Could This Be The End To POS Business In Nigeria (Cashless Policy)
Sadly in Nigeria POS Business has employed more Nigerian youths than the Federal Government, State government, and Local Government but together
The POS business has self-employed more Nigerians than the banking system, more dan Dangote group, more than Obi Cubani, and any private and government agencies, and ministries you could ever imagine.
But comes 2023, this model of business that has employed both graduates and non-graduates across Nigeria is on the verge of an end, what then will be the fate of thousands whose sources of income solely depend on this POS Model of business
The POS has indeed employed thousands of Nigeria and here the Cashless policy is set to cost disruption among them as many of them are set to lose their success of livingly hood
Yes the CBN Cashless policy will birth another type of business which will require people to learn the new model and unlearn the old way of doing business. Most importantly the POS Business
If You Are In Business, Possibly an Online Biz
If you are in business, these policies may also affect how you do business, so be prepared, proceed to your bank, and ask questions about this cashless policy, pay attention to what CBN governors and reps are saying and follow laydown regulations from the Nigeria Government
Yes, there may be possible disruption, possibly in the 1st to 4th months of next year. But as usual. Nigerians are great people, we shall adopt
Also For Those Into Online Business
You should be planning on having an International bank account, like a US Bank account and you can have this simply by having your business registered in the United State. Grab the report How o register your business in USA Here
Yes, you can Register your business by getting the report (How To Register Your Business In USA +US Bank Account In Nigeria) and following the report, register your business, open a US Bank account
Proceed to open a US PayPal account, or stripe account, and stay safe from this disruptive coming against naira to dollar exchange as FG also moves to strengthen the Naira.
Most companies will not accept Naira, but yes will pray they do, we hope the Naira falls stop and possibly naira appreciate, and our economy improved. while we wait and hope so. Get the report to keep your business safe.
Get the report ”How To Register Your Business In USA +US Bank Account In Nigeria” to be able to make payments in US dollars as well as receive payments in US Dollars once most of these policies begin to roll out, till then. Both you and your business will be safer