Banks at the weekend flagged off a pilot road show to enlighten and encourage traders and the public to embrace the cash-less banking initiatives, recently introduced by the Bankers’ Committee.
The show, which started at the Trade Fair Complex, Lagos, is expected to move to different parts of the state this week to make the initiative more widely understood. Other markets billed for the hosting of the show include Alaba, Mile 11 and Idumota.
The main objectives of the road show are to effectively communicate the initiative as an inevitable innovation payment option that is much safer than cash transactions. Other goals of the show include, test running the point of sales (PoS) machines and teaching customers and merchants alike how to use them.
The road show format also uses drama skits to drive home salient points on the benefits of this technology initiative to individuals and corporate organizations, among others. At the event, traders were not only made to understand how the PoS works, but were also advised to see the technology as the only solution to problems such as theft, and delay in payment for goods and services.