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Nairaland Forum / Nairaland / General / Business / What Are The Requirements For Getting A POS Machine? (153749 Views)
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Re: What Are The Requirements For Getting A POS Machine? by rayval(m): 10:36am On May 08, 2017 |
iMerchant: fee differ. depending on the merchant category. churches, schools, wholesale , saloon etc.. have different charge rate per transaction |
Re: What Are The Requirements For Getting A POS Machine? by lizarazus(m): 10:53am On May 08, 2017 |
you must operate a current account. then, apply to your bank to use a pos terminal and you are good to go. everything is free. just that you will have to negotiate a transaction charge on the terminal(1.75% OR 0.2%, depending on?). 1 Like |
Re: What Are The Requirements For Getting A POS Machine? by gpmorgan: 11:04am On May 08, 2017 |
1. Maintain account with the bank. ( I always advice savings account , cos of excess COT Charge) 2. Approach the Bank Branch (branch where the account is domiciled is recommended) 3. complete the POS request form and sign off the Service level Agreement with the bank. 4. Deployment and support is free of charge, but there is charge on transaction based on the nature of your business. whole sale 0.2%, hotels 1.25%, general merchants 0.75 %. 5. @ FirstBank, we deploy within 7 days both outside Lagos and our support is 24/7. for further inquiries, inbox me. at Firstbank, we put U first. 2 Likes |
Re: What Are The Requirements For Getting A POS Machine? by jist2day: 11:50am On May 08, 2017 |
Hello fellow nairalanders, I need retail/sales App/software for retailing in a chain of supermarkets and pharmacy company,for retailing and easy accounting purposes. It should also have good pos interaction Contact me on whatsapp if you're a vendor 08175246439 |
Re: What Are The Requirements For Getting A POS Machine? by Harrymig1(m): 2:34pm On May 08, 2017 |
deniguy01: I've got one...let me in on the biz 1 Like |
Re: What Are The Requirements For Getting A POS Machine? by projet: 4:22pm On May 08, 2017 |
damosade:Please can u share more light about agency banking you said. |
Re: What Are The Requirements For Getting A POS Machine? by ayusco85(m): 8:04pm On May 08, 2017 |
dahdah: Sorry for the late reply, was at work. Mcash is better than POS in that u get paid using a ussd code, just by dialing *402*your unique code*Amount #. No need of data, instant and u can use any phone, even China phone or torch light phone. U get instant credit. |
Re: What Are The Requirements For Getting A POS Machine? by dahdah: 10:12pm On May 08, 2017 |
ayusco85: That also means the person that wants to pay me must also have his/her own unique code which I think can only be gotten through bank. Thanks Sir, I appreciate. |
Re: What Are The Requirements For Getting A POS Machine? by ol2012: 9:43am On May 09, 2017 |
cosade:Thanks for your advise But I'm wondering, will I also be "held responsible" if a customer pays me for goods sold/services rendered with stolen cash? Or how am I supposed to know a debit card is stolen if the cardholder supplies the correct pin when making payment with my POS terminal? |
Re: What Are The Requirements For Getting A POS Machine? by ol2012: 9:49am On May 09, 2017 |
dahdah: http://www.mcash.com.ng/ You'll get all info you need about mcash by opening that link |
Re: What Are The Requirements For Getting A POS Machine? by cosade(m): 10:13am On May 09, 2017 |
ol2012: You're likely to be questioned by the law enforcement officers. This is why it is a good practice to have a CCTV installed in your business premises. With this, you'll have the evidence that an exchange (of goods and services) took place and you have the picture of the customer. In a situation the business cannot afford to install a CCTV it would be good to take the alternative measures to protect yourself, such as taking electronic pictures of the customers like commercial banks do when large sums of money are withdrawn. This additional measures may look burdensome but when you think of "police wahala" in situations like this, then no measures taken would be too much. My take. 1 Like |
Re: What Are The Requirements For Getting A POS Machine? by dahdah: 3:21pm On May 09, 2017 |
ol2012:Thanks |
Re: What Are The Requirements For Getting A POS Machine? by ultrazone(m): 9:38pm On Jul 14, 2017 |
POS charges: |
Re: What Are The Requirements For Getting A POS Machine? by odimbannamdi(m): 3:44pm On Aug 20, 2017 |
ayusco85: i am interested in knowing more about this. Can we chat? |
Re: What Are The Requirements For Getting A POS Machine? by raphaelpius: 12:53pm On Oct 31, 2017 |
Please your contact details (quote author=gpmorgan post=56318121]1. Maintain account with the bank. ( I always advice savings account , cos of excess COT Charge) 2. Approach the Bank Branch (branch where the account is domiciled is recommended) 3. complete the POS request form and sign off the Service level Agreement with the bank. 4. Deployment and support is free of charge, but there is charge on transaction based on the nature of your business. whole sale 0.2%, hotels 1.25%, general merchants 0.75 %. 5. @ FirstBank, we deploy within 7 days both outside Lagos and our support is 24/7. for further inquiries, inbox me. at Firstbank, we put U first.[/quote] |
Re: What Are The Requirements For Getting A POS Machine? by raphaelpius: 12:55pm On Oct 31, 2017 |
Please your contact details, |
Re: What Are The Requirements For Getting A POS Machine? by raphaelpius: 12:58pm On Oct 31, 2017 |
[quote author=gpmorgan post=56318121] please your contact details |
Re: What Are The Requirements For Getting A POS Machine? by bhankymyk(m): 5:09pm On Oct 31, 2017 |
Please can I get a POS terminal that will be deducting a specific amount of money, on every transaction. Ur responses are needed. Thanks |
Re: What Are The Requirements For Getting A POS Machine? by udeh3(m): 5:33am On Dec 21, 2017 |
gpmorgan: Presently, I lived in Benin but planning to open a business in Delta State. Can I register for POS via firstbank Benin? |
Re: What Are The Requirements For Getting A POS Machine? by tolumyti: 11:06am On Feb 15, 2018 |
adollyboy: adollyboy: adollyboy:how much is the minimum amount you should have in your first bank Acc and can it be individual savings Acc or compulsory business Acc |
Re: What Are The Requirements For Getting A POS Machine? by Emdee590(m): 6:06pm On Apr 12, 2018 |
Please anyone using pos for recharge card Biz here ? Please answer asap |
Re: What Are The Requirements For Getting A POS Machine? by skydancer: 3:45pm On May 02, 2018 |
Emdee590:How do you mean? Buyers pay with POS? |
Re: What Are The Requirements For Getting A POS Machine? by Emdee590(m): 2:22pm On May 03, 2018 |
i mean you print the card out and sell skydancer: |
Re: What Are The Requirements For Getting A POS Machine? by skydancer: 2:28pm On May 03, 2018 |
Emdee590:Oh, that has nothing to do with POS na |
Re: What Are The Requirements For Getting A POS Machine? by chyldvoodoo: 10:55pm On Jul 18, 2018 |
Please I need insight on POS that accepts foreign credit cards, majority of my clients are foreigners. What do I need to get it and if you have one can you please signify. I'll appreciate your assistance 2 Likes |
Re: What Are The Requirements For Getting A POS Machine? by refugee: 8:13pm On Nov 03, 2018 |
Pls reach me. ..08077444242 gpmorgan: |
Re: What Are The Requirements For Getting A POS Machine? by felixawe(m): 8:59pm On Mar 17, 2019 |
sassygal: They aren't for business alone. Make sure ur account must be current |
Re: What Are The Requirements For Getting A POS Machine? by sassygal(f): 8:36am On Mar 18, 2019 |
felixawe: That response is 5years old. It was valid then. Please don't jump into conclusions just because a lot of changes has happened. |
Re: What Are The Requirements For Getting A POS Machine? by AdeOracle(m): 10:56am On Mar 18, 2019 |
sassygal: Sure you need run a current account . Best is to apply as an agent,... thats agent banking from any bank that handles that. First bank will be better just that they can delay atimes |
Re: What Are The Requirements For Getting A POS Machine? by felixawe(m): 5:29am On Mar 19, 2019 |
sassygal:I have pos... Just for the purpose of research , which is inexhaustable. No info is old someone needs it. |
Re: What Are The Requirements For Getting A POS Machine? by cifo1145(m): 5:57am On Mar 19, 2019 |
klipse: Your email is not accessible. If u are on WhatsApp let's chat on the Ts n Cs 1 Like |
Re: What Are The Requirements For Getting A POS Machine? by kentochi(m): 9:39pm On Mar 21, 2019 |
I need first bank pos |
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