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Tag "Automated Teller Machines"

Soon, biometrics will replace ATM pin, says CBN director

    Soon, biometrics will replace ATM pin, says CBN director

The Central Bank of Nigeria (CBN) says biometrics will soon be used for transactions on the automated teller machine (ATM). Pin codes are currently being used. Dipo Fatokun, chairman, Nigeria

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ATM charge reintroduced to improve services, says CBN

The Central Bank of Nigeria has justified its decision to introduce N65 charge on remote-on-us Automated Teller Machines (ATMs) transactions in the country, saying that the policy would create competition among

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Central Bank reintroduces ATM bank charges

    Central Bank reintroduces ATM bank charges

The Central Bank of Nigeria (CBN) has directed that Automated Teller Machines (ATM) withdrawals would attract N65 per transaction to cover remuneration for the switches, beginning from September 1. Dipo Fatokun,

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CBN orders refund of customer funds trapped in ATMs

    CBN orders refund of customer funds trapped in ATMs

The Central Bank of Nigeria (CBN) has issued a 46-day ultimatum for banks to refund monies belonging to customers trapped in banks’ Automated Teller Machines (ATMs) to the affected customers. It

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