|Join Nairaland / LOGIN! / Trending / Recent / New|
Stats: 2,691,253 members, 6,341,046 topics. Date: Wednesday, 16 June 2021 at 12:22 AM
|Re: Share Your Experience As A POS Vendor by angelfallz(m): 3:17pm On Jun 10|
My goodness, even elders?
|Re: Share Your Experience As A POS Vendor by bigcee(m): 3:17pm On Jun 10|
Mekoss:Baba, na man you be oh. May God bless your new hustle, amen.
2 Likes 2 Shares
|Re: Share Your Experience As A POS Vendor by caandi(f): 3:18pm On Jun 10|
Anything that has to do with money comes with risks.
Even working with the financial sector is worse
I’ve been a victim
Hello lovelies. Please help a sister. Pls support me by watching and subscribing to my YouTube channel by pressing the link bellow�������� it doesn’t take anything from you pls
|Re: Share Your Experience As A POS Vendor by angelfallz(m): 3:18pm On Jun 10|
Lord have mercy!
Which area did this happen? Is it common around there?
Let people know so that others wouldn't fall victim.
|Re: Share Your Experience As A POS Vendor by hope4nigeria(m): 3:18pm On Jun 10|
teresafaith:I will not share because if I do, all of you go begin donate money now now
|Re: Share Your Experience As A POS Vendor by teresafaith(f): 3:19pm On Jun 10|
CrazyCrane:Wow just wow
Your type rare gaan
|Re: Share Your Experience As A POS Vendor by Ukpayahor: 3:20pm On Jun 10|
|Re: Share Your Experience As A POS Vendor by Enyimbamercedes: 3:21pm On Jun 10|
|Re: Share Your Experience As A POS Vendor by Refinedbeing(m): 3:23pm On Jun 10|
Teresafaith thanks for this. Created a thread seeking info about this business. I want to start the business and i need advice on which of the POS is the best to apply for, how to get a POS and other general advice. Thanks
|Re: Share Your Experience As A POS Vendor by hansomb: 3:26pm On Jun 10|
Adesuwag:trying to capture his card details and his password through the lady I guess
|Re: Share Your Experience As A POS Vendor by goldtube(m): 3:26pm On Jun 10|
Bmaster:Hmmm okay so what happens if a stolen atm card is used at your pos terminal, original card holder then filled a claim with his or her bank that he never made such transaction and he wants his money back?
|Re: Share Your Experience As A POS Vendor by Pastev1(m): 3:29pm On Jun 10|
y dear you are on point.
If u no understand wat's involve in business,
pls don't even try to do it.
In Business, u must gain n lose.
The truth is that i don't lack transport to work, offering n bottle of water daily
Debtor n bagger refused to patronize neither refund the debt, in fact they will even turn ur enemy.
I thank God for my small smart sale girl,
a man came n claimed that i sent him to collect moni,
he even dialed diff no., pretended to call me n told my girl
to talk with her boss (me) n d girl told him, tel my oga to call my line.
wen d girl strted to raise her voice, d man ran. it happened 2x.
Also, a customer withdraws 2k once, according to him he got an alert 3x of 2k, 2k n 4k.
We battle to our diff banks till the point d guy brought bad boys to my shop,
at the end, i lost 6k 2dem 4peace 2rain.
But am still on biz, even have more outlets...
21 Likes 2 Shares
|Re: Share Your Experience As A POS Vendor by pocohantas(f): 3:33pm On Jun 10|
There is an Uber thread in Business section. A very active one at that.
Sorry about your experience. Glad you are good now. Abeg no do again because once they start attacking you, they don’t stop. POS vendors and pharmacies na the latest target.
|Re: Share Your Experience As A POS Vendor by Mandyjosh: 3:36pm On Jun 10|
Someone once told me how he was almost scammed during Xmas period.. The first one was fake transfer and the other was withdrawal alert as well. The first man can came to get 50k from his debit card using my friend pos stuff. He was in hurry to take the cash but my friend to he to wait awhile as he is yet to see is pos credit alert, though the guyy in question shown him his own debit alert. While he insisted that he would
part away waitany cash except the see credit alert from this on pos service provider this guy just martay..that was the first guy and 2nd scammer na man.....
|Re: Share Your Experience As A POS Vendor by bigcee(m): 3:36pm On Jun 10|
|Re: Share Your Experience As A POS Vendor by pocohantas(f): 3:40pm On Jun 10|
Terasafaith, you mean Nigerians have turned you guys to microfinance banks (soft loan disbursers)??
Nawa o. Never knew people expect much from POS vendors too.
|Re: Share Your Experience As A POS Vendor by Alimonu: 3:41pm On Jun 10|
Personally, I own eight branches b4 but now I manage only 6.
Let me first start from my bad experiences:
Wen I started,
My first ugly experience was wen a trailer driver that was supposed to give soldiers 20k came to make withdrawal; he was debited for a declined transaction.
He called the military guys that were supposed to collect the money. I tried to explain to them but my explanation felled on deaf �.
The only thing I could do for them not to seize my POS and lock my shop was to pay them the 20k which I did.
The second ugly experience I had was transferring #250k to a wrong account number. What compounded my woes was that the money belonged to chairman of agberos at Alakija Lagos State.
He was the one that gave me space where I erected my container. He was preparing for his dad's burial, so he gave me the money to transfer to his sister. I didn't know the money was transferred to another of my customer's account.
I didn't know the customer bc I just started the business and didn't have any record book.
The dreaded chairman came to me that the sister was yet to see the money and I kept assuring him that it was network. Wen he came for the third time, I called the name for him and he was like: call the name again and I did he asked me who gave me that account number and name?
That was wen I knew that I was in for a big mess. He called his boys and told them what transpired and they all asked me to find his money and send to him.
To God be the glory, it was my GTB bank app that I used since the account was GTB I decided not to use opay.
I called GTB customer care line and they sent an indemnity form to my email address which I filled scanned and sent to them. They froze the account.
To cut the long story short, I borrowed money that night to settle the chairmoo. GTB contacted the owner of the account he said he didn't tell me to send money to his account and he wouldn't come to the bank. Wen they threatened him he gave us option of giving him 20/30% of the money b4 he would authorise them to return the money to me. Wen they further threatened him he went to the nearest branch and did the needful. I sha sent him 5k.
Thirdly, a guy came to my shop and told my attendant to transfer 65k and after he did , the guy gave him 6500. He asked him for the complete money and the customer said he told him 6500 and not 65000. To cut the long story short, the customer told him to follow him to his side which my guy did but the customer took him to cele church that that was where he lived, he told my guy that the money was sent to a girl in Ijebu ode, my guy called the lady the lady was very polite, she promised to return the balance he the money entered. For more than a year they refused to pick our calls. The customer told my guy to give him 5k transportation to go to Ijebu ode. Wen we wanted to arrest him we found out he wasn't living in that church.
Fourth bad experience was wen a man brought 85k to my female worker while I was away, she counted the money and told him it was 85k but the man said no, it was 89k my worker counted the money the second and third time and it was still 85k, the scammer made a call and told the person that the money was 85k that both him and my worker counted the money together. After the call he left and came back immediately and told my worker to transfer the 85k. He handed the girl the black nylon where the money was, and she foolishly dropped the money on the table and transferred the money. Wen the man left she opened the nylon and wat she saw was 100 notes just 15k.
My brothers in the Lord if I continued with the bad experience u won't like to open the business so lemme tell u the gud ones.
I opened the business wit about 70k but today, I have a branch that was giving me at least 30k daily, some branches used to give me 20k, 15 and 10k depending on the location
Remember me talking abt a branch giving me at least 30k right?.
That was then. Now, what I make in that my branch now is 15 to 20k because of competition.
So the major challenge is proliferation of the business. Competition has immensely affected the business.
Just as the op stated, those men in the car that always wish to make transfer and show u app are mainly scammers.
They gave done it to my workers b4. One succeeded in scamming my worker 70k and I made sure she paid me the money bc she knew the rule and decided to do otherwise.
The other one didn't succeed.
Conclusively, the POS business is a very Iucrative business if u have a very good location and the cash.
Lastly, I give out Opay, KUDI AND MONIEPOINT POS.
MY NUMBER IS 07030763978
29 Likes 2 Shares
|Re: Share Your Experience As A POS Vendor by teresafaith(f): 3:42pm On Jun 10|
Refinedbeing:Try applying for an opay android pos
Their charges are 6% on any amount (withdrwal)
10 for deposit from 1k to 5k
20 for deposit from 5.1k to 10k
30 for deposit from 10.1k and above
And you still enjoy 25% cash back from all your commission daily
|Re: Share Your Experience As A POS Vendor by teresafaith(f): 3:47pm On Jun 10|
pocohantas:I don pay gbese tire on top 'abeg borrow me I'll give you back'.
Pos business, you must wicked small or else na village dey call you so
|Re: Share Your Experience As A POS Vendor by amrichy(m): 3:48pm On Jun 10|
Wow... I find this info very valuable
|Re: Share Your Experience As A POS Vendor by Ategberoson(m): 3:55pm On Jun 10|
bro create it, we will back you up on the thread
I've one pencil light Camry in good condition that's hungry for movement at home
|Re: Share Your Experience As A POS Vendor by tasceige(m): 3:57pm On Jun 10|
Wow!!! Thank God for life.
God help us.
|Re: Share Your Experience As A POS Vendor by dave4rella(m): 3:58pm On Jun 10|
I had an opportunity to open the business in my friends motor spare parts shop as an attachment, but I didnt do that, someone else did and attached to his neighbor, now she's cashing out...
Very nice location in a popular junction in lagos
|Re: Share Your Experience As A POS Vendor by pocohantas(f): 3:58pm On Jun 10|
You need to be wicked to do business in this country o. I can only imagine how hard it must be for you. There is this POS guy I use, he runs the business with his wife. They are very polite and would sometimes ask if I am going to the market so they can give me smaller bills .
Anyway, someone opened very close to them, e no reach 1 month, the person close shop. I guess I am not the only one that decided to stick to them, even when they don’t open early.
22 Likes 2 Shares
|Re: Share Your Experience As A POS Vendor by Salt06(m): 3:59pm On Jun 10|
teresafaith:Na wa o. Means the well dressed man was a scammer. Hmmm.... Naija which way.
I Respect you. You really tried
Chai, One can't afford to be emotional/ carried away by people's appearance in business
|Re: Share Your Experience As A POS Vendor by Salt06(m): 4:07pm On Jun 10|
CrazyCrane:wow. That's so sweet of you.
God Bless you
|Re: Share Your Experience As A POS Vendor by matthew080: 4:08pm On Jun 10|
Pos biz is not easy
I started last year July
With just 45k capital after setting my kiosk
Now I got 3kiosk
Make around 20k per day
This biz just overnight turn me to somebody
Presently my capital is around a million
Omo I thanks allah
And the person who introduced this biz I Nigeria,
I will like to know how much other vendors make per day
17 Likes 2 Shares
|Re: Share Your Experience As A POS Vendor by Salt06(m): 4:08pm On Jun 10|
God bless your biz!
|Re: Share Your Experience As A POS Vendor by teresafaith(f): 4:10pm On Jun 10|
pocohantas:My boss wey be say na baba alaanu, before I started working for him he spend nothing less than 10k daily on top this borrow me.
And most of this customers forget or maybe they just don't care that it's this same cash that's needed to run the business.
|Re: Share Your Experience As A POS Vendor by stupidmod3: 4:12pm On Jun 10|
teresafaith:n u no tell oga make e wait then make u arrange boys for am.
ur toosters will b coming many wan chop u, dats all
why borrow, na lending center abi pos center lol
|Re: Share Your Experience As A POS Vendor by setobaba: 4:15pm On Jun 10|
[quote author=Achovich720 post=102579893][/quote]
What’s your offer ??
|Re: Share Your Experience As A POS Vendor by setobaba: 4:16pm On Jun 10|
Ategberoson:Okay will do just that
|Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health |
religion celebs tv-movies music-radio literature webmasters programming techmarket
Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 250