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Is The POS Business Still Profitable? - Business - Nairaland

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Is The POS Business Still Profitable? by Ken4ward: 3:32am On Apr 10
We’re planning buying POS and employ people to manage them but I’m skeptical of it being still profitable as it’s flooded the market and it seems to be saturated. Are there people still in the business and is it still profitable for people who want to come in now?
Re: Is The POS Business Still Profitable? by PoliteActivist: 3:39am On Apr 10
Yes, but dangerous

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Re: Is The POS Business Still Profitable? by Nobody: 4:53am On Apr 10
Ken4ward:
We’re planning buying POS and employ people to manage them but I’m skeptical of it being still profitable as it’s flooded the market and it seems to be saturated. Are there people still in the business and is it still profitable for people who want to come in now?
for you pos machine contact me on WhatsApp https:///s/6043f893f305b
Re: Is The POS Business Still Profitable? by Omihanifa: 5:01am On Apr 10
The business is already saturated, but the only way to thrive in the business as a new comer is to reduce the charges on some transactions

For example there's a POS in my area charges 50naira for every 1k withdrawal. While others still charge customers 100naira for thesame 1k withdrawal.

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Re: Is The POS Business Still Profitable? by heniford2: 5:15am On Apr 10
i want to start it i need POS
Re: Is The POS Business Still Profitable? by Ken4ward: 8:50am On Apr 10
PoliteActivist:
Yes, but dangerous

Could you explain more of the risks? Thanks
Re: Is The POS Business Still Profitable? by Ken4ward: 8:52am On Apr 10
Omihanifa:
The business is already saturated, but the only way to thrive in the business as a new comer is to reduce the charges on some transactions

For example there's a POS in my area charges 50naira for every 1k withdrawal. While others still charge customers 100naira for thesame 1k withdrawal.
Have you an idea of the acreage they make monthly?
Re: Is The POS Business Still Profitable? by Ken4ward: 9:57am On Apr 10
heniford2:
i want to start it i need POS
Have done a related business like this before? Send your number, let's talk.
Re: Is The POS Business Still Profitable? by heniford2: 10:42am On Apr 10
Ken4ward:

Have done a related business like this before? Send your number, let's talk.
08126095698
Re: Is The POS Business Still Profitable? by PoliteActivist: 11:04am On Apr 10
Ken4ward:

Could you explain more of the risks? Thanks

Robbery, kidnapping, etc. U r almost like a bank but without any security

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