Revised POS Terminal Geo-Fencing Requirements

Central Bank of Nigeria Circular
Summary

Updates terminal geo-fencing monitoring radius from 10 metres to 70 metres and extends the implementation deadline to 1 August 2026, supporting traceability of agent and merchant POS activity.

Applicability

Acquirers, PTSPs, super agents and POS-deploying institutions.

Open Source Document ↗
Document Details
Date Issued
20 May 2026
Date Effective
01 Aug 2026
Compliance Deadline
01 Aug 2026
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