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Advice On How To Start A POS Business - Business - Nairaland

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Is POS Business Profitable? / How To Start A POS Business In Nigeria / How to get a POS for ATM cash withdrawal and Deposit business in Nigeria (2) (3) (4)

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Advice On How To Start A POS Business by kinzation(m): 3:53pm On Mar 24, 2021
Hello Everyone,

I’ll like to beg your indulgence in giving me an advise on how to start a POS business.
-The capital [ how much needed to start with]
- How do I get my profit ?

Thank you all as you contribute.
Lalasticlala

Please help me push to the front page

Thanks and God bless the mods
Re: Advice On How To Start A POS Business by Smile5n(m): 5:04pm On Mar 24, 2021
it requires the following:

1. a smartphone

2. top up capital( the money you'll fund your account. you'll use it for your pos transaction)

3. mobile money app.

4 place of business

you can start with the 4 requirements above...you can be managing with your phone. after a month, you should apply as an agent.

as an agent you'll be given a pos for free.
Re: Advice On How To Start A POS Business by kinzation(m): 6:57pm On Mar 24, 2021
Wow
Thanks so much
Never knew I can get a POS machine as a POS agent for a certain bank
Will I pay any amount to the bank ?

Thanks for the initial advise
Smile5n:
it requires the following:

1. a smartphone

2. top up capital( the money you'll fund your account. you'll use it for your pos transaction)

3. mobile money app.

4 place of business

you can start with the 4 requirements above...you can be managing with your phone. after a month, you should apply as an agent.

as an agent you'll be given a pos for free.
Re: Advice On How To Start A POS Business by Smile5n(m): 3:04pm On Mar 25, 2021
bank pos is free.... you have to visit your bank and tell them you want to become their mobile banking agent.

note: you need to have a physical shop before they can accept your proposal.

you can download apps like opay, page, kudi. and start the business at a go.
Re: Advice On How To Start A POS Business by kindlyheart: 4:53pm On Mar 25, 2021
Smile5n:
it requires the following:

1. a smartphone

2. top up capital( the money you'll fund your account. you'll use it for your pos transaction)

3. mobile money app.

4 place of business

you can start with the 4 requirements above...you can be managing with your phone. after a month, you should apply as an agent.

as an agent you'll be given a pos for free.


please do banks give pos machines that can connect to wifi network?
Re: Advice On How To Start A POS Business by kinzation(m): 4:51pm On May 12, 2021
kindlyheart:



please do banks give pos machines that can connect to wifi network?
I don't think so

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