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50% Telecom Tariff Hike: POS Operators Set To Jackup Charges

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Transactions Above N500,000 Can Lead To Trouble – Police Warn POS Operators

The Association of Mobile Money & Bank Agents in Nigeria has said its members may have no option but to increase service charges.

Ogungbayi Ganiyu, the National Public Relations Officer at AMMBAN, disclosed this in an interview on Monday.

His comments followed the Federal Government’s 50 percent telecommunications services tariff hike approval.

Reacting, Ganiyu said AMMBAN members’ businesses are centered around telecom services, especially data, and hence would be most impacted.

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He, however, noted that POS operators may want to bear the cost of the increased telecoms tariff.

“The telecom tariff hike will impact the operations of our members. I am afraid this may also have a multiplier effect on service charges.

“We have not sat down and looked at the latest tariff hike,” he stated.

Blaze Newz recalls that yhe National Association of Telecoms Subscribers on Monday vowed to drag the federal government to court over the 50 percent telecoms tariff hike.

Recall that the last time telecoms tariffs were increased was in 2013.

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