Are you looking for the most reliable and best pos machine in Nigeria? Look no further! This article will provide the top best POS machines in Nigeria to help you gain an overview of the business of POS in Nigeria to ensure that you are able to work with any company you’d like.
Table of Contents
Best Pos Machine in Nigeria
OPay POS Machine
There are numerous POS machines, but the OPay POS machine is considered to be one of the most effective and utilized POS machines for performing endless transactions.
It is among the Best Pos Machine in Nigeria that you can purchase at a reasonable cost.
OPay POS machine comes with 12 months of warranty and the option of having any repairs completed at no cost by their customer service department.
They also provide all-year technical support from them as well, for free should you decide to sign a partnership with them.
How do I get OPay POS Equipment and then become an OPay Agent?
This is a basic requirement to fill out and submit your OPay POS application form:
- BVN number.
- Utility bills (NEPA bill).
- Well-captured Passports.
- Identity card valid (ID card).
- Your Name and Surname.
- Your shop address or business address.
Moniepoint POS machine
Moniepoint is another Best Pos Machine in Nigeria; the POS is an initiative for business created by a start-up Fintech business in Nigeria and is currently investing to expand to other regions of Africa.
How Do I Apply To Be A Moneypoint POS Agent In Nigeria?
Application for Moniepoint is easy; however, you must meet the following criteria:
- Over 18 years old;
- A Nigerian;
- Reliable and tech-savvy, as well as
- You own an iPhone.
Moniepoint POS price
Moniepoint POS machine is free. You must, however, meet their requirements to be a Moniepoint agent. The process may be lengthy, but if you’re unable to sit around, you can simply find one of their offices near you and get one for yourself. The price is N25,000 and you will avoid the hassle to go through the long procedure of obtaining an unpaid POS machine.
Kudi POS machine
Talking of the best POS machine in Nigeria; Kudi is a major international fintech company based in Nigeria with multiple branches located in Kenya as well as Ghana and is rapidly expanding across Africa. Kudi Agents at POS are licensed by the fintech giant complete transactions for their customers.
Kudi is registered with CAC thus, trust isn’t an issue.
Kudi POS terminals come provided free for use. However, to purchase one, you’ll need to pay a security deposit/caution charge of about N20,000. The condition is that you provide an end-of-day report of transactions or an account statement in order to show that you are able to reach the required transaction amount at the POS terminal.
How Do You Get Kudi POS?
- Find the nearest Kudi office near you
- Download this form through their agent, then fill it out and return it
- Pay a sum in the amount of N20,000 payable to our office (money is not refundable).
- Kudi POS will then review your application and issue the POS immediately to you.
Paga POS
To get an account on a Paga POS, you must first register. You can either send an email or sign up at www.paga.com.
- Select Agent, then select Become an Agent to start.
- You can also express your interest through one of the channels below:
- Contact: 07000007242 or 012777160
How to get Paga POS?
These documents are mandatory.
- An authentic Identity card, like an International Passport, National ID Card, or Voters’ Card
- Utility Bill (Nepa Bill)
- Business License (For registered businesses only)
- BVN
- Valid Account Number
- Email address
Zenith Bank POS Agent
Zenith banking POS is fast as well as secure and cost-free. To become Zenith Bank’s POS and become an agent takes only a couple of minutes. It is necessary to have a corporate account with Zenith Bank for at least six months before you are able to become an official Zenith Bank POS agent.
It will keep track of your daily transactions prior to approving your company to set up the point of sale.
Zenith bank charges for POS
- 0.75 percent per transaction.
As per CBN Nigeria, “the maximum amount an individual merchant is paid for any POS transaction is 1.25 percent of the value of the transaction with a maximum amount of N2,000.00. There are exceptions in the case of entertainment and travel merchants which include but are not limited to restaurants, hotels, airlines, and more.
How To Become Zenith Bank POS Agent?
In order to be accepted by Zenith Bank POS and become an agent, you need to be able to provide all the required documents
- A valid ID card (one of the following: voter’s ID card, National ID card, International Passport, or driver’s license)
- 2 to 4 passports photographs
- New utility bill
- A current account that is open with Zenith Bank.
Paycenter POS
Here comes another best pos machine in Nigeria; PayCentre “online” point of sale gives customers the flexibility to accept and deliver banking services, by giving the most efficient service for agency banking in Nigeria.
You can be an official PayCentre agent in just a few days by filling in and submitting the application form accessible via their page.
PayCentre’s goal is to create jobs. Agents are able to manage profitable businesses and get decent pay.
Paycenter POS Feature Charges
Paycenter POS is a user-friendly platform that gives you complete control and visibility into your business. Using the Paycenter application, you can perform the following transactions:
- Opening an account
- Deposit Money in the account or deposit in
- Cash-out/Withdrawal
- Loan Application
- Card Issue
- Card Activation
- Transfer of Funds
- Bills Payment
- Recharge Top Up
Paycenter POS Charges
Paycenter POS Commission charges range between 0.75 percent and 1 %
Baxi Box POS
Baxi platform is a national agent network that focuses on areas and communities which aren’t well-served for financial transactions.
Baxi Box is one of the best pos machine in Nigeria that gives you an easier method to earn money from every transaction that you make on a broad range of products, with real-time access to the potential value of your investment.
How Do You Become Baxi Box POS Agent?
If you are interested to become a Baxi POS agent by calling this number 017008571.
You can contact them via all of their social media channels.
To obtain access to the Baxi Box POS you must follow these steps;
- Visit the Play Store
- Find Baxi Mobile
- Download the App
- Register and follow the steps
Baxi POS Charges
- 0.55 percent from N1000 to N20,000.
- N100 flat rate starting at N20,001 to N100,000
- N150 starting at N100,000.
Firstmonie POS machine
Firstmonie is also one of the best POS machine in Nigeria, Firstmonie was a project that is part of First Bank Nigeria plc. Its Firstmonie POS was launched to customers who are not banked or underbanked states to offer access to financial products through licensed Firstmonie agents.
Transactions you can perform on the Firstmonie POS machine without going to the bank include:
- Creating a FirstBank account
- Deposit Money
- Make withdrawals from any Bank
- Make a transfer of cash to any Bank
- Pay Bills
- Buy Airtime
- Sign up for BVN
First bank pos charges
- 0.75 Per transaction, 0.75.
In accordance with CBN Nigeria, “the maximum amount a merchant is required to pay to any POS transaction is 1.25 percent of the value of the transaction up to a maximum of N2 000.00. There are exceptions in the case of travel and entertainment businesses such as hotels and restaurants, airlines, and so on.
What Are The Requirements For The Firstmonie Machine For POS?
At minimum N50,000 working capital for your POS company as an individual, or at least N250,000 of working capital for an authorized business owner.
First bank current account operating for at least one year prior to applying, which means that your account receives and transfers funds to your first bank account for the duration of a year
Provide the location that you operate from. This could be your shop or any other empty space that is owned or rented by you.
GTBank POS
GTBank POS is booming in Lagos as well as other areas of Nigeria. There’s no distinction in the functioning of the POS device, apart from the bank that is the issuer.
How Do I Obtain GTBank POS?
- The first prerequisite is that you have an active account that you have been making transactions on for at least six months.
- To download an application, go to any GTBank closest to you. Alternatively, you can contact the bank at
Access Bank POS
To be approved to Access Bank POS and be a registered agent, you need to submit all the required documents
- Valid ID card (voter’s card or National ID card International Passport, or driver’s license)
- 2 to 4 passport photos
- The most recent utility bill
- A current account that is open with Access Bank.
Now that these papers are accessible the next step is:
- Locate the nearest Access Bank branch.
- Application for an agency bank application.
- Complete the form using the correct information and then submit it.
- Then wait for the approval and the acceptance from access to become an Agent
Polaris Bank POS Machine
Polaris Bank POS is another best POS machine in Nigeria, Polaris Bank formerly Skye Bank allows individuals to apply for Polaris Bank POS with their savings account.
In order to be approved by Polaris Bank POS and become an agent, you need to be able to provide these documents
- A valid ID card (one of the following: voter’s ID card or Nationwide Identification card worldwide passport, or driver’s license)
- 2 to 4 passports photographs
- Most recent utility bill from your utility (either: Nepa invoice, waste administration receipt water invoice, or any other legitimate invoice that shows your address)
- Create an account and deposit it in your account with the bank.
Conclusion
Here in this article, we have provided the top best POS machines in Nigeria to help you gain an overview of the business of POS in Nigeria to ensure that you are able to work with any company you’d like.