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POS Booming Business: How To Start.

One of the business that is fast growing in Nigeria is POS business which is also called Agent Banking business.

Some have also assessed it as being lucrative. In fact, few days ago, I was in a rush to meet up with an appointment. And I need cash urgently. Luckly for me, as early as 8am, a POS vendor has already opened shop.

I made a withdrawal of N20,000 and was charged N250! That was income from one transaction.

Now, Imagine if he does 100 transactions today, he will be making not less than N25,000 income!

What I observed is that, with a good location and network, you stand to make good daily income from this business as a lot of people are embracing this banking medium especially because of its convenience.

With POS business, you can

✓ Make withdrawal,
✓ Deposit cash,
✓ Transfer funds,
✓ Recharge cable & phone,
✓ Pay utility bill, etc.

So how can one start this business?

1. Get a Host:

Your host can be your bank, Paga, Quick Teller, etc. Successful vendors use host like moniepoint, kudi, opay and kolomonie

2. Get a Location:

Identify a place with good human traffic, a place where many people live or do business, and a place with little or no bank presence.

3. Get a POS Machine:

Getting a pos machine is the first stage of setting up your pos business because your terminal have a lot to do with your success in agency banking, you need a terminal with lower charges, swift network and effective customer support

4. Start Advertising Your Business.

Get more people to know you have started small bank around your corner. Put up a banner to that effect. Use words of mouth also. Remember to keep proper records of every transaction made.

You can message me for any brand of pos machines at 0 8 1 84 23 55 14 whatsapp only

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When it comes to agency banking the first thing you need to understand is that I'm here to solve the problem of que in the bank.


in doing this you don't want to cause any problem to your customer that why you need a good POS terminal.


Many times I hear alot of complain from friend about debit issue that some terminal debit there card without the agent seeing the funds and it results for them to visit the bank.


And we all know how Nigeria look like before that issue could be resolved you need to visit the bank several times and you as a agent intend of you solving that problem you are creating more problem.


I won't forget the day my parents send funds to me when I was in school for feeding on weekends


I quickly rush to a nearby agent to withdraw my funds on getting there my card was debited and the agent could not pay me i was deeply agree I wanted to destroy the place.


Because that was my only hope for the weekend

I was really angry people around was pleading me

I called some of my friends who were bad boys then

But I saw the fear in the agent eye saying is not my fault is my bank card they have bad network

I was like why did you tell me

She said how will she no?

That bring us to why you need moniepoints POS terminal they have solve all this issue for you


They have resolved button that reverse customer debit without them visiting the bank

They have live WhatsApp group where you get different bank cards signal to avoid the issue between me and that agent

Charges rate low as N6.50

Swift network

24/7 effective customer service

Instant credit


Stamp duty free transaction
Etc
We do nationwide delivery on this terminal you can contact use zero eight one eight four two three five five one four
On Whatsupp

I will like you to have confidence in transaction not being afraid because of failed debit

Moniepoints terminal will give you that confidence book a chat with me today via my signature or take my number from the second paragraph before this paragraph


See you on top

When it comes to POS business the first thing you need to understand is that I'm here to solve the problem of que in the bank.



in doing this you don't want to cause any problem to your customer that why you need a good POS terminal.


Many times I hear alot of complain from friend about debit issue that some pos terminal debit there card without the agent seeing the funds and it results for them to visit the bank.


And we all know how Nigeria look like before that issue could be resolved you need to visit the bank several times and you as a agent intend of you solving that problem you are creating more problem.


I won't forget the day my parents send funds to me when I was in school for feeding on weekends


I quickly rush to a nearby POS center to withdraw my funds on getting there my card was debited and the agent could not pay me i was deeply agree I wanted to destroy the place.


Because that was my only hope for the weekend

I was really angry people around was pleading me

I called some of my friends who were bad boys to assist me destroy the POS center

But I saw the fear in the POS cashier eye saying is not my fault is my bank card they have bad network

I was like why didn't you tell me

She said how will she no?

I somehow agree with her because she was not a prophetesses

And the POS terminal she was using is not prophet also

But if there is a POS terminal that give you signal about bank debit cards and how strong there network his.

A POS terminal that will tell you that mind your transaction with eco bank they have network issue

That bring us to why you need moniepoints POS terminal they have solve all this issue for you


They have resolved button that reverse customer debit without them visiting the bank

They have live WhatsApp group where you get different bank cards signal to avoid the issue between me and that agent

Charges rate low as N6.50

Swift network

24/7 effective customer service

Instant credit


Stamp duty free transaction
Etc
We do nationwide delivery on this terminal you can contact use zero eight one eight four two three five five one four
On Whatsupp

I will like you to have confidence in transaction not being afraid because of failed debit

Moniepoints terminal will give you that confidence book a chat with me today via my signature or take my number from the second paragraph before this paragraph


See you on top

Can I offer branding on upwork

dmndgdspwr@gmail.com

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