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cashlesspolicy

South Africa Post Office (Sapo) Plans to Rollout 10,000 Cashless ATMs Until the Next Four Months.

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With the current wave of new means to access funds, and the steady enforcement on cashless policies. The South African Post Office announced plans to rollout cashless ATMs in four months time.

GTBank Now Allowing Nigerians to Make Mobile Money Transfer to All Banks Without Any Fee Charge Till 31st March, 2020.

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GTBank, one of the best online banking provider in Nigeria has taken the lead in the cashless policy from the Central Bank of Nigeria, allowing its customers to make mobile money transactions for free till 31st March, 2020. “From now…

Amidst the Growing Number of Cryptocurrency Users in Nigeria, Cashless Policy from the Central Bank of Nigeria Starts From 1st April 2020.

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According to the Central Bank of Nigeria (CBN), the cashless policy guidelines will take effect starting from 1st of April, 2020.  As regards to this development, most commercial banks like GTBank and other banks in the country have started sending…

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Central Bank Of Nigeria Stipulates New Fee Charge For Deposits And Withdrawals.

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The Central Bank Of Nigeria in its pursuit to implement the cashless policy issues new fees for bank deposit and withdrawals. On September 17, 2019, the CBN issued the following memo to all Deposit Money Banks (DMBs): “Further to our…