Bamidele Obolo, Ganiyat
Nasiru, Yetunde Oluwatayo
& Iyanuoluwa Akinroro
Point of Sales (PoS) operators in Ondo State have stated the reason behind the sudden increase in their charges for customers.
According to them, getting new notes from commercial banks have been herculean, just as it affects every Nigerian.
The operators told The Hope that they have to ‘settle’ commercial banks staff so as to remain in business.
They further revealed that they pay bank staff 5-10% of the amount they need in order to get the cash out to use for their business.
One of the operators in Owo, Mr Ayodeji Fahd, said the charges increased because there is scarcity of cash in bank.
“It was N20 per 1000 before but has increased to N100 per N1000, so N5000 is N500 in charges. Same thing applicable if it is N20,000
“We found it difficult to get cash in banks and we have to bribe to get cash because without cash, we cannot do business. It is not our fault, he explained”.
Another operator at Alagbaka, told The Hope that PoS operators usually pay in banks to get cash, especially the new naira notes.
“The bank will collect N5000 to withdraw N100,000 and N10,000 to collect N200,000. That’s why we increased the charges, ” she added.