Onafriq Shuts Down Baxi in Nigeria: 5 Things POS Agents Should Know
Onafriq is shutting down its Baxi agent banking business in Nigeria, giving affected agents 30 days to transfer their funds to their preferred principal bank. The decision follows rising operating costs, naira depreciation and increased competition in the payments market. The closure affects Baxi, the agent banking business operated by Onafriq Nigeria Payments Limited. However, … Read more
