with a debit or credit card. While they improve sales efficiency, customers might face failed transactions thanks to network downtime or a system malfunction. The ability to monitor failed transactions helps to maintain financial records, improve operational efficiency and provide better customer service. If a customer
264The Central Bank of Nigeria (CBN) released a circular to banks and financial institutions stating its amendment to Know Your Customer (KYC) procedures. The amendment is part of an effort to strengthen KYC procedures and promote financial system stability. Below, we will explain what this means for bank account owners and how to navigate it.
The Central Bank of Nigeria (CBN) released a circular to banks and financial institutions stating its amendment to Know Your Customer (KYC) procedures. The amendment is part of an effort to strengthen KYC procedures and promote financial system stability. Below, we will explain what this means for bank account owners and how to navigate it.
