The Corporate Affairs Commission (CAC) has extended the deadline for registration of all Point of Sale Operators (PoS) by sixty days, to accommodate those who are have not been able to register due to technical glitches.
The CAC had earlier set July 7, 2024, as the initial deadline.
In a post signed by the agency on its X handle on Sunday, it stated that the deadline has now been extended by two months.
“The Corporate Affairs Commission wishes to notify Fintech Operators also known as Point of Sales (POS) Operators that the initial deadline of 7th July, 2024 given for the registration of sole Agents, Super Agents and Agents has been extended for a period of sixty days beginning from 7th July, 2024 to the 5th September 2024.
“This is to give sufficient time to Operators particularly those in remote areas who might have encountered network challenges to so register and continue with their businesses,”
But the CAC warned that “Operators who fail or refuse to register at the end of the extended deadline run the risk of losing such businesses and prosecution for aiding and abetting criminal activities.”
