In compliance with Central Bank of Nigeria (CBN) guidelines, the Corporate Affairs Commission (CAC) has mandated that all Point-of-Sale (PoS) operators and fintech merchants register their businesses. The deadline for this registration is July 7, 2024, and failure to comply may result in police action. This initiative aims to reduce the rising cases of PoS fraud. Here is a step-by-step guide to help you register your PoS business with the CAC. Deadline 7 July 2024 Authority Corporate Affairs Commission (CAC) Guideline By Central Bank of Nigeria (CBN) Fee ₦10,000 Documents ID, Address Proof, Business Plan
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