When you factor in the volume of cash spent in the countries you’re comparing too.Nigeria has a significant cash dependence as many petty traders do not own accounts so they adhere to cas collection. Plus Banks “Pos” machines tend to fail compared to pos machines operated by Fintech banks, which most Large chains operate Banks Pos machines . Also the cash withdrawal limit on atm per week too also applies to this
2026-04-24 22:13:29
0
Adlib :
In America we use ATMs but most of us lean on digital currency through debit cards, credit cards, health savings accounts. We hardly use cash! Why bc digital currency is insured in a way; it’s recoverable. We also have high security standards and no one can just handle money. It has to be in a bank or recognized institution and hopefully insured.
2026-02-26 20:21:13
2
TruWordz📖 :
Those countries you mentioned are they like Nigeria? Almost everything is wrong about Nigeria
2026-02-26 17:49:51
2
Precious :
Here’s my thought, Where ever there is sale going on, there should be a point of sale, especially in a cashless economy. This implies that even roadside sellers should be able to receive payments. So I don’t really think it’s because of a broken financial system but it makes payment more accessible and efficient.
2026-02-27 08:22:18
1
systems4r :
30 yrs in UK my card never failed once even when I used it to pay 5p you almost need cash for nothing and you don't get charged for it. 3yrs am still not used to 9ja ways
2026-02-26 21:59:09
1
4angles :
oga banks are behind this
just to make sure they take your money while trying to take your money from your own account
2026-02-26 22:16:16
1
TwittOfAdvice :
They cash out from pos that’s why they end the ATM systems.
2026-02-26 17:19:13
2
Isha :
you know the answer to your question,
messed up system
2026-02-26 18:40:09
13
Deejay Unstoppablee 🇬🇧 :
Comparing Nigeria and uk plus America are you serious bro you called Nigeria a country or dessert 😂😂😂😂😂
2026-03-03 06:58:01
1
Man of God :
Nigeria was also the same way but the government likes taking one step forward and 3 steps backwards
2026-02-27 00:25:47
0
Raphnuel_furnitures :
ATM’s are now empty without cash
2026-02-26 23:07:40
1
cruisenation0012 :
sir is not easy for us that broke like this we are just struggling like me I have pos and I still have 5 people beside me doing the same things
2026-02-26 16:03:22
1
IMOLEAYO 🦂😎 :
daddy freezing u should know things is very hard in Nigeria 🥺🥺🥺
2026-02-26 15:55:01
1
RandomCurrency :
unemployment.... understand this and have your answer
2026-02-27 07:47:51
1
Yannis :
I don't see anything wrong with it
2026-02-26 21:02:58
1
Ayo :
Bro the business no get money like that fa
2026-02-26 15:36:24
0
️PopSmoke :
Everyone is trynna survive
2026-03-25 21:06:34
0
Manzick :
Oga na Africa u dey
2026-03-05 13:16:06
0
Dare ♎ :
even in other African countries, no where
2026-03-05 13:01:44
0
OVERSABI :
POS is Point of Sale so it is made to collect payment for valid transactions but people abuse it because ATMs are not ubiquitus
2026-03-07 18:51:07
0
❄️ Boda Ade :
Is the banking system dey sell cash to people operating pos so the dey won't allow the ATM machine to work we have e like 4 to 5 bank at ayobo stoll yet non of dem dey work most of the time even if u mistakingly see the one dat is working it will be only one dat is working among like 6 machines
2026-03-05 14:19:57
0
☂️🪿Chukwuebuka Mark :
bro...dis one tire me oo
2026-02-26 19:37:03
0
Michealmorris :
Not only in Lagos ooo, na everywhere state in Nigeria ooo
2026-05-16 15:09:00
0
manlikennamdi :
9ja banking system has failed us as a country
2026-02-26 15:37:17
0
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