The National Public Relations Officer, Association of Mobile Money and Bank Agents in Nigeria, Oluwasegun Elegbede, has said its members have no intention to revert to old prices charged for services.
PoS agents under the association recently announced increases in the cost of PoS transaction costs and began the implementation of the new prices on Monday.
Following the move, the Federal Competition and Consumer Protection Commission, FCCPC moved to stop the PoS transaction charges.
Elegbede noted that the association’s new pricing regime was operational across the country.
He noted the recent increase in fuel pump prices strengthened the resolve of PoS agents to stick to the new prices.
The Executive Vice Chairman/Chief Executive Officer, FCCPC, Babatunde Irukera has said that the commission was ready to issue an order to bar PoS agents from continuing with their action
