Critical Analysis of the Vulnerabilities Surrounding the Use of Pos Services in Rural Communities in Nigeria
Fergus Uchenna Onu1, Ikechukwu Jonathan Ezea2
1Fergus Uchenna Onu, Department of Computer Science, Ebonyi State University, Abakaliki Nigeria.
2Ikechukwu Jonathan Ezea*, Department of Computer Science, Ebonyi State University, Abakaliki Nigeria.
Manuscript received on 30 May 2022. | Revised Manuscript received on 02 June 2022. | Manuscript published on 30 June 2022. | PP: 10-12 | Volume-8 Issue-10, June 2022. | Retrieval Number: 100.1/ijmh.J14980681022 | DOI: 10.35940/ijmh.J1498.0681022
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© The Authors. Published By: Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
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.
Keywords: Vulnerability, POS Services, Rural Communities, Financial Inclusion
Scope of the Article: Rural Communities