Why POS operators don’t need CAC registration as deadline ends – AMMBAN.
The Association of Mobile Money and Bank Agents in Nigeria has clarified that its members are not legally required to register with the Corporate Affairs Commission (CAC) before operating Point of Sale (POS) businesses across the country. According to the association, POS operators are permitted under Nigerian law to function as individuals or non-entities, and existing regulatory and identification frameworks already provide sufficient oversight and security for their operations. […]