Published June 30, 2022 | Version CC BY-NC-ND 4.0

Critical Analysis of the Vulnerabilities Surrounding the Use of Pos Services in Rural Communities in Nigeria

  • 1. Department of Computer Science, Ebonyi State University, Abakaliki Nigeria.

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  • 1. Department of Computer Science, Ebonyi State University, Abakaliki Nigeria.

Description

Abstract: In a bid to implement the policy of financial inclusion for both urban and rural dwellers in Nigeria, the Point-of-Sale (POS) services has been deployed for financial transactions in the rural communities of the country. This paper took a critical study of the operations of the POS services in rural Nigerian communities-rayed the opportunities it created, analyzed the vulnerabilities surrounding the service and suggested ways of protecting the stakeholders (customers and agents) using the POS services. The paper has done all these to enlighten the POS customers in order to keep their funds safe and also build a trust in the system and thereby helps to achieve the expected financial inclusion.

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Published By: Blue Eyes Intelligence Engineering & Sciences Publication (BEIESP) © Copyright: All rights reserved.

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Related works

Is cited by
Journal article: 2394-0913 (ISSN)

References

  • Boyd, C.; Mathuria, A. Protocols for Authentication and Key Establishment; Springer: Berlin, Germany, 2013.
  • CBN (2011), ''Guideline for Point of Sale (POS) card acceptance services in Nigeria'' http://www.cenbank.org/POS/asp.
  • Doris Dokua Sasu :Number of POS terminals in Nigeria 2017-2021, Published by Statisca, Feb 1, 2022
  • Ford, J.D., Pearce, T., McDowell, G. et al. Vulnerability and its discontents: the past, present, and future of climate change vulnerability research. Climatic Change 151, 189–203 (2018). https://doi.org/10.1007/s10584-018-2304-1
  • Misztal, B. A. (2012). The challenges of vulnerability. London, England: Palgrave Macmillan
  • Premium Times Nigeria: EFCC arraigns four for N900 million POS fraud,12thJuly 2021,
  • Ranci, C. (2010). Social vulnerability in Europe. In C. Ranci (Ed.), Social vulnerability in Europe. The new configuration of social risks (pp. 3–24). London, England: Palgrave Macmillan

Subjects

ISSN: 2394-0913 (Online)
https://portal.issn.org/resource/ISSN/2394-0913#
Retrieval Number: 100.1/ijmh.J14980681022
https://www.ijmh.org/portfolio-item/J14980681022/
Journal Website: www.ijmh.org
https://www.ijmh.org
Publisher: Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP)
https://www.blueeyesintelligence.org