Best POS Agency Banking Platform in Nigeria With the Best Commission Rate 2022

POS machine

Best POS [machine] Agency In Nigeria 2022

POS machine has be the fastest and easiest way to withdraw and transfer money, this is used instead of going to the bank to perform the transaction. Today, I’m going to share with you, Five of the best POS machine in Nigeria with high commission and profit.

When talking about best POS service providers in Nigeria, here are what I’m going to discuss, you can click jump to the content you which to read.

What is POS machine?

Before I go to the primary reasons of this article, let quickly share with you about POS machine.
POS which is also know as point of sale, that is to say, point of sales machine, is a mini hardware computer that accept banks credit or debit card for cash transfer or withdrawal. With POS machine, you can also pay for bills like utility bill, Electricity bill.
POS terminal play a major role in the innovation of the cashless banking objectives as they become a popular means of transacting payment.
POS is a new and valid way to start up business in Nigeria and make money as a small business owner. There are lots of companies and banks that offers POS machine at cheap price and some offer it for free.
In this article, I am going to share with you, best company and banks that offer free and paid POS machine.

Best POS machine in Nigeria

As I said earlier, I will list 5 best POS provide in Nigeria with good commission rate.
Here are the best POS with the best POS terminal in Nigeria

UBA POS Machine

Uba is a large and popular commercial bank in Nigeria and Africa as well, they offer point of sales machine at merchant locations to serve they customer better.
Who are the merchants uba targets?
  1. Any established store where there is trade of goods and services
  2. The merchant must have a permanent address of business
  3. he must complete a KYC form and have an account for direct deposit by the assigned POS
Targeted Industries
  1. Store – Super Market, Pharmacy…..
  2. Refill Station – Gas station, Petroleum station……
What is the minimum size/requirement of merchant business to qualify for UBA POS?
At uba, POS requirement is expensive. Therefore, POS is release to merchants that transact N1,000,000 per month or N35,000 per day.
Features of  Uba POS
  1. Payment for purchase
  2. Balance Enquiry i.e you can check your account balance
  3. Accept all cards
  4. pay utility bills
  5. Merchant have full access to view transactions online
Advantages of Uba POS
Like I said earlier, POS make transacting easy, with uba POS, more sales is generated, buyers spend more with cards. As a merchant with high turnover of N1,000,000 per day, you can have multiple POS machine.

First Monie POS Machine

First monie sponsored by First bank of Nigeria. They are number one trusted commercial bank in Nigeria with high volume of customers.
First monie by First bank of Nigeria offer free POS machine. this is one of the advantages of first monie POS machine.

How to become a First monie Agent?

To become a First Monie Agent, you will have to follow this below requirements.
  1. Create account with first bank
  2. Download first monie app {Available Google play store and apple store}
  3. Do minimum of ten[10] transactions per day, for two to three months.
Once all these process has been passed through, you will be able to request for first monie POS machine.

Kudi POS Machine

Kudi is a financial service provider that focus on providing electronics banking experience with everyone. With Kudi, You can become an agent and make money by providing financial services to your communities easily. Kudi is a profitable mobile money agent in Nigeria and they are also a best way to make money as a small business owner.

How to become a Kudi agent in just 3 simple steps

To become Kudi agent is very simple and easy use.
  1. Download Kudi App
  2. Create an account
  3. Fund your wallets and start transacting

What can I do on Kudi POS machine

Kudi is a seamless payment option that focus on easy transaction in Africa, With Kudi App, You can simply Transfer Money, Sell Airtime, Tv subscriptions, Pay Electricity bills, Withdraw and cashout and data subscriptions. More features will be launched in the nearest future.

How to become a Kudi super agent | How to get the POS machine

You have to become a kudi agent first, and own a sizeable and remarkable network of agent.

OPay POS Machine

OPay is a mobile money agent owned by opera mini, a chinese company that also owned opera news. Opay is now known as one of the best mobile money app in Nigeria.

How to become Opay POS agent?

For you to become Opay agent, you will to download Opay app at google play store and register for agent account. After successful account creation, you will have to upgrade from KYC level one to agent level by providing the necessary document required.
So, after completing the upgrading, you can start to perform some transaction on your account. When the transaction reach a bid of trusting by the opay company, you will be allow to apply for OPay POS machine.  OPay charges rate for 2021 is low.

Moniepoint POS Machine

Moniepoint is one of the best mobile money agent with reliable, fast and profitable free POS machine in Nigeria.
As a Monie point agent, you will be able to make money as a small business owner by providing banking services to customers.
Moniepoint enables you to provide services such as cash transfer, cash withdrawal, Airtime top up, Pay bills. MoniePoint claim to have the best network in town and for that, customer always choose her agent as their favourites in their locations.

Flutterwave POS Machine

Flutterwave is one of the best POS agent in Nigeria with high commission rate.
Flutterwave POS app is an Android POS machine that is used by agent to provide financial service to the community.
The POS accept all bank cards in Nigeria, making it to be one of the best POS machine in Nigeria. And also making it to be a perfect solution for businesses and individual willing to start accepting payment via POS.
As an agent, flutterwave POS app is good for your business, it provide many offers and cash back on every transaction done on it.
Flutterwave POS is certified by central bank of Nigeria(CBN), it can be connected to office or home WiFi, or mobile phone hotspot for internet connection. You can also insert a sim card to it for internet connection.

Conclusion :

Here, I have described the list of five (5) POS machine in Nigeria with good commission rate. These are the five POS terminal i love to use when ever I want to use point of sale  in any shop or super market.
If you have any question or suggestion regarding this article, Please drop your comment or connect with us at our contact page. Promised to reply as soon as possible. If you find this article helpful, kindly share with your friend and family.
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