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GTBank launches 200,000 new PoS terminals to dominate Nigeria’s digital payments marketZero processing fees aim to attract merchants and enhance financial inclusion for SMEsHabariPay eyes regional expansion and increased transaction volumes in West Africa
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
Guaranty Trust Bank (GTBank), through its fintech subsidiary HabariPay, is making an aggressive push into Nigeria’s fast-growing digital payments market by eliminating processing fees for eligible merchants and rolling out 200,000 new Point-of-Sale (PoS) terminals nationwide.
The ambitious expansion is aimed at challenging dominant fintech players such as Moniepoint, OPay and PalmPay, which have built extensive merchant networks across the country.
GTBank increases merchant base with 200,000 PoS terminals deployment. Credit: GTBank/MoniepointSource: Facebook
According to GTCO’s latest annual report, HabariPay processed a record ₦80.9 trillion in payment transactions in 2025, nearly tripling the value recorded in the previous year. The company now
