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Tariff Hike: POS operators to increase charges

Point of Sales Terminal

The Association of Mobile Money & Bank Agents in Nigeria (AMMBAN) has indicated that its members may need to increase service charges.

Ogungbayi Ganiyu, the National Public Relations Officer, noted that the recent 50% hike in telecommunications tariffs approved by the Federal Government will significantly impact their operations, which rely heavily on telecom services, especially data.

“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.

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