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As POS merchants target Nigeria s unbanked population, banks problems haunt them

Widespread use of mobile and online transactions has made banks cut down on the number of ATM machines, a cost-saving measure that ironically takes cash away from agency banking.

Osun stateNigeria generalOyo stateBimpe akinremiOlatunbosun olawoyeTunde bamisheWorld bank groupMoyofade microfinance bankWorld bankSustainable development goalsIle ogbo moyofade microfinance bankIwo or iyana churchTwenty four year old olatunbosun olawoyeAutomated teller machineAiyedire local governmentRising operational

As POS merchants target Nigeria s unbanked population, banks troubles haunt them

Widespread use of mobile and online transactions has made banks cut down on the number of ATM machines, a cost-saving measure that ironically takes cash away from agency banking.

Osun stateNigeria generalOyo stateBimpe akinremiOlatunbosun olawoyeTunde bamisheWorld bank groupMoyofade microfinance bankWorld bankSustainable development goalsIle ogbo moyofade microfinance bankIwo or iyana churchTwenty four year old olatunbosun olawoyeAutomated teller machineAiyedire local governmentRising operational

In Osun communities, lack of privacy turns traders away from borrowing

Traders say based on past experience, they fear being harrassed by representatives of microfinance banks and informal financial services providers.

Osun stateFunlola abdulsamadIya sodikiFolasade badmusTunde bamisheAdijatu kareemRockefeller philanthropy advisor gender centre of excellenceMicrofinance bankDigital financial serviceNational financial inclusion special interventions working groupCentral bankInternational finance corporationAlliance for financial inclusionWorld bank group global findexNational financial inclusion strategyDevelopment fund

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