Best pos machine in Nigeria 2022

Looking for the Best pos machine in Nigeria 2022? offline Point-of-Sale machine in Nigeria? Stop looking! This article tells you about the best offline POS machines in Nigeria so you can learn about the POS business there and choose who you want to work with. All of these 11 POS machines are easy to get, which is a plus.

But before we talk about the best POS machines, let’s first talk about what POS stands for…

Best pos machine in Nigeria

What is the full meaning of POS?

The place and time when a sale is made in a store is called the Point of Sale (POS) or the point of purchase. At the point of sale, the merchant figures out how much the customer owes, shows that amount, makes an invoice for the customer, and shows the different ways the customer can pay.

Types of POS Machine

There are mainly four technologies used at points of sale:

  • Legacy Software (On-Site Server)
  • Terminals for cloud computing
  • Mobile Terminals (mPOS)
  • Terminals for self-service (Kiosk)

The Best pos machine in Nigeria 2022 are listed below:

1. OPay POS Machine

There are a lot of point-of-sale (POS) machines, but the OPay POS machine is one of the best and most frequently used ones. It can be used for a wide range of transactions.

It is one of the Nigerian vending companies that you can easily get for a very low price.

The customer service team can fix any problems with an OPay POS machine for free during the first year after you buy it.

If you decide to partner with them, you also get free technical support for life.

2. Moniepoint POS machine

Moniepoint POS is a business project that was started by a new Fintech company in Nigeria. The company is currently making investments so that it can grow to other parts of Africa.

Stay on this page if you want to learn more about Moniepoint POS.

Moniepoint POS price

The POS machine from Moniepoint is free. But first you have to become an agent by meeting their requirements. This process can take some time, but if you can’t wait, you can find one of their offices near you and buy one for yourself for 25,000. This will save you the time of going through the long process of getting a free POS machine.

3. Kudi POS machine

Kudi is a top international fintech company with its headquarters in Nigeria. It has many locations in Kenya and Ghana and is quickly growing all over Africa.

The fintech giant gives Kudi POS agents permission to do transactions for their customers.

Since Kudi is registered with CAC, trust is not a problem at all.

There is no cost to use a Kudi POS terminal. But you will have to pay 20,000 as a security deposit or caution fee to get one. You must be able to show that you can meet the transaction goal on the POS terminal by giving an end-of-day transaction report or a statement of account.

4. Paga POS

You have to sign up before you can get a Paga POS. You can sign up at www.paga.com or by sending an email to agents@mypaga.com.

Then, choose Agent and click on Become an Agent to get started.

5. Paycenter POS

With the best agency banking solution in Nigeria, the PayCentre “online” POS and mobile app give you the freedom to get and give banking hall services.

You can become a PayCentre agent in a few days if you fill out the form and send it in. You can get to the form through this link.

The goal of PayCentre is to get people jobs. Agents benefit from being able to run businesses that make money and pay them well.

Paycenter POS Add-On Fees

Paycenter POS is a platform that is easy to use and gives you full control and visibility over your business.

6. Baxi Box POS

The Baxi platform has a nationwide network of agents that focuses on communities and areas that don’t have enough financial services.

Baxi Box POS is a platform that makes it easier to make money on every transaction for a wide range of products and gives you access to the value of your investments in real time.

How to be a Baxi Box POS Agent
Call this number, 017008571, if you’re interested in becoming a Baxi POS agent.

You could also contact them through their social media.

7. Firstmonie POS machine

The First Bank Nigeria plc is behind Firstmonie. Customers who don’t have a bank account or don’t have enough money in their bank account can get financial services through registered Firstmonie agents.

According to CBN Nigeria, the most a merchant can be charged for a POS transaction is 1.25% of the value of the transaction, up to a maximum of N2,000.00. Some travel and entertainment businesses, such as hotels, restaurants, airlines, etc., may be exempt from this rule.

How to get a FirstMoney POS machine and what you need to do to get one
As an individual, you need at least N50,000 in working capital for your POS business. As a registered business owner, you need at least N250,000 in working capital.

First bank current account open for at least a year before applying. This means that your first bank account has been getting and sending money for a year.

Give us the address of your business. This could be your store or another empty space you own or rent.

8. Zenith Bank POS Agent

The POS at Zenith bank is quick, safe, and free. As an agent, it only takes a few minutes to get Zenith Bank POS. Before you can become a Zenith Bank POS agent, you must have had a corporate account with the bank for at least 6 months.

Before letting your business use a POS, the bank will also keep an eye on your day-to-day transactions.

zenith bank pos charges

0.75% per transaction. According to CBN Nigeria, the most a merchant can be charged for a POS transaction is 1.25% of the value of the transaction, up to a maximum of N2,000.00. Some travel and entertainment businesses, such as hotels, restaurants, airlines, etc., may be exempt from this rule.

To become an agent for Zenith Bank POS, you need to show the following documents:

Voter’s card, National ID card, International Passport, or driver’s license)
Two to four passport photos
newest bill for services
A current account with Zenith Bank that is already open.
You can get in touch with zenith bank by mail by:

possupportunit@zenithbank.com and also send a copy to Zenithdirect@zenithbank.com.

Get a grant for your business: Current and available grants for businesses in Nigeria (updated for 2022)

9. GTBank POS Agent

In Lagos and other parts of Nigeria, GTBank POS is doing very well. Other than the bank that issued the card, there is no difference in how the POS machine works.

How to get GTBank POS

The first thing you need is a current account that you’ve been using for at least 6 months.

You can walk into any GTBank near you to get an application form, or you can email the bank at sme@gtbank.com.

10. Access Closa Agent’s POS

To become an agent for Access Bank POS, you need to show the following documents:

Voter’s card, National ID card, International Passport, or driver’s license)
Two to four passport photos
newest bill for services
A current account with Access Bank that is already open.
Now that these papers are out there:

Go to the Access Bank branch closest to you.
Request a bank application from an agency.
Fill out the form with the right information and send it in.
Wait for Access Closa Agent’s POS to be approved and picked up.

11. Polaris Bank POS Machine

People with a savings account at Polaris Bank, which used to be Skye Bank, can apply for Polaris Bank POS.

To become an agent for Polaris Bank POS, you need to show the following documents:

Voter’s card, National ID card, International Passport, or driver’s license)
Two to four passport photos
newest bill for services
A checking or savings account with Polaris Bank that is already open.

Now that you have these documents, go to the Access Bank branch that is closest to you.

POS Machine Dealers in Nigeria

  • Neo Hitech Solutions Ltd. (36B, 2nd Floor, Toyin Street, Toyin Street, Ikeja, Lagos, Nigeria) (62B, Opebi Road, Opebi, Ikeja, Lagos, Nigeria)
  • Elite ShieldPro (2, cmd road, ikosi ketu, Magodo, Kosofe, Lagos, Nigeria)
  • Platinum Grade (5, Mojisola Street, Ifako-Agege, Ifako Ijaiye, Lagos, Nigeria) ICT and I (Suite 4, 21, Opebi Road, Opebi, Ikeja, Lagos, Nigeria)
  • The Wamcom Group (5, Medical Road, Adjacent Computer Village, Ikeja, Lagos, Nigeria)
  • Boromax Global Limited (12, Simbiat Abiola Way, Computer Village, Ikeja, Lagos, Nigeria)
  • E-Print Solutions is located at E13/01 Arena Shopping Complex, Bolade, Oshodi Isolo, Lagos, Nigeria.
  • Citiservice Ltd. ( 368, Ikorodu Road, Maryland, Ikeja, Lagos, Nigeria)

Requirements To getting POS Machines From Banks

Before a bank will give you a POS machine, these are the most common requirements they have.

Voter’s card, National ID card, International passport, or driver’s license are all valid forms of ID.
Two to four passport photos
Latest utility bill (either: Nepa invoice, waste administration receipt, water invoice or every other legitimate invoice that exhibits your tackle)
Show your bank that you have an account.
Read also: How to start printing recharge cards in Nigeria in 2021

Price of POS Machines in Nigeria

If you want to know how much POS costs in Nigeria, this part of the article will show you the different kinds of POS and how much they cost there.

 

S/N POS NAME PRICE (N) Requirement
1 Opay mini POS 8,500 naira Any Valid ID card, Nepa bill, and passport.
2 Opay traditional POS 35,000 naira Any Valid ID card, Nepa bill, and passport.
3 Opay Android/Smart POS 50,000 naira Any Valid ID card, Nepa bill, and passport.
4 Moniepoint POS 10,000 Naira Any Valid ID card, Nepa bill, and passport.
5 kudi POS 20,000 Naira Any Valid ID card, NIN, Nepa bill, and passport.
6 Palmpay POS 20,000 Naira Any Valid ID card, Nepa bill, and passport.
7 Baxi mPOS 10,000 Naira Valid ID card, Nepa bill, and passport.
8 Baxi Android POS 30,000 Naira Any Valid ID card, Nepa bill, and passport.
9 Flutterwave POS 10,000 Naira Valid ID card, Nepa bill, and passport.
10 Bankly POS FREE Any Valid ID card, Nepa bill, and passport.
11 Paycentre POS 14,000 naira Valid ID card, Nepa bill, and passport.
12 Surebanka POS 10,000 Naira Any Valid ID card, Nepa bill, and passport.
13 Accelerex POS 10,000 Naira Any Valid ID card, Nepa bill, and passport.
14 NowNow POS Any Valid ID card, Nepa bill, and passport.
15 Firstmonie POS (By First bank) FREE Any Valid ID card, Nepa bill, and passport.
16 Surepadi POS (By Polaris bank) FREE Valid ID card, Nepa bill, and passport, plus a current account with the bank.
17 Zenith Bank POS FREE Any Valid ID card, Nepa bill, and passport, plus a current account with the bank.
18 Access Closa (By Access bank) FREE Any Valid ID card, Nepa bill, and passport, plus a current account with the bank.
19 UBA POS FREE Any Valid ID card, Nepa bill, and passport, plus a current account with the bank.
20 Union Bank POS FREE Any Valid ID card, Nepa bill, and passport, plus a current account with the bank.
21 Heritage Bank POS FREE Any Valid ID card, Nepa bill, and passport, plus a current account with the bank.
22 Stanbic Bank POS FREE Any Valid ID card, Nepa bill, and passport, plus a current account with the bank.
23 GTBank POS FREE Any Valid ID card, Nepa bill, and passport, plus a current account with the bank.
24 Itex POS Any Valid ID card, Nepa bill, and passport
25 ECOSA POS 25,000 naura Any Valid ID card, Nepa bill, and passport
26 Wema Bank POS FREE Any Valid ID card, Nepa bill, and passport, plus a current account with the bank.
27 Parallex Bank POS FREE Any Valid ID card, Nepa bill, and passport, and Maintain a current account with Parallex Bank.

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