“The Future of Payment”: Boost for SMEs as Nigerian Bank Launches Virtual PoS [Video]

• Kuda has introduced innovative virtual PoS terminals aimed at enhancing payment solutions for small businesses in Nigeria
• This initiative seeks to address common challenges like payment delays and the fragmented banking services many SMEs face
• The launch of these PoS solutions underscores Kuda Business’ commitment to supporting the growth of Nigerian SMEs

Legit.ng journalist Victor Enengedi has over a decade’s experience covering Energy, MSMEs, Technology and the Stock Market.

Kuda, via its Kuda Business platform, has rolled out virtual and physical point-of-sale solutions (PoS) to simplify payment processing for freelancers and small—to medium-sized businesses.

According to the company, these new tools are intended to enable quicker payment acceptance while tackling common issues such as payment delays and fragmented banking services that many SMEs encounter.

The company also noted that the …