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Zero Processing Fee: GTBank Removes Point Of Sale (POS) Processing Fees To Support Businesses

GTBank has removed processing fees on all POS transactions, allowing businesses to receive payments at zero cost and enhance customer experience.

uaranty Trust Bank Ltd (GTBank) has removed processing fees on all its POS terminals, reinforcing its commitment to cost-effective payment solutions for businesses.

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Starting Tuesday, 11 February 2025, merchants using GTBank POS terminals will no longer pay Merchant Service Charges (MSC) when receiving payments from customers.

This initiative benefits SME merchants by reducing operational costs and promoting business growth while ensuring a seamless payment experience for customers.

Miriam Olusanya, Managing Director of GTBank Nigeria, stated: “At GTBank, we empower businesses to get the full value of every payment they receive.”

The GTBank POS zero processing fees campaign aligns with the bank’s goal of providing innovative financial solutions that drive efficiency and growth.

For more details, merchants can contact their Relationship Managers or reach out to the Digital Banking Support Team at poshelpdesk@gtbank.com.

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