Running a business in Nigeria today is not for the ‘faint-hearted’. The market competition is on the rise, and so are the changing customer expectations; the market has become too complex for guesswork. Business owners can no longer rely on “guesses” alone to make decisions about pricing, stock, or customer engagement. Modern POS systems are
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Running a business in Nigeria today is not for the ‘faint-hearted’. The market competition is on the rise, and so are the changing customer expectations; the market has become too complex for guesswork. Business owners can no longer rely on “guesses” alone to make decisions about pricing, stock, or customer engagement. Modern POS systems are
1.6KCash is quietly disappearing from Nigerian business transactions in 2025. It doesn’t matter the scale of the business, more businesses accept mobile payments over cash. Some businesses have the “No cash,” policy. This shift is happening for many reasons happening that are pushing businesses to ditch cash. This post will examine the key reasons behind
Cash is quietly disappearing from Nigerian business transactions in 2025. It doesn’t matter the scale of the business, more businesses accept mobile payments over cash. Some businesses have the “No cash,” policy. This shift is happening for many reasons happening that are pushing businesses to ditch cash. This post will examine the key reasons behind
1.6KImagine a customer walks into your store to make a purchase, but their card is declined or the network fails. They try to transfer, but there’s no signal. With no other option, they walk out. That’s a sale lost not because they didn’t want to buy, but because your business couldn’t accept the payment. Now,
Imagine a customer walks into your store to make a purchase, but their card is declined or the network fails. They try to transfer, but there’s no signal. With no other option, they walk out. That’s a sale lost not because they didn’t want to buy, but because your business couldn’t accept the payment. Now,
1.8KFor decades, cash ruled commerce in rural areas. Yes, there was a time when business owners would never agree to any other payment method except cash. But times are changing, and even a fruit seller or local meat seller somewhere in Bodija Market, Ibadan now suggests transfers when you haggle prices because of limited cash
For decades, cash ruled commerce in rural areas. Yes, there was a time when business owners would never agree to any other payment method except cash. But times are changing, and even a fruit seller or local meat seller somewhere in Bodija Market, Ibadan now suggests transfers when you haggle prices because of limited cash
1.7KBusinesses these days operate very fast, seamless and error-free payments because of the Point of Sales innovation (POS). No matter the business size, POS systems make it easier to manage sales, inventory, and customer flow, all in real-time. However, while POS systems have empowered businesses to operate more efficiently, they can also be a source
Businesses these days operate very fast, seamless and error-free payments because of the Point of Sales innovation (POS). No matter the business size, POS systems make it easier to manage sales, inventory, and customer flow, all in real-time. However, while POS systems have empowered businesses to operate more efficiently, they can also be a source
1.9KPoint of Sale (POS) systems are indispensable tools for modern businesses of any kind. They are used to streamline sales, manage inventory, and process cashless transactions. As digital technology keeps permeating industries, POS adoption is rising not just in urban centres but also in rural communities. This article explores the comparative adoption of POS systems
Point of Sale (POS) systems are indispensable tools for modern businesses of any kind. They are used to streamline sales, manage inventory, and process cashless transactions. As digital technology keeps permeating industries, POS adoption is rising not just in urban centres but also in rural communities. This article explores the comparative adoption of POS systems
1.8KDigital technologies currently drive the global economy; therefore, speed and convenience are necessary, especially at the point of sale, to keep your business running smoothly. One innovation enhancing this experience is the instant payment notification (IPN) feature on POS machines. These real-time alerts are sent to both merchants and customers upon transaction approval, shape consumer
Digital technologies currently drive the global economy; therefore, speed and convenience are necessary, especially at the point of sale, to keep your business running smoothly. One innovation enhancing this experience is the instant payment notification (IPN) feature on POS machines. These real-time alerts are sent to both merchants and customers upon transaction approval, shape consumer
1.9KAs digital technology continues to reshape the financial ecosystem, Point-of-Sale (POS) transactions have become a vital link between customers and financial institutions. In developing countries like Nigeria, POS systems are more than just payment devices. They are gateways to financial inclusion, especially in rural and underserved urban areas. However, while the adoption of digital payments
As digital technology continues to reshape the financial ecosystem, Point-of-Sale (POS) transactions have become a vital link between customers and financial institutions. In developing countries like Nigeria, POS systems are more than just payment devices. They are gateways to financial inclusion, especially in rural and underserved urban areas. However, while the adoption of digital payments
2KDigital payments have become the new normal and changed the outlook of the financial space in Nigeria. Consumers do not depend only on cash transactions; instead, they use different types of cashless payment options such as card payments, contactless payments, mobile wallets, USSD codes, and NQR codes to pay for goods and services. So, as
Digital payments have become the new normal and changed the outlook of the financial space in Nigeria. Consumers do not depend only on cash transactions; instead, they use different types of cashless payment options such as card payments, contactless payments, mobile wallets, USSD codes, and NQR codes to pay for goods and services. So, as
1.9KTo a layman, data is just numbers, but not to you as a business. Data is more than just numbers on a screen, it tells the story of your customers in figures. Research shows that businesses using analytics experience a 15-20% boost in sales and are 23 times more likely to excel in customer retention.
To a layman, data is just numbers, but not to you as a business. Data is more than just numbers on a screen, it tells the story of your customers in figures. Research shows that businesses using analytics experience a 15-20% boost in sales and are 23 times more likely to excel in customer retention.
