Archives Tag: ATM
The Central Bank of Nigeria Plans to Introduce Agent Banking
April 19, 2022
A banking agent is a retail or postal outlet contracted by a financial institution or a mobile network operator to process clients’ transactions. Rather than a branch teller, it is the owner or an employee of the retail outlet who conducts the transaction and lets clients deposit, withdraw, and transfer funds, pay their bills, inquire about an account balance, or receive government benefits or a direct deposit from their employer. Banking agents can be pharmacies, supermarkets, convenience stores, post offices, and many more.
By kobe
Tips on How to Protect Your PIN
April 19, 2022
A personal identification number (PIN, pronounced “pin”; often erroneously PIN number) is a secret numeric password shared between a user and a system that can be used to authenticate the user to the system. Typically, the user is required to provide a non-confidential user identifier or token (the user ID) and a confidential PIN to gain access to the system.
By kobe
