Despite recent criticisms of plans to increase the price of service charges, the Association of Mobile Money and Bank Agents in Nigeria has said current economic conditions have not prompted point-of-sale operators to reconsider their plans to implement the new framework starting next Monday.

This was as it indicated plans to extend the implementation of the new price range to the Federal Capital Territory and other states.

The PUNCH reported that in June 30, the PRO, AMMBAN, Lagos Chapter, Stephen Adeoye, in an interview, said the association had come up with a new price list for PoS agents operating in the state.

Justifying the increase in prices, he said PoS agents were adjusting their prices to reflect the country’s current economic realities.

Read the complete story here:https://punchng.com/pos-operators-begin-implementation-of-new-service-charge-monday/?amp

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