Getting a Moniepoint POS terminal is considered by most business owners to be the first step towards a more modern and ultimately safer way of handling payments to your business.

A POS terminal is a device that allows businesses to securely process in-person transactions, such as credit and debit card payments. This can help improve the customer experience by providing a quick and easy way for them to pay for their purchases.

Why do you need a POS for your business?
One of the biggest advantages of using a POS terminal is that it can help reduce the risk of fraud. Moniepoint POS terminals are equipped with advanced security features, such as encrypted payment processing and the ability to flag suspicious transactions. This can provide peace of mind for both your business and your customers.

Not only do they make receiving payments from your customers a seamless and secure process, but they also offer proof of payment to make bookkeeping easy for your business. By adding one to your business, you also give your customers the ability to pay with their cards or make a transfer in the event they don’t have enough cash.

Why you should get a Moniepoint POS
Besides being renowned for having the most stable network in Nigeria, there are many reasons why 90% of business owners choose a Moniepoint POS to power how their business accepts payments. A few of these reasons are:

Secure payments that protect you and your customers
Easy-to-use operating system
Instant dispute resolution whenever you need it
Compatible with all cards
Long-lasting battery
Accepts card and transfer payments
What Are The Requirement for a Moniepoint POS Machine
To get a Moniepoint POS, first, you need a Moniepoint business account. Click here to learn how to open one.

Now that you have a Moniepoint Business account, It’s time to learn how to get yourself a POS! With a Moniepoint POS, you can accept both transfers and card payments for your business easily and without stress.

3 Rules to know before getting a Moniepoint POS
If you are wondering how do I get a Moniepoint POS machine, you need to know that before you are allowed to get one, there are 3 important rules you need to know:

Despite paying for a Moniepoint POS, you don’t own it. Moniepoint leases you the POS, so you don’t have to spend heavy capital to have a terminal for your business.
Moniepoint cares about your business growth. So we encourage you to process a minimum of N80,000 in transactions daily. If your POS can’t hit this target, it is considered underperforming and you risk it being reassigned.
Proper handling of a Moniepoint POS doesn’t go without its benefits. If a Moniepoint remains in great condition when it is retrieved, we will reward you with N10,000.
Moniepoint POS Charges and Commission Structure
Moniepoint charges a flat rate 0.5% of the transaction amount for withdrawals between N1 to N20,000

They charge a flat rate of N100 for transactions above N20,000

They charge a flat rate of N20 for transfers

Moniepoint gives a BOs cashback of up to #20 on withdrawals and #5 on transfers.

For airtime, they charge 2% for all networks.

There is no charge placed on bill payments.

How to get Moniepoint POS Machine for your business

Read the rest of the article here: https://blog.moniepoint.com/how-to-get-a-moniepoint-pos/