Greetings guys,

I have some cash that are lying jobless in my account and i have decide to use it for good b4 school will re-open.

I decided to do some research on POS business and I found out their are tons of them out their making waves in their locations, agent like FirstMonie, Paga, Opay, PayCenter, Access, FCMB, GTB, UBA etc

Please for those in the business can you guys help or give advise on which agent to apply to and their charges.

>How much can one use to open a POS business?
>Which agent is okay in terms of Charges?
>Do they pay commission to their agent?
>How much can one make in the business on daily basis? etc

You said you have some cash lying idle.
Beware of scam

Meanwhile POS business is not as fantastic as when it started.

Get first money from first bank

kelvine:
You said you have some cash lying idle.
Beware of scam

Meanwhile POS business is not as fantastic as when it started.

More light bro

Mide3367:
Get first money from first bank

Are u an agent?. How is firstmonie diff from other?

kelvine:
You said you have some cash lying idle. Beware of scam
Meanwhile POS business is not as fantastic as when it started.

please can you shed more light on why u said it's not fantastic again

Every street has loads of it(unhealthy competition)
Lagos state plans to Tax POS business soon
Almost all banks suffer network issues almost all the time
Commission too low
Scam from customers is likely if you are not well trained

sulaimon22:


please can you shed more light on why u said it's not fantastic again

Honestly, this business is now bastardized. In a street, you see nothing less than Five(5) POS outlets, giving room for unhealthy competitions. Everyone now wants to go into the business.

kelvine:
Every street has loads of it(unhealthy competition)
Lagos state plans to Tax POS business soon
Almost all banks suffer network issues almost all the time
Commission too low
Scam from customers is likely if you are not well trained

Sincerely bro, you are on point.

That's the major challenge am facing at the moment, I have access to a loan of 1m next month and I'm planning to delve into PoS and phone accessories Business but the competition is making me scared.

Leokinghenry12:

Are u an agent?. How is firstmonie diff from other?

no.. Just suggesting. The one I know about is ready cash

I believe no matter d situation in d business,God no go shame us.
Every business has its own competition. Have u bin to a supermarkt b4, go and check how many bread are bin sold in that session, its much but d bakery still kip baking and distributing