August 29, 2025

GPS- Enabled POS will help curb fraudulent transactions

Fraud General

GPS-Enabled PoS Will Help Curb Fraudulent Transactions – Obioha Oti

Lagos, August 28, 2025 — Financial technology expert, Obioha Oti, has stressed that integrating GPS technology into Point-of-Sale (PoS) machines will significantly reduce fraudulent activities in Nigeria’s fast-growing digital payment ecosystem. Speaking on Thursday, Oti explained that GPS-enabled PoS would allow regulators, banks, and operators to track the exact location of each transaction in real-time,

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