Please, fellow Nairalanders, it's urgent. I need you to enlighten me on how POS business works.
I'm planning to start the business, but I don't even know the way to go about it.
Can you guys put me through and guide me on the capital needed to start the business and is it profitable? Thanks in anticipation for your responses.

Will try to write something here later tonight. I am into this presently.

mascotblaze:
Will try to write something here later tonight. I am into this presently.

Thanks man... Please I'll be expecting your write-up.

i think d business don cast

ublight:
i think d business don cast

Why you talk so? We don't have any point at the area I stay for now and banks/ATM is far...

preshlacute:

Why you talk so? We don't have any point at the area I stay for now and banks/ATM is far...

That's the first hurdle you've crossed

mascotblaze:

That's the first hurdle you've crossed

Yeah man, but how do I go about getting the POS machine and like how much will it cost me?

preshlacute:

Yeah man, but how do I go about getting the POS machine and like how much will it cost me?

POS business is a very lucrative business and as such you can't run at a loss unless you misappropriate your capital. It's a business that can guarantee you 3k to 10k daily. I know this and I am presently into the business.

From experience I'd advice you get a 3rd party POS machine (paycentre #14k, opay #30k - 40k, Kudi #75k). Any of those 3 will do but paycentre most times have network related issues, opay is good but Kudi has the strongest network of them all.

Requirements for getting POS

You'll get in touch with an existing agent or the customer care, tell them you'd need to get their POS machine, you'd need to get ready the following:
Passport
I.D card
Utility bill
#14,000
A preferred account number of your choice
A very good smartphone

preshlacute:
Please, fellow Nairalanders, it's urgent. I need you to enlighten me on how POS business works.
I'm planning to start the business, but I don't even know the way to go about it.
Can you guys put me through and guide me on the capital needed to start the business and is it profitable? Thanks in anticipation for your responses.

op drop ur number let's linkup

Amaso99:
op drop ur number let's linkup

hmmm

i go like try this one too o

Try and go for opay because of their good network, since I have been using it, I haven't experience any withdrawal issue, it will cost u 20k to get their POS.

olamidarsenal:
Try and go for opay because of their good network, since I have been using it, I haven't experience any withdrawal issue, it will cost u 20k to get their POS.

Good one..... Is that the price for the Android POS?

mascotblaze:


POS business is a very lucrative business and as such you can't run at a loss unless you misappropriate your capital. It's a business that can guarantee you 3k to 10k daily. I know this and I am presently into the business.

From experience I'd advice you get a 3rd party POS machine (paycentre #14k, opay #30k - 40k, Kudi #75k). Any of those 3 will do but paycentre most times have network related issues, opay is good but Kudi has the strongest network of them all.

Requirements for getting POS

You'll get in touch with an existing agent or the customer care, tell them you'd need to get their POS machine, you'd need to get ready the following:
Passport
I.D card
Utility bill
#14,000
A preferred account number of your choice
A very good smartphone

Thanks so much for the info... I'll try to get in contact with an Opay agent I know...

Amaso99:
op drop ur number let's linkup

you can call me, that's my number 09038134459

preshlacute:

Thanks so much for the info... I'll try to get in contact with an Opay agent I know...

That will be better....

Please do the first right thing:

"Register a business name for it"

olamidarsenal:
Try and go for opay because of their good network, since I have been using it, I haven't experience any withdrawal issue, it will cost u 20k to get their POS.

Just 20k...?

preshlacute:

you can call me, that's my number 09038134459

ok

Anjela001:
Please do the first right thing:
"Register a business name for it"

Yeah, someone also told me about that, what's the major reason for that...?

olamidarsenal:
Try and go for opay because of their good network, since I have been using it, I haven't experience any withdrawal issue, it will cost u 20k to get their POS.

Hi,
Is it instant deployment of POS if I pay the 20k??
I am on the verge of paying, but need to be sure..
Regards

please if I pay 20k, what is the commission like and at what point will the POS become mine.

Carmal90:



Hi,
Is it instant deployment of POS if I pay the 20k??
I am on the verge of paying, but need to be sure..
Regards

I was given d POS the day I paid d 20k at their office in Ikeja, Lagos. I was using their application for like a month and half, then they called me to come to their office with 20k to collect d POS

olamidarsenal:


I was given d POS the day I paid d 20k at their office in Ikeja, Lagos. I was using their application for like a month and half, then they called me to come to their office with 20k to collect d POS

I was expecting you to say this.... You are not buying OPAY POS for 20k.... The 20k is for damages or whatever they call it. You can download their app on playstore and start running transfers.... There is a criteria for selecting who qualifies for their POS based on number of transactions and total sum you did in a month. Once you meet up that target, opay representative will call you and you'll go pick up the POS with your 20k. Meanwhile, once you register on opay and you start transacting, you'd be called within the first week of usage to guide you and lay out their requirements for you to understand

olamidarsenal:


I was given d POS the day I paid d 20k at their office in Ikeja, Lagos. I was using their application for like a month and half, then they called me to come to their office with 20k to collect d POS

Thanks for this information.
What are you using the application for if I must ask?
Because here people are more inclined to withdrawal than depositing.

Carmal90:


Thanks for this information.
What are you using the application for if I must ask?
Because here people are more inclined to withdrawal than depositing.

For transfer, airtime, tv subscription like gotv, dstb, startime. The more u use d app, the better your chances of getting d POS.

Alternatively, u can go for PAYCENTER with just 14k

olamidarsenal:

For transfer, airtime, tv subscription like gotv, dstb, startime. The more u use d app, the better your chances of getting d POS.

Alternatively, u can go for PAYCENTER with just 14k

Heard pay center network is not too good.
Thanks for the info sir.

I heard agent can't transfer on Kudi POS , what's the way out for a new agent going into POS business with Kudi machine as his/her first machine

I was doing a bit of research on this POS business and I came across baxi.com

They are into bills payment aswell, they have thier office in lagos.

You can check them out.

I've been trying to contact paga, the idiots don't reply mails or pick calls. Opay requirements are cut throat (you must have performed transaction of over 1M in the past 3 months...inflow and outflow...where my papa wan see that Kain money ? I be armed robber ? )

i think pay center is the easiest point of entry

olamidarsenal:


I was given d POS the day I paid d 20k at their office in Ikeja, Lagos. I was using their application for like a month and half, then they called me to come to their office with 20k to collect d POS

Pls does it have any specific amount that has to b run on their app before d Pos can be gotten cos I was called for d pos before this lock down started but due to no movement issue, I couldn't go for it.Now that there is relaxation, they have given someone I knew recently but haven't get back to me.