POS transaction limit in Nigeria (limits on POS transactions for all banks)
Read all about POS transaction limit in Nigeria.
The Point of Sales method of payment is becoming very popular in Nigeria, majority of medium scale and large scale business use the POS as a means of receiving payments from their customers.
As a customer, it is very convenient to use your ATM card to pay for goods & services, without the need to move around with physical cash.
The POS method of payment is usually a safe, fast and a secure way of making payments and also for receiving payments, if you are business owner.
If you want to know about the POS transaction limit in Nigeria, then you will need to read the following. Remember to leave us a comment after you finish reading and also share with your friends on social media.
Let’s get into it then…
Read my post on failed pos transaction in Nigeria
POS transaction limit in Nigeria
| Bank | Daily POS transaction limit |
| Access bank | 2 million naira daily |
| UBA | 1.5 million naira daily |
| FCMB | 1 million naira daily |
| Fidelity bank | 1 million naira daily |
| Sterling bank | 2 million naira daily |
| Zenith bank | 3 million naira daily |
| Wema bank | 1 million naira daily |
| GTbank | 3 million naira daily |
| First bank | 2.5 million naira daily |
| Ecobank | – |
| Unity bank | – |
| Heritage bank | – |
| Polaris bank | – |
Conclusion
Thank you for reading my post on POS transaction limit in Nigeria (limits on POS transactions for all banks). If you have any question or comment, you can leave it below in the comment section below.
Remember to share with your friends on social media and also subscribe to this blog for more banking and finance updates.
Thank you once again
Be First to Comment