₦airaland Forum

CorrectionFLuid:
Speak for yourself. You are wicked and evil.
That's also why you want government to ban it because you failed. You now want everyone to fail too. You are wicked and evil. You said it not me.

You are wicked arm robbers for encouraging them to add money on what they have already getting too much again, you are thief, criminals stop it before the wrath of God comes up on you... Wicked soul, God punishes you.

ArtEdge:
Have you ever done business in your life before??

You are very wicked for encouraging them to add money on what they are already having huge profit, let me tell you go and look for another thing to do, this POS business will not last, we are in the system and we know what is happening...

IamANigerianMan:
I don't know why some of you don't do research before make comments, Nigerians are greedy, these POS companies charge them flat rate as low as N20, some N10 for every transaction, even if government decided to add N50 now, it is still N70 or N60, they still gain N130 or N20 for transaction of N10,000.. I blame government in all this, how can they allow this for a long time... No country allow everything to free like Nigeria

why you no tell all your family members to be doin pos,mumu

IamANigerianMan:
Mercy on what? These guy are charged between N10 and N20 for the transaction of N10,000 and above, if government decided to add N50, they still gain N130... We are the problem don't bring God, we are wicked and evil... So the gain or profit of N130 is not enough... Government should ban that nonsense if they add a dine...

mumu what you are saying is not correct,stop fooling yourself here

IamANigerianMan:
Nigerians and MUMU are just 5and 6, you know how much is the profit of MTN , glo, Airtel from N1000 recharge card you bought, their gain 50kobo, do you know how much Dangote get from one bag of cement as a profit N250... But these people pay their workers... The company that gave them POS charge N50 according to you... These companies has a lot o workers, and others service providers but you without any service getting x3 of that money... Go and sleep a beg , your type will blame government tomorrow.

U forgot to add yourself dat is always defending the government ontop ordinary 30k stipend 😂😂😂Ur own stupidity no get definition.

millionboi2:
why you no tell all your family members to be doin pos,mumu

Mumu go and look for business to do, I am in the system that POS is for a while.... Government does not task because those companies are owning by those guys in CBN... You never see anything... How can Opay, Monies point etc operate in Nigeria without tax... You go pay whether you like it or not.

IamANigerianMan:
Mumu go and look for business to do, I am in the system that POS is for a while.... Government does not task because those companies are owning by those guys in CBN... You never see anything... How can Opay, Monies point etc operate in Nigeria without tax... You go pay whether you like it or not.

Yes i go pay,so dat apc go see 30k stipend give you for your online rant,mumu man😂😂😂😂

I still don't understand why so many ATMs are not functioning anymore.

I hardly use POS before that paw paw headed Emefiele messed up the country with their new currency, now I depend on POS.


there was a country

IamANigerianMan:
You are wicked arm robbers for encouraging them to add money on what they have already getting too much again, you are thief, criminals stop it before the wrath of God comes up on you... Wicked soul, God punishes you.

You said it yourself that you are wicked and evil. Then you proved it by calling on government to take away people's means of livelihood.

From experience, people who first call on God are usually the wicked and evil ones. You are wicked and evil just like you said. And it is you that your God will punish.

ufotunang:
..that is the renewed hope they were telling nigerians about

Very wicked government

AntiChristian:
The aim of a successful business especially a POS biz is to have as many customers as possible to break even! You gain 150 on every 10k if you charge 200.

CAC registration is a one off transaction. Then yearly you can be tax based on your declared profit. If you make no profit you won't be taxed!

All your expenses would have to be deducted before you are taxed.

The Business won't die off! Those who can't compete will be the ones to die!
It's the survival of the fittest as usual!

It seem you have low comprehension.

You won't gain 150 naira on 10k considering the cost of getting cash and rent you pay for space and other things and you make it sound very easy like it is so easy to get customers unless you are lucky to be in a very busy area, even busy area have low patronization with bad economy in Nigeria, i see many Pos stand at popular locations shutting down all the time, most POS are in the streets and local area with little patronization and at most 50k to 100k capital.

And with the rate of inflation in Nigeria, you think 150 naira profits on 10k is something, you are really delusional.

What about the risks involve in the business? POS operator are being robbed and killed or even scammed, a lot of them lose a lot of money to scammers and fraudsters. You think getting 150 naira per 10k worth all those targets on their back with the inflation in the country ? why don't you go start it if it's so easy.

Most Nigerians are hypocrites, unless you are the one affected or involve you don't care.

AntiChristian:
Engage appropriately! The essence of the POS business is to get as many as possible customers as you can. Even if it is 100 that's charged per 10k you'll still make your profit with your clientele base!

Mention the five different levies that are consistent charged and not one off?

If you want to be wicked, be wicked intelligently! #100 on 10k?

Agbado has turned your brain and cassava has blocked your eyesight. Think! must you be shallow?
Won't they pay staffs? Won't they rent spaces and shops? Won't they subscribe? Won't they live too? Is the cost of living cheaper?

#100 in 50 places is only 5k. Can 5k per day sustain a family of 3?

I don't look down on people but I'm forced to look down on you. You are very daft! Even if you're not broke, you deserve to be broke!

IamANigerianMan:
You are very wicked for encouraging them to add money on what they are already having huge profit, let me tell you go and look for another thing to do, this POS business will not last, we are in the system and we know what is happening...

What system are you in??

So I be pos operator😂

Ur ment is just menting Sha

Have you heard of operation cost? Abi no be humans like you dey do the Pos

Do you know they buy the monies they sell to you also?

Profit is revenue less expenses in economic terms but in agbado terms it is revenue minus wetin government take out 😂

Emco1:
You will definitely stop using it because they will surely increase it. The POS are really trying, they will be charged for each transaction from the head office of their terminal, they will run around in other to get cash. They will pay for kiosk, feed their family. So they have to increase it in other to survive.

Some of them are greedy, don't forget that. If they don't make a lot of gains, you won't make a step without seeing POS terminal.

By the way, if the banks and ATMs are working, many won't be needing their services, they will go find valuable skills to learn, just like it's obtainable in many countries. POS is not a skill.

Jostoman:
Very wicked government

.. Tinubu APC government is all about tax, levies, rice pallative... nothing else he can offer.its a pity . renewed shege everywhere

Pluto33:
Source: https://dailytrust.com/pos-operators-lament-electronic-levy-may-hike-charges

🤣🤣🤣🤣

No be only Salt......Na atarodo una for put....

IamANigerianMan:
I don't know why some of you don't do research before make comments, Nigerians are greedy, these POS companies charge them flat rate as low as N20, some N10 for every transaction, even if government decided to add N50 now, it is still N70 or N60, they still gain N130 or N20 for transaction of N10,000.. I blame government in all this, how can they allow this for a long time... No country allow everything to free like Nigeria

That's why I don't patronize those bloody POS operators...... .

I only use the ATM or Enter the bank or online transfer ......

Dalohad:
Nigeria should start thinking about pulling out their monies from the bank and doing business cash-only.

20 years ago, these greedy buffoons were always lamenting that 85% of Nigeria are unbanked, as they do not have bank accounts, never knew they were only lamenting so that they can get their hands on people's money.

Fast forward to today, they are frustrating bank account owners with all manners of levies, fees and charges....enriching themselves only....Criminals.

Pull your funds out and stop feeding their greedy..

So we go back to the era of armed robbers,even cash handling isn't cheap.....tell me one proper country in the world that still manifestly depend on cash transactions.

Jostoman:
If youths come out to protest now they will say they want to distabilize their government.

Very wicked government, they can not create Job for their citizens but they will like to destroy and frustrate those that are struggling to survive with small business.

Let me tell you my friend.....every country that has been successful today depends on tax to provide good governance......there is no easy soft approach to get to the better Nigeria we all seek except we are responsive to our civic responsibilities as citizens.

When you pay tax you can hold the govt responsible for any misgovernance,take a look at Kenya,the people had the power to protest and the govt had to listen because it is a majorly tax driven economy.....if the govt depends on your tax to survive,they would ensure you or your business is productive enough to keep being able to pay those taxes by providing you social amenities and better life for the citizenry.

But here in Nigeria the govt doesn't care about you because your taxes are too meagre for them to rely on compared to crude oil which they have absolute control over and the people also don't care about the govt because they have no real stake in the country.

AntiChristian:


100 on 5k...

200 on 10k..

300 on 15k...

400 on 20k..

If FG collect 50 on 10k and above you still no go gain at all?

As a POS operator which tax do you pay directly to the government?

Work on having many high profile clients or having a lot of low profile clientele.

POS COMPANIES WILL STILL TAKE THEIR OWN CHARGES.
When you do 20k for #300, a pos Company
will charge you #100 electronic charges #50 only #150 Left. You will pay for space, data, transport to business location.
Normally, pos Companies charge #5 for every 1k and operator withdraws.
From 20k above they charge #100

Centrik360:
POS COMPANIES WILL STILL TAKE THEIR OWN CHARGES.
When you do 20k for #300, a pos Company
will charge you #100 electronic charges #50 only #150 Left. You will pay for space, data, transport to business location.
Normally, pos Companies charge #5 for every 1k and operator withdraws.
From 20k above they charge #100

Yeah i understand!
That's why i said they should get more clients to offset this!