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POS registration deadline extended to Sept 5

Corporate Affairs Commission

The Corporate Affairs Commission has extended the deadline for mandatory registration of Point of Sales agents, super agents, and sole agents to September 5, 2024.

This extension was announced in a statement by its management and posted on its Facebook page on Saturday, providing a 60-day grace period.

“The Corporate Affairs Commission wishes to notify Fintech Operators also known as Point of Sales Operators that the initial deadline of 7th July 2024 given for the registration of sole Agents, Super Agents, and Agents has been extended for sixty days beginning from 7th July 2024 to the 5th September 2024,” the statement read.

“This is to give sufficient time to Operators particularly those in remote areas who might have encountered network challenges to so register and continue with their businesses.

“Operators who fail or refuse to register at the end of the extended deadline run the risk of losing such businesses and prosecution for aiding and abetting criminal activities.”

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