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Nigerian Agency Shuts Down Non-Compliant ATMs, POS Terminals

Nigeria’s Weights and Measures Department of the Federal Ministry of Industry, Trade and Investment reportedly sealed ATM and point-of-sale machines at four different banks because of non-compliance with basic standards.

Nigeria’s Weights and Measures Department of the Federal Ministry of Industry, Trade and Investment reportedly sealed ATM and point-of-sale machines at four different banks because of non-compliance with basic standards.

“Every weighing and measuring instrument must have certificate of verification,” lead enforcer Olusegun Ateji, said in a report in This Day Live.com. “The sealed machines do not possess the certificate which will certify that the machines were accurate, fair and legal to be used for businesses.”

Once the machines are registered, the devices will ensure that all customers receive fair treatment, he said.

 

 

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