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NIGERIA: POS operator sues UPSL, CBN, banks over N2.6m non-remittant profit - MegaIcon Magazine
An operator of Point of Sale (POS) machine under the business registered name, Twistwell Multiventures, Mr Joseph Okodua, has charged a payment system service provider in Nigeria, Unified Payment Services Limited (UPSL) to court for non -remittant profit of N2.6million. Twistwell Multiventures brokered business transaction agreement with Unified Payment Services Limited in which POS machine …