Point of Sale (POS) businesses can benefit from naira scarcity in some ways. With cash becoming more scarce and harder to come by, people may be more likely to use electronic payment methods, such as debit or credit cards, to make purchases.
This can increase the demand for POS terminals and other electronic payment solutions, which could potentially result in increased profits for businesses offering these services.However, it’s also important to note that naira scarcity can also lead to economic challenges and a decrease in consumer spending, which could negatively impact businesses across the board.
So while the demand for POS services may increase in the short term, the long-term impact on businesses will depend on how the broader economy is affected by the naira scarcity.