The fintech controls 563,262 POS agents out of a total of 1.5 million agents in the country. Together, both companies control 867,208 agents, representing 57.8 per cent of POS agents in the country. In the geographical breakdown, Lagos alone has 322,266 out of the 1.5 million agents. In 2012, POS transaction value was recorded at ₦0.05 trillion, accompanied by a transaction volume of 2.6 million. Point of Sale (POS), the new bankThe number of POS agents has increased dramatically throughout the years.