miccoy:


The particular transaction can only be traced back to your shop/location and not the customer; except only if you have a CCTV camera installed in your location.

To avoid this scenario, always ensure to request for means of identification, matching the name on the ATM card/account from the customer.

You can't keep asking every customer that enters your premises for id that matches the ATM card. Infact all the payment center i have used has never asked for id and no CCTV in any of dem.
I wonder how stolen ATM card can be cured in this line of business.
Suggestions are wlecome

miccoy:


The particular transaction can only be traced back to your shop/location and not the customer; except only if you have a CCTV camera installed in your location.

To avoid this scenario, always ensure to request for means of identification, matching the name on the ATM card/account from the customer.

a friend of mine was a victim of one chance criminals, he was kidnapped forced to surrender his ATM card, pin and id card at gun point and his money was withdrawn. how would one trace the criminal in such scenario? is there a law mandating that if you are withdrawing on behalf of someone, you must disclose your identity.

infoBULKSMS:


Have you set up one..? Do you have a rural bank you operate?
Theory alone I believe can't work here. Thanks

what do you charge as per transaction

Does the pos at 14000 comes with banner Can I get capital from the bank or I need to use my money??

What if the person do not have a bluthoot enabled printer, Hw will the recipt of the transaction will be print out?

Everyday Business Center is a POS Cash Withdrawal and Transfer service provider in Abaranje Road, Ikotun Lagos. We are third party business acting on behalf of the banks to render financial services that helps individuals and organizations to easily receive and make payments across all commercial banks in Nigeria.

As a central place where to send and withdrawal money quick across Ijegun, Abaranje, Okerube and Igando community in Alimosho Local Government Area of Lagos State, we also teach customers how to use mobile phone without internet access to make business or personal transactions; how to create safe and secure accounts with online mobile payment channels; how to manage your business accounts anywhere, anytime and how to start an agency banking business in Nigeria. This training opportunity is available on request.

Follow: this link for more.

Management Guide /Business Plan (ebook): N2,500

Practical Training+++Management Guide /Business Plan (ebook) N6,000
Duration: 9am - 4pm
Location: Alagbo Station Adiyan Ogun State

OUR EBOOK CONTENTS

CHAPTER ONE
EXECUTIVE SUMMARY
Keys to Success
Mission
Objectives

CHAPTER TWO
COMPANY SUMMARY
Financial Considerations
Location
What is agency banking?
Markets/Business locations
Functions of an Agent Bank



CHAPTER THREE
SERVICES
The Market
Pricing
Price Based on the Value Perceived by the Customer
Price Based on Your Costs and Your Expectation for Profits (“Cost Plus”)
Price Based on the Retail Price
Start-up Summary
CHAPTER FOUR
MARKET ANALYSIS SUMMARY
Competition
Buying patterns and needs



CHAPTER FIVE
STRATEGY AND IMPLEMENTATION SUMMARY
Competitive Edge
Marketing Strategy
Sales Strategy

CHAPTER SIX
MANAGEMENT SUMMARY
The business in four simple steps
Certificate of Authorization to carry out agent banking
Security and insurance
Fees and commission (Agent)
Commission (scheme provider)
Approval of a transaction
Documentation Requirements
Which cards can I accept with mPOS?
Authorization of payment via the device?

CHAPTER SEVEN
FINANCIAL PLAN
Daily Targeted profit
Daily/Monthly Operating activities and Expenses
Financial analysis
Profit and Loss account
Daily record keeping format (print out purpose for agent use)
Monthly record keeping format (print out purpose for agent use)
All Nigeria banks Customer Care Number (print out purpose for agent use)

CHAPTER EIGHT
List of Agency Banking Business Providers in Nigeria with POS

This people are too poor at managing customer. run from them

smithclito:
This people are too poor at managing customer. run from them

how wish I saw your post before buying this device

Tuan:
how wish I saw your post before buying this device

Purchased,? Any down side?

That pos business is very lucrative is not in doubt; that is why the number of persons going into the business is increasing every day. But wait a minute! Do you know that there are downsides to this business? It is very important for you to know especially if you are considering pos business or you are already in it and have started having issues.

Some of the challenges are; connectivity, security, credit reversal.....
https://www.enibest.com.ng/all-posts/business/challenges-of-pos-terminal/

POS cost N14,000

08036320607

FarmBusiness:
POS cost N14,000

08036320607

Your location

dagok:


Your location

don't fall victim for cheap scam Oga. if you want pos go to the nearest bank and tell them you want to register for Agent banking. do the proper documentation and get your pos simple.

Abeokuta North
Abeokuta South
Ado-Odo/Ota
Egbado North
Egbado South
Ewekoro
Ifo
Ijebu East
Ijebu North
Ijebu North East
Ijebu Ode
Ikenne
Imeko-Afon
Ipokia
Obafemi-Owode
Ogun Waterside
Odeda
Odogbolu
Remo North
Shagamu

paulGrundy:


don't fall victim for cheap scam Oga. if you want pos go to the nearest bank and tell them you want to register for Agent banking. do the proper documentation and get your pos simple.

Why discredit another man's business, after all the information the OP posted with physical contact details, you still call it a scam? Instead of you to tap into the opportunities and knowledge his materials offer, you are here putting him down.

If you do not wish to patronize him, please leave others who are interested.

Yoighaman:


Why discredit another man's business, after all the information the OP posted with physical contact details, you still call it a scam? Instead of you to tap into the opportunities and knowledge his materials offer, you are here putting him.

If you do not wish to patronize him, please leave others who are interested.

who is dizzz one do you know that a POS is configured to the settings of the bank that issued it and the POS merchant. so buying or renting it is waste of money. it would be useless to the buyer and in the end u will still return the POS to the original owner (the issuing bank). except that u have money to give to fraudsters, i advice u to deal directly with d bank.

paulGrundy:


who is dizzz one do you know that a POS is configured to the settings of the bank that issued it and the POS merchant. so buying or renting it is waste of money. it would be useless to the buyer and in the end u will still return the POS to the original owner (the issuing bank). except that u have money to give to fraudsters, i advice u to deal directly with d bank.

If you don't understand a business and how it works, please ask questions instead of disparaging others.

We have various PTSPs that now issue terminals, not just banks. Some of the POS issued by these PTSPs are even more efficient and reliable than those issued by banks.

The terminal would be configured with the merchant or agent's details so it is not useless to anybody.

Ask questions if you don't understand something, it would save you from unnecessarily embarrassing yourself on a public forum.

FarmBusiness:
HOW TO START A POS CASH WITHDRAWAL AND FUND TRANSFER BUSINESS IN NIGERIA
More and more banks are realizing this and are moving away from opening new bank branches. They are opting for agent banking to reach their under banked and unbanked customers. Agent banking is a rising trend as illustrated by recent data from the Central Bank of Nigeria.
Since banks have invested a lot in building their infrastructure and operations, changing their business model to incorporate agent banking is quite complex. They have to set up an agent banking network that allows their agents to provide financial services on their behalf outside their traditional bank branches.
If you are planning to start an agency banking business and have no idea where to start. Learning the basic will give you clarity as to where to source technology, where to start, how to manage, and other risk factors involved in starting and running an agency banking business in Nigeria.
AGENCY BANKING SERVICES AND COMMISSION
• Transfers (All Banks) YOU make N 150 per transaction guaranteed
• Cash deposit (All Banks) YOU make N 150 per transaction guaranteed
• Cash withdrawal (All Banks) YOU make N 150 per transaction guaranteed
• Recharge Cards printing (MTN 3%, Etisalat 3.5%, Airtel 4%, Glo 6%)
• Loan repayments
• Bulk SMS 10% commission
• Data bundles (MTN 3% , Etisalat 4.5%, Airtel 4%,Glo 4%,Smiles 3%, Spectranet 4%)
• Bill payment (Dstv 2%, Gotv 2%, Tstv 2%, Phcn 2%, Startimes 2%,Etc.)
• Prepaid voucher sale (WAEC 6%)

LOCATION
The Pay Centre should be located in rural areas giving the community opportunity to enjoy financial services without the risk and stress of walking kilometers in order to visit a bank branch, especially areas neighbors spend between N200-N500 to get to the nearest Bank/ATM.

OUR

Management Guide /Business Plan (ebook): N2,500

Practical Training+++Management Guide /Business Plan (ebook) N6,000
Duration: 9am - 4pm
Location: Alagbo Station Adiyan Ogun State

OUR EBOOK CONTENTS

CHAPTER ONE
EXECUTIVE SUMMARY
Keys to Success
Mission
Objectives

CHAPTER TWO
COMPANY SUMMARY
Financial Considerations
Location
What is agency banking?
Markets/Business locations
Functions of an Agent Bank



CHAPTER THREE
SERVICES
The Market
Pricing
Price Based on the Value Perceived by the Customer
Price Based on Your Costs and Your Expectation for Profits (“Cost Plus”)
Price Based on the Retail Price
Start-up Summary
CHAPTER FOUR
MARKET ANALYSIS SUMMARY
Competition
Buying patterns and needs



CHAPTER FIVE
STRATEGY AND IMPLEMENTATION SUMMARY
Competitive Edge
Marketing Strategy
Sales Strategy

CHAPTER SIX
MANAGEMENT SUMMARY
The business in four simple steps
Certificate of Authorization to carry out agent banking
Security and insurance
Fees and commission (Agent)
Commission (scheme provider)
Approval of a transaction
Documentation Requirements
Which cards can I accept with mPOS?
Authorization of payment via the device?

CHAPTER SEVEN
FINANCIAL PLAN
Daily Targeted profit
Daily/Monthly Operating activities and Expenses
Financial analysis
Profit and Loss account
Daily record keeping format (print out purpose for agent use)
Monthly record keeping format (print out purpose for agent use)
All Nigeria banks Customer Care Number (print out purpose for agent use)

CHAPTER EIGHT
List of Agency Banking Business Providers in Nigeria with POS

COURSE OBJECTIVES: Following the course you will be able to:
• Understand the environmental conditions required for Agency Banking
• Appreciate the disruptive of Mobile Money in banking markets
• Analyze the limitations of Agency Banking versus traditional banking
• Appreciate the benefits to bank clients of Agency Banking
KEY TOPICS
• Strategic role of Mobile Money and Agency Banking in Financial Inclusion
• Does Agency banking equate to Mobile Banking?
• What is Agency Banking and how is it changing the Financial Services landscape?
• Applications of Mobile Money: electronic wallets and payment services
• Know Your Client (KYC) requirements in Mobile Money applications
• What does a sustainable Agency Banking business model look like?
• Risk management of Mobile Money and Agency Banking applications
Live demonstration: Agent interface and features
• Live demonstration: Moving money from one account to another
• Live demonstration: Withdrawing money
• Live demonstration: Agent pay out
• Live demonstration: Recharge card selling and activation (ePin and Scratch cards)
• Live demonstration: How agents make money per transaction
For each of our training methods, we have a suite of accompanying training materials which are developed to explain the concepts of the technology, as well as the best current operational practices in the industry.

PRICE N 5, 000 per participant and includes all training material
YOU GET A COPY OF OUR AGENCY BANKING IN NIGERIA BUSINESS PLAN

OUR POS IS
N14,000



If you are outside Lagos and wish to have a copy the soft copy is available for just N4, 000
PAYMENT METHOD
Bank Deposit
Fund Transfer
ATM cash Transfer

This payment method requires the customer to deposit, Electronic Fund Transfer or ATM cash Transfer directly from his/her account into FBS PayCentre bank accounts
The manual e-copy in PDF format will be sent to your immediately as soon as your transaction reflects in our account. Our bank details are as follows:

ZENITH BANK
Account Name: Farm Business Setup Ventures
Account Number: 1014352341

After placing your order, SMS your payment information
(AgencyBanking, your full account name, mobile number, and your e-mail address)
E.g. AgencyBanking, Kayode Nassir Emeka,08036320607,mymail@yahoo.com

To 08036320607 once I confirm your payment. The manual will be sent to you immediately! By e-mail Trust us 100% to do that.


Instant Help Desk
Mobile: 08036320607
WhatsApp: 08036320607

ADDRESS
FBS PayCentre
174 Adiyan Orudu road,Transformer Bus stop
Agbado station Lagos
Call for direction 08036320607
www.agencybankingbizsetup.com
Agent banking can take place nearly anywhere

Nice one and keep up the good work.

for your information, i work with a bank and in the POS department.

i pity for those who will fall into the hands of these scammers.
smh.

paulGrundy:
for your information, i work with a bank and in the POS department.

i pity for those who will fall into the hands of these scammers.
smh.

You're either lying about working in a bank or you're one of the people who work where they're not supposed to.
Please, stop arguing cos you sound so clueless.

Which of these banks pos gives very reliable services?

DEPOSIT COMMISSION
N1 - N5,000 =N10.5
N50,001 -and Above = N50


WITHDRAWAL COMMISSION
N1000- N5000=0.75%
N5,001 - N10,000=N55
N10,001 -N15,000 =N75
N15,001 - N20,000 = N95
N20,001 - N25,000 = N115
N25,000 - N30,001 =N135
N30,001 -N40,000 = N165

29 FEB 2020

WHATSAPP
YEMI
08036320607

Farm Business Setup

@FBS paycentre
@Farmbusinesssetup
Customer Care Line
(Call,WhatsApp):08036320607 
(Strictly Mondays - Fridays 9am -5pm

Moniepoint POS is one of the best POS out there and though getting it might be difficult.
I have written an article to help you with your application so you can get it fast
it's a long article but it answers all the questions you might have about moniepoint
Read it here https://posbusiness.com.ng/2021/05/30/moniepoint-pos/