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4 best POS machine in Nigeria 2021
If you are looking for the best POS machine in Nigeria, then look no further. We have compiled a list of the 4 best POS machines on the market right now.
You will find many different price ranges and features to suit your needs. These machines can be used in any business that is high volume or low volume so you are guaranteed to find one that suits your needs!
What is a POS Machine?
A Point-of-Sale (POS) machine is an electronic device that you can use to sell goods and services. They are best used in daily business transactions.
POS machines can be in the form of a cash register, computer, touch-screen monitor, or even an iPad.
Some benefits to using POS systems are that they keep track of inventory and simplify your accounting. They also allow you to accept credit cards for payment which is convenient for customers who don’t have enough cash on them! POS systems often come with an integrated customer database so it’s easy to identify loyal clients too.
Best POS machine in Nigeria
OPay POS Machine
If you are looking for a POS machine that best suits your needs, then the OPay POS machine is one of the best options available.
This device costs N20,000 and can take card payments with its built-in chip reader! It has an easy-to-use interface which makes it perfect for both experienced business owners as well as beginners. The machine comes with 12 months warranty so if anything goes wrong within this time period, you will be able to have any repairs done free of charge by their customer service team.
The best part about this product is the fact that you get lifetime technical support from them too! You don’t even need to pay extra for this amazing feature.
Moniepoint POS machine
With Moniepoint, your options are endless; the door to becoming a mobile money agent in your community, providing essential monetary services such as cash transfer and withdrawal, as well as airtime top-up with multiple network service providers, is wide open.
Moniepoint is a safe platform; in fact, its POS terminal is not only safe but also quick, ensuring that consumers have no unsuccessful transactions.
Moniepoint POS machines are typically free as long as you are their agent and complete their requirements, but if you don’t want to wait, you may walk into their office and buy one for yourself for 25,000 nairas instead of going through the lengthy process of getting a free POS machine.
Kudi POS machine
Kudi is a fintech firm based in Nigeria that is registered with the Corporate Affairs Commission. Kudi has offered all of her agents the most trustworthy and best ATM for those who need to perform quick transactions on POS devices.
Kudi is not only launched in Nigeria, but it also has outlets in Kenya and Ghana, and it is rapidly expanding throughout Africa.
Because Nigeria’s cashless policy is gaining traction, Kudi has introduced Agents that will help you make withdrawals and deposits using your ATM card.
You can obtain Kudi POS machine by waiting to meet their requirements or buying their POS machine if you don’t want to wait for long.
Firstmonie POS machine
Customers in unbanked or underbanked areas can handle financial requests through registered agents and established enterprises using FirstBank’s official service, Firstmonie.
What you can get done with firstmonie POS machine:
- Open a FirstBank account
- Deposit Money
- Withdraw money from any Bank
- Send money to any Bank
- Pay Bills
- Buy Airtime
- Enroll for BVN
Requirements to get Firstmonie POS machine
- As a private individual, you must have at least N50,000 in working capital for the POS business. If you have a registered business name, however, you should have a minimum of N250,000 in working capital.
- You must have been able to keep your first bank account operational for at least one year before applying. Your application-regularly receiving and sending money in your first bank account for a year
- You should be able to designate a location for your business. It might be your store or any other vacant space (whether rented or owned by you)
- In the course of doing business, you should demonstrate your ability to provide financial services to as many people as possible.
There are a lot of benefits to using POS machines, to help you find the best machine for your business in case you want to be an agent, we’ve compiled our list of the 4 best POS machine in Nigeria
I hope this post will be helpful as you decide which one is right for your needs. Which is your favorite?Follow us on social media