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I Want To Start POS Business - Business - Nairaland

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How To Start POS Business In Nigeria / How To Start POS Business with #15,000 in Your Area / I Need Standard Pos For My Pos Business (2) (3) (4)

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I Want To Start POS Business by hammendable: 5:07am On Apr 20, 2019
Good Morning! Please, who knows the best pos carrier for a beginner? Cost effectiveness is Paramount. please its urgent
Re: I Want To Start POS Business by dawnomike(m): 6:15am On Apr 20, 2019
Quickteller or firstmonie by firstbank.... In my opinion- do not use paga

1 Like

Re: I Want To Start POS Business by hammendable: 9:46pm On Apr 20, 2019
dawnomike:
Quickteller or firstmonie by firstbank.... In my opinion- do not use paga

thanks for your prompt response. I will also like to know there requirements.
Your response is greatly appreciated.

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Re: I Want To Start POS Business by gurujoe(m): 3:11am On Apr 21, 2019
Don't use any other financial institution that's not interswitch (quickteller) from experience. If you have money start with them. Thier new POS is now #65,000 The only disadvantage is that it doesn't accept Visa debit card but it paypoint platform takes all card.
First Monie is very good their POS is superp and reliable. Their POS accept Visa debit cards. The only disadvantage is their network hitches and charges.
Closa Access (Diamond) POS is guru in processing only Visa Access (Diamond) cards. The network is fast and service reliable. Only disadvantage is that it takes only Access(Diamond) cards.
Merchant POS could also be used in POS business it accept all cards only disadvantage is that is not an instant creditation it takes 24hours.
Note: Having business name is added advantage in getting these pos.

2 Likes

Re: I Want To Start POS Business by hammendable: 7:38am On Apr 21, 2019
gurujoe:
Don't use any other financial institution that's not interswitch (quickteller) from experience. If you have money start with them. Thier new POS is now #65,000 The only disadvantage is that it doesn't accept Visa debit card but it paypoint platform takes all card.
First Monie is very good their POS is superp and reliable. Their POS accept Visa debit cards. The only disadvantage is their network hitches and charges.
Closa Access (Diamond) POS is guru in processing only Visa Access (Diamond) cards. The network is fast and service reliable. Only disadvantage is that it takes only Access(Diamond) cards.
Merchant POS could also be used in POS business it accept all cards only disadvantage is that is not an instant creditation it takes 24hours.
Note: Having business name is added advantage in getting these pos.

this is insightful thanks. the quick teller pos can get to you in how many days? am in Ilorin
Re: I Want To Start POS Business by 4words: 8:33am On Apr 21, 2019
gurujoe:
Don't use any other financial institution that's not interswitch (quickteller) from experience. If you have money start with them. Thier new POS is now #65,000 The only disadvantage is that it doesn't accept Visa debit card but it paypoint platform takes all card.
First Monie is very good their POS is superp and reliable. Their POS accept Visa debit cards. The only disadvantage is their network hitches and charges.
Closa Access (Diamond) POS is guru in processing only Visa Access (Diamond) cards. The network is fast and service reliable. Only disadvantage is that it takes only Access(Diamond) cards.
Merchant POS could also be used in POS business it accept all cards only disadvantage is that is not an instant creditation it takes 24hours.
Note: Having business name is added advantage in getting these pos.


I was almost setting up one and someone told me it's not profitable, you did barely break even. That if I make up to 50k a month after expenses then I am lucky. 50k is just ridiculous to me.

Please how true is this. Thanks
Re: I Want To Start POS Business by hammendable: 9:05am On Apr 21, 2019
4words:




I was almost setting up one and someone told me it's not profitable, you did barely break even. That if I make up to 50k a month after expenses then I am lucky. 50k is just ridiculous to me.

Please how true is this. Thanks
if I can make 50k in s month, its not totally ridiculous considering its flexibility.
Which carrier were you processing then?
Re: I Want To Start POS Business by adeyemo001: 12:40pm On Apr 22, 2019
If you have anyone with a passion for POS business and ready to meet my lawyer and sign a legal contract agreement + civil servant as guarantor, I can fund this business and we can be on percentage/profit, provided the person can furnish me a well POS business plan for this. , then contact me.

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Re: I Want To Start POS Business by gurujoe(m): 4:48am On Apr 23, 2019
hammendable:


this is insightful thanks. the quick teller pos can get to you in how many days? am in Ilorin
Maximum of two weeks if you do your calculation well.
Before purchasing the POS on their paypoint platform call interswitch if they have the POS in stock.
Quickteller have a representative in almost the 36 states so, if you are registering for first time as an agent they can assist you.
Make sure your registered agent phone number is available.
Re: I Want To Start POS Business by gurujoe(m): 5:09am On Apr 23, 2019
4words:



I was almost setting up one and someone told me it's not profitable, you did barely break even. That if I make up to 50k a month after expenses then I am lucky. 50k is just ridiculous to me.

Please how true is this. Thanks
In business what work for Mr A may not work for Mr B. And that is while one need to be caculative in business.
In the POS business what matter most is the good location. If you are in good location you make that 50k in two days from experience.
Another thing you also consider is the distance to the conventional bank. I'm saying this because distance also play a good role in determining your charges.
Population is important because it determines your turn up in the business.
Re: I Want To Start POS Business by aywagze(m): 6:05am On Apr 23, 2019
INTERSWITCH Financial Inclusion Services Limited (IFIS) is the division of the interswitch group which has the responsibility of making financial services more inclusive especially to the unbanked population of Nigeria.

Make good profit when you become a Quickteller Paypoint agent to offer these services:
- Sell Airtime.
- Send & Receive Money.
- Pay Electricity Bills.
- Renew Startimes, GOtv & DSTV Subscription.
- Pay Insurance Premiums.
- Redeem Lottery/ Gaming Winnings.
- Settle Retail Taxes.
- Fund Mobile Wallet etc..
- You Only need ANDROID Phone OR Interswitch POS.
- ...for more inquiries.
Phone: 0 8 0 6 7 8 8 7 8 4 7
Whatsapp : 0 8 0 6 6 8 8 7 8 4 7


⚠️⚠️you must have an existing business location⚠️⚠️
Re: I Want To Start POS Business by hammendable: 8:10am On Apr 23, 2019
Thank you all. I will try interswitch
Re: I Want To Start POS Business by hammendable: 8:11am On Apr 23, 2019
adeyemo001:
If you have anyone with a passion for POS business and ready to meet my lawyer and sign a legal contract agreement + civil servant as guarantor, I can fund this business and we can be on percentage/profit, provided the person can furnish me a well POS business plan for this. , then contact me.

how can you be contacted?
Re: I Want To Start POS Business by adeyemo001: 10:15am On Apr 23, 2019
hammendable:


how can you be contacted?

Send me an email: akeemadeyemo001@gmail.com
Re: I Want To Start POS Business by Daphilly(m): 12:45am On May 12, 2020
If you have anyone with a passion for POS business and ready to meet my lawyer and sign a legal contract agreement + civil servant as guarantor, I can fund this business and we can be on percentage/profit, provided the person can furnish me a well POS business plan for this. , then contact me.

Please contact me I am planning to set up POS in my area but money is my problem. I believe we can work together. 08131119113 my number. Thanks
Re: I Want To Start POS Business by MGDIMA4: 2:56pm On May 12, 2020
Ok
Re: I Want To Start POS Business by user32(m): 3:57pm On May 12, 2020
Daphilly:
If you have anyone with a passion for POS business and ready to meet my lawyer and sign a legal contract agreement + civil servant as guarantor, I can fund this business and we can be on percentage/profit, provided the person can furnish me a well POS business plan for this. , then contact me.

Please contact me I am planning to set up POS in my area but money is my problem. I believe we can work together. 08131119113 my number. Thanks

Your location sir
Re: I Want To Start POS Business by Famouslabod(f): 9:03pm On Jun 18, 2020
Daphilly:
If you have anyone with a passion for POS business and ready to meet my lawyer and sign a legal contract agreement + civil servant as guarantor, I can fund this business and we can be on percentage/profit, provided the person can furnish me a well POS business plan for this. , then contact me.

Please contact me I am planning to set up POS in my area but money is my problem. I believe we can work together. 08131119113 my number. Thanks
Your location
Re: I Want To Start POS Business by adeyemo001: 1:11am On Jun 29, 2020
Famouslabod:

Your location

akeemadeyemo001@gmail.com
Re: I Want To Start POS Business by adeyemo001: 1:11am On Jun 29, 2020
user32:


Your location sir

akeemadeyemo001@gmail.com
Re: I Want To Start POS Business by biggy12: 5:01am On Jun 29, 2020
Are you a student? Do you need additional source of income ?? Do you know you can work from home during a time of Corona like this and make cool cash,Struggle no more...
Organizations are laying off staffs but forever is recruiting.Learn how to make money through digital marketing of forever living product ,all you need to start is your laptop, phone, advertisement money to reach clients which u are not paying to me and your seriousness. Am not collecting any dine from you. Interested persons should Dm me

https:///jzs60e

I cant wait to have you in my team
Re: I Want To Start POS Business by Daphilly(m): 6:04pm On Oct 01, 2020
Famouslabod:

Your location

I live on the Lagos Island. Ajah precisely. You can whatsapp me on 08131119113. Sorry for the late response.
Re: I Want To Start POS Business by atop1(m): 8:02am On May 29
Here is an interesting article i have found.

How to start POS business in Nigeria (Get POS fast) it also have a FREE online you can take
https://posbusiness.com.ng/how-to-start-pos-business-in-nigeria-get-pos-fast/

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