CAC Warn PoS Agents: Unregistered Terminals Go Seize, Arrest Fit Happen

Corporate Affairs Commission (CAC) don warn say all PoS agents wey never register their business with CAC dey face serious wahala. Dem talk say anybody wey still dey operate without proper registration fit make police carry dem go station.

CAC yan say dem dey monitor PoS agents across di country and any terminal wey dem catch wey no get registration go fit get seized immediately. Dem add say di measure na to protect customers and stop fraud for financial sector.

Di commission don appeal to all PoS operators to quickly register their business to avoid unnecessary wahala. Dem talk say registration go also help dem grow their business legally and enjoy government support for financial technology operators.

Unregistered PoS Terminals Fit Get Confiscate, CAC Warns

Corporate Affairs Commission don make am clear say any PoS terminal wey dey operate without proper registration fit get seize. Corporate Affairs Commission yan say di move na to ensure say all digital payment operators dey follow law.

Di commission explain say unregistered PoS agents dey put people money and financial system at risk. CAC talk say any agent wey refuse to register go face law enforcement action immediately.

Corporate Affairs Commission don urge banks and customers to dey report any unregistered PoS agent wey dem see. Dem talk say this na part of nationwide effort to make digital transactions safe for everybody.

CAC Orders Arrest of PoS Agents Wey Never Register

Corporate Affairs Commission don issue strong order for authorities to arrest all PoS agents wey never register. Dem talk say na part of effort to stop illegal financial activities wey dey go on for street.

Corporate Affairs Commission yan say any agent wey no comply go lose their terminal and fit face legal prosecution. Dem also warn say repeat offenders go face heavier punishment.

Dem add say registering PoS business go make agents dey operate legally, dey protect their customers, and enjoy proper support from regulatory authorities. Corporate Affairs Commission don encourage everybody wey dey run PoS to act fast before e reach too late.