₦airaland Forum

Hi!

Getting a Kudi POS terminal, or machine like a lot of people call it, is not as difficult as you may think.

First, it's important to understand where to get it from.

It's advisable to contact a registered aggregator or Super Agent who will not only provide you the terminal, but will also give you a brief rundown on how to use it and even activate it for you.

Next, you need to understand the price, so you don't get cheated. The average price is usually 20,000 to 25,000 probably due to transportation costs. For instance, I set my price at 20,000 for customers in my immediate environment.

Finally, you need to understand the charges involved. These charges change with the level you're in. And these levels are determined by the volume of your transactions in a month.

For the lowest level, the charge for deposit/transfer is a flat fee of 20 naira with a commission of 25 naira.

For withdrawal, the charge increases with the amount being withdrawn.

Kudi withdrawal charges for Bronze Merchant ( less than 3Million
transaction volume in the last 30 days )

N1000 charges is N6

N2000 charges is N12

N3000 charges is N18

N4000 charges is N24

N5000 charges is N30

N6000 charges is N36

N7000 charges is N42

N8000 charges is N48

N9000 charges is N54

N10,000 charges is N60

N11,000 charges is N66

N12,000 charges is N72

N13,000 charges is N78

N14,000 charges is N84

N15,000 charges is N90

N16,000 charges is N96

N17,000 charges is N102

N18,000 charges is N108

N19,000 charges is N114

Any amount above N20,000, the charge is N120

As far as I can remember, that's all you need to know.