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Share Your Experience As A POS Vendor - Business (7) - Nairaland

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Re: Share Your Experience As A POS Vendor by omojesu202(m): 8:11pm On Jun 10
CrazyCrane:
I love to patronize just one guy in my area.
Unfortunately,he wasn't around so I decided to patronize his neighbor,she was even rude to me......... undecided
I told her I wanted 35k
After the transaction,no receipt lipsrsealed
Went home to pick my box cus I was traveling.
Got to my destination I no see debit alert o
After 4days the money was still intact..
Came back home only to find out she's no longer there...
2months later,I saw her in a busy market and I called her,madame snubbed me o shocked
I walked up to her,she said she can't remember me.
I told her that there's a time she did a transaction for me and it didn't patch through but she paid me......... Pls can you give me your account number to refund you.
She was speechless smiley
Lie Mohammed, well done
Re: Share Your Experience As A POS Vendor by Emmbanny(m): 8:20pm On Jun 10
teresafaith:

ok, so how do i apply for it,
From the app or what?

ANY statement of account involved?
Re: Share Your Experience As A POS Vendor by authority2006(m): 8:31pm On Jun 10
Mekoss:
Well...I did 3 years in the business, for me as a vendor I’m done... I don’t think there will ever be another 2020 again... where we really made good money... I have had my share of good bad and the ugly... currently facing the bad, cos I was SHOT Yes... I’m well known In my community, I have branches... but I think I’m done... I was robbed 3 times (lots of money) but I also made lots of money
I just left the hospital, my girlfriend say make I no do again... so na to relocate, start new hustle,....
please create trend for UBer and BOLT... I don buy my Corolla ��

I would have started this business long time ago and had several outlets but the thought of getting robbed or killed discouraged me. The money is in it according to my people doing it even now that it is everywhere. Cultists are killing and robbing people freely these days, #Endsars protests outcome. Let me stick to my transport business.
Re: Share Your Experience As A POS Vendor by 2chymex: 8:34pm On Jun 10
I just paused my own POS. Instead of my money to be increasing, it keeps reducing. Note: I have a sales girl, I see her transaction yet My account don't balance....I find it difficult to balance my transaction especially since I use ZENITH POS machine.
The thing just dey weak me.
Who here has a solution to my predicament.
Yes, I forgot to mention that I do an average of 10 persons in this location.

Again, who here has a solution to my predicament?
Re: Share Your Experience As A POS Vendor by mercyymai(f): 8:35pm On Jun 10
CrazyCrane:
I love to patronize just one guy in my area.
Unfortunately,he wasn't around so I decided to patronize his neighbor,she was even rude to me......... undecided
I told her I wanted 35k
After the transaction,no receipt lipsrsealed
Went home to pick my box cus I was traveling.
Got to my destination I no see debit alert o
After 4days the money was still intact..
Came back home only to find out she's no longer there...
2months later,I saw her in a busy market and I called her,madame snubbed me o shocked
I walked up to her,she said she can't remember me.
I told her that there's a time she did a transaction for me and it didn't patch through but she paid me......... Pls can you give me your account number to refund you.
She was speechless smiley

I wish the person that went with my 20k is like u. My sales girl did a transaction. Dhe didn't check if approve or decline and she gave the lady 20k. I still they pray God touch the person heart becos it was actually insufficient balance and she gave her 20k

4 Likes

Re: Share Your Experience As A POS Vendor by ucheszona: 8:37pm On Jun 10
2chymex:
I just paused my own POS. Instead of my money to be increasing, it keeps reducing. Note: I have a sales girl, I see her transaction yet My account don't balance....I find it difficult to balance my transaction especially since I use ZENITH POS machine.
The thing just dey weak me.
Who here has a solution to my predicament.
Yes, I forgot to mention that I do an average of 10 persons in this location.

Again, who here has a solution to my predicament?
Chat me up for Advice 08105718847

1 Like

Re: Share Your Experience As A POS Vendor by authority2006(m): 9:00pm On Jun 10
Kaybaba5:


I have lost more than 160k to pos scammers as a vendor...
Nevertheless I thank God for everything


You just shared the ugly side, what about the good side of it? I guess that's "I thank God for everything".

1 Like

Re: Share Your Experience As A POS Vendor by authority2006(m): 9:04pm On Jun 10
OhiOfIhima:
You need to overlook people appearance if you want to succeed in POS job... I commend your courage madam.
That was how my neighbor sister who just finished writing her waec fell a victim on d April 21, inside fasting fa.. 17 yrs old girl for that matter. The man dressed in army uniform and wanted to withdraw 100k.. He made a transfer n msg was sent to the girl but due to the fake army excess hesitation n unease attitude, the little girl was full of frightening n was unable to check if the money added to her acct balance. She gave d fake army 100k n he vamous. Not knowing it was fake alert. By d time she checked her alert, the money was not added to her acct balance. Her sister cry eeh n I pit d woman because she is just a primary sch teacher. People wicked gor this world oo..

This happened too in my area, people using army's uniforms to intimidate inexperienced POS vendors
Re: Share Your Experience As A POS Vendor by teresafaith(f): 9:07pm On Jun 10
Emmbanny:
ok, so how do i apply for it,
From the app or what?

ANY statement of account involved?
Download the app on playstore and speak to their customer agent from there.

When they give you the pos, your total transactions reflect on their server that's how they monitor your account activities for the 3 months duration
Re: Share Your Experience As A POS Vendor by SplendidE(f): 9:14pm On Jun 10
FalseProphet1:
It used to be a good business as far back as 2015, I did my youth service at Ebuwanna Edda in afikpo south in 2015, and a POS guy at Owutu Edda back then was the only person servicing the whole villages in afikpo south local government. Today it's in every nook and cranny of your environment thereby limiting your profits, not mentioning running into debts as a result of fraudsters constantly patronizing you. I see the business fizzling out, I see large crowds lining up in banks for deposits and withdrawals like old times.

This I have seen.



I Served in Amangwu Edda 2017
I know the man at Owutu Edda
He used to make lotta money back in those days
I don't know about now

2 Likes

Re: Share Your Experience As A POS Vendor by Princewell2012(m): 9:18pm On Jun 10
Dagenius53:
After reading comments I just realised one guy was once in my office who showed me a fake alert of 40k, maybe he thought I was stupid that I won't check my own side before giving him. And as a smart guy, I don't even use alert to receive value, I only check transaction on my bank mobile app. This guy left and said he will come back(so this is the fake alert people do talk about!! Wow! Have never experience one before)

I'm in students area, just imagine borrowing a female student who was stranded to go school with just 500# and after two weeks the girl keep posting me till I tracked her to her lodge, come and see how I embarrassed her in her lodge that day ehn.


To know more about POS business, contact me privately.

someone do transfer to me I received alert an the person left my office. And I said let me confirm if the transfer is genuine, I quickly rushed to a pos close to me to make a withdrawal, but tried several times to take money but to no avail. It was just saying issue in operative. I was just sweating profusely, I just remember that I have a Gtb app on my phone.
When I logged in behold the money was there intact.

Yes I would like to go into the business, more guide lines would be appreciated.

Thanks.

1 Like

Re: Share Your Experience As A POS Vendor by authority2006(m): 9:21pm On Jun 10
pocohantas:


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 cheesy.

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. lipsrsealed

That was gang up na. E no good o
Re: Share Your Experience As A POS Vendor by pocohantas(f): 9:34pm On Jun 10
authority2006:


That was gang up na. E no good o

Hahaha. It was… cheesy cheesy
Re: Share Your Experience As A POS Vendor by Ryan03(m): 9:39pm On Jun 10
Refinedbeing:
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
go for opay and firstmonie/wema bank pos. Very good network. Truth is , there is no terminal that won't experience Network glitches, but some are just too often. Avoid kudi and kolomonie as much as you can

2 Likes 1 Share

Re: Share Your Experience As A POS Vendor by Ryan03(m): 9:42pm On Jun 10
2chymex:
I just paused my own POS. Instead of my money to be increasing, it keeps reducing. Note: I have a sales girl, I see her transaction yet My account don't balance....I find it difficult to balance my transaction especially since I use ZENITH POS machine.
The thing just dey weak me.
Who here has a solution to my predicament.
Yes, I forgot to mention that I do an average of 10 persons in this location.

Again, who here has a solution to my predicament?
fire that sales girl and sit in that shop for a month. You will see the truth

7 Likes 1 Share

Re: Share Your Experience As A POS Vendor by Ryan03(m): 9:46pm On Jun 10
authority2006:


I would have started this business long time ago and had several outlets but the thought of getting robbed or killed discouraged me. The money is in it according to my people doing it even now that it is everywhere. Cultists are killing and robbing people freely these days, #Endsars protests outcome. Let me stick to my transport business.
there is no business without risks, even provision shops in some areas gets robbed. Find good location (areas close to police station are the best), pay your local vigilante, open by 7:30am and close by 5:30-6:00pm, Don't take money home, put good key in your shop, be vigilant. Above all, pray

4 Likes 1 Share

Re: Share Your Experience As A POS Vendor by MummyD2020(f): 9:55pm On Jun 10
Enyimbamercedes:
A friend narrated this scam that was used on them and i thought to share.

A well-spoken elderly lady came to withdraw 85,000 naira. The amount was typed into the terminal and given to her to enter her PIN. She acted like she was adjusting her glasses and moved a distance to enter her PIN due to what the operator thought was too much sun glare.

Unknowingly, the lady cleared the amount entered initially , changed it to 8,500 naira, entered her PIN and returned the terminal. The POS operator did not look at the receipt and gave the woman 85,000 naira.

A lot of scammers see POS operators as easy targets for scams which is really terrible considering the slim profit margins. A scam like the above one can wipe out 2 months profit!

I hope they caught the useless thief
Re: Share Your Experience As A POS Vendor by Ryan03(m): 9:56pm On Jun 10
Pastev1:
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.

My Goody
The truth is that i don't lack transport to work, offering n bottle of water daily

Bad.
Debtor n bagger refused to patronize neither refund the debt, in fact they will even turn ur enemy.

Urgly.
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...
thank you. There will be losses and gains. My sales boy did transfer of 2k to someone, it showed failed, he didn't confirm from me before repeating the transaction again. Both were successful on my app and the guy claimed he only received it once, that was how I lost 2k.

Another time, I transferred 3k to someone, after 2days, the person claimed to not see the transfer and I re-did the transfer. I contacted my customer care but was told the money have been delivered to her account. Till date, aunty denied the issue, wanted to follow her to her bank but I was really busy at work then

I also imputed 4k instead of 40k. I paid the lady 40k of which I only withdraw 4k from her account but thankfully, she returned the money without 30mins. I couldn't thank her enough.

Despite all these challenge (which I haven't had in a long time), I make up to 100k-120k monthly. My salary is just 49k monthly, so I can't leave, I have never experienced any robbery attack cause I am close to station and we have vigilante but I know it has been God all through.

This is my third month and God has been faithful. But something I also did, I changed my terminal from kudi to opay and wema bank terminal. If one terminal is always giving you issues, stop managing, kindly go for better options

10 Likes 3 Shares

Re: Share Your Experience As A POS Vendor by profsomebody(m): 9:58pm On Jun 10
Why?
FindX:
The business son tire me. After this year, I will close up all my branches.
Re: Share Your Experience As A POS Vendor by Ryan03(m): 10:04pm On Jun 10
teresafaith:

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
I don't try it, I am not micro finance bank. If you like, nor come again
Re: Share Your Experience As A POS Vendor by Ryan03(m): 10:07pm On Jun 10
matthew080:
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
I am struggling with 3k-5k daily o because of competition. I have almost 10 pos stands around me cry but it is still better than my salary of 49k

2 Likes

Re: Share Your Experience As A POS Vendor by pocohantas(f): 10:21pm On Jun 10
Lovely thread. You guys shouldn’t let this thread die. Keep posting your daily experiences like they do on the Uber thread. kiss

7 Likes

Re: Share Your Experience As A POS Vendor by authority2006(m): 10:32pm On Jun 10
matthew080:
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

Matthew thanking Allah! Okay na

2 Likes

Re: Share Your Experience As A POS Vendor by teresafaith(f): 10:37pm On Jun 10
I'm just wowed!
I never knew there were going to be turn ups like this. thanks to those that contributed their quota, your input has saved a lot of people from incuring debts.

Tomorrow I'll be giving out tips, advice and things to look out for, to those intending to be a vendor.

To other experienced vendors, your contribution will be highly appreciated.

2 Likes

Re: Share Your Experience As A POS Vendor by Nezzjnr: 10:40pm On Jun 10
pocohantas:
Lovely thread. You guys shouldn’t let this thread die. Keep posting your daily experiences like they do on the Uber thread. kiss
I'm enjoying the stories as well

But on the other side.....I heard Yahoo boys have started opening Pos outlets for their babes so as to snap the details of Customers cards.


That's why I'm a bit skeptical about all these road side Pos agents

1 Like

Re: Share Your Experience As A POS Vendor by pocohantas(f): 10:49pm On Jun 10
teresafaith:
I'm just wowed!
I never knew there were going to be turn ups like this. thanks to those that contributed their quota, your input has saved a lot of people from incuring debts.

Tomorrow I'll be giving out tips, advice and things to look out for, to those intending to be a vendor.

To other experienced vendors, your contribution will be highly appreciated.

A babe and more.

I dey your side like evil spirit.

1 Like 1 Share

Re: Share Your Experience As A POS Vendor by teresafaith(f): 10:52pm On Jun 10
pocohantas:


A babe and more.

I dey your side like evil spirit.
grin
Re: Share Your Experience As A POS Vendor by CrazyCrane(f): 11:03pm On Jun 10
.
Re: Share Your Experience As A POS Vendor by profsomebody(m): 11:07pm On Jun 10
What's wrong with Kudi, please? A friend is advising me to get it.
Ryan03:
go for opay and firstmonie/wema bank pos. Very good network. Truth is , there is no terminal that won't experience Network glitches, but some are just too often. Avoid kudi and kolomonie as much as you can
Re: Share Your Experience As A POS Vendor by Ryan03(m): 11:11pm On Jun 10
profsomebody:
What's wrong with Kudi, please? A friend is advising me to get it.
don't, you will regret it in the long run. They always have network issues, debiting customers without paying, transfer deposit is very slow. People will tell you kudi have good customer care but what exactly should I do with your unending apologies? If your are not careful, customers will fight you
Re: Share Your Experience As A POS Vendor by PythonLearner: 11:14pm On Jun 10
Refinedbeing:
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

MoniePoint pos is still the best
Re: Share Your Experience As A POS Vendor by CrazyCrane(f): 11:14pm On Jun 10
mercyymai:


I wish the person that went with my 20k is like u. My sales girl did a transaction. Dhe didn't check if approve or decline and she gave the lady 20k. I still they pray God touch the person heart becos it was actually insufficient balance and she gave her 20k

Reason I felt touched was because I thought she was sacked cus of me.

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