In keeping with its mission to provide businesses with affordable payment options, Guarantee Trust Bank Ltd. (GTBank) has eliminated processing fees from all of its point-of-sale (PoS) terminals.
When accepting payments from clients, retailers utilising GTBank POS terminals will no longer be required to pay Merchant Service Charges (MSC) as of Tuesday, February 11, 2025. SME merchants gain from this program since it lowers operating expenses, fosters business expansion, and guarantees a smooth consumer payment experience.
According to GTBank Nigeria’s Managing Director, Miriam Olusanya: “At GTBank, we empower businesses to get the full value of every payment they receive.”
The bank’s objective of offering creative financial solutions that promote productivity and expansion is in line with the GTBank POS free processing fees initiative.
BrandSpur banking and finance news desk reports that merchants can contact the Digital Banking Support Team at poshelpdesk@gtbank.com or their Relationship Managers for further information.
