Home / e-Banking / CMFB PoS


Use your ATM Debit card to make payments for goods and services in any merchant location where PoS terminals are deployed in Nigeria. CMFB PoS terminals provides a convenient, secure and efficient means of processing transactions online real-time as value is credited directly into the merchants account.  It provides an alternative means of accepting payment from customers.

  1. Chip & PIN enabled (EMV compliant) for security of transactions
  2. Uses GPRS, CDMA, or LAN/Wi-Fi network connectivity
  3. T+1 (next working day) Merchant settlement
  4. Payment for transactions (goods and services)
  5. Instant payment confirmation
  6. Account balance enquiry
  7. Printing of mini account statement
  8. Bills Payment and airtime recharge
  1. Business owners can effectively manage cash transactions.
  2. Increases sales as Merchants have access to both cash and card payment methods.
  3. Minimizes cost of handling cash and eases reconciliation.
  4. PoS is directly linked to Merchant’s account.
  5. Ability to view transactions from first usage of PoS.
  6. Eliminates the inconvenience of cheque clearing system.
  7. Transaction history can be requested for each PoS terminal.

Click here to download and complete a merchant application form or walk into our office to make a request.

Open chat