How To Get Opay POS in Nigeria

How To Get Opay POS in Nigeria

How To Get Opay POS in Nigeria – The demand for a quick and dependable payment system, which increased during the recent financial crisis, has positioned OPay as the go-to for the supply of finance-related services that assure customer pleasure; as a result, the search for how to acquire an OPay POS in Nigeria has been on the rise. If you’re wondering how to obtain the OPay point of sale (POS), here’s a rundown of the basic steps you’ll need to follow.

How to Apply for OPay POS Machine

Owning an OPay Point of Sale gives you the opportunity to become a “mini-bank” for your immediate neighbourhood. OPay POS business is a lucrative means to earn a living in Nigeria today and to get an OPay POS machine means you are ready and willing to become an agent of the Chinese-backed Fintech company, and you already have an active OPay account. Follow these steps to get OPay POS machine in Nigeria:

  • If you are an OPay app user, you will first need to upgrade your KYC level to KYC 3
  • Visit the OPay website, look for “Business” on its title bar and underneath it, select ”Merchants”
  • Click on “Create an Online Merchant Account”
  • Click on “Create a POS Merchant Account”
  • Fill out the OPay POS registration form with your correct details
  • Upload the required documents
  • Take a snapshot of your business station and upload it
  • Then, submit your application for review
READ ALSO  Oracle Call Center Software Review, Features, Pricing, How To Download, How To Use

Requirements for getting an OPay Pos include:

  • An active OPay account
  • A valid bank account
  • A bank verification number (BVN)
  • Valid ID card (Voter’s Card, National ID Card, Driver’s License, International Passport)
  • A recent utility bill
  • Your bank account statement

Types of OPay POS Machine

  • OPay Smart POS Machine – It is a touchscreen card terminal that works on an Android system. This type of OPay POS stores its data in the cloud and is highly secure and encrypted. The POS has a printer and it processes diverse functions, including checkout withdrawals, scan code function, airtime/data top-ups, etc.
  • Traditional OPay POS Machine – It is the first type of POS machine on OPay. It comes with a portable printer, screen display and a keypad. Its major difference from the smart POS machine is that it stores its data locally on a hard drive which means that if the system crashes, gets stolen or destroyed, the data may be lost forever.
  • OPay Mini POS Machine – This is the most portable and durable type of OPay POS machine. OPay Mini POS doesn’t print receipts on its own except you buy an external printer. To use this type of POS for transactions, you will need to connect it to your Android phone using Bluetooth, then insert your card by the side of the machine and complete your transaction. However, this machine does not have a printer for your receipt
See also  10 Best Loan Apps In Nigeria

What Is OPay POS Machine Price or Is It Free? 

Getting OPay POS in Nigeria is not free at all. However, the application for the POS machine is ABSOLUTELY FREE. The latest official price for OPay POS machines is N50,000 for OPay Smart POS, N35,000 for OPay Traditional POS, and N8,500 for OPay Mini POS.

READ ALSO  15 Best Marketing Cloud Software 2023

OPay POS Charges 

OPay POS charges and commission structure vary by the volume of the transaction done via the terminal. This could range from 0.5% to 0.6% per transaction. You could be charged as low as 0.5% if you are using the OPay mini POS

OPay POS Commission Structure For Data Top Up.

  • MTN = 3% commission.
  • Glo = 4% commission.
  • 9Mobile = 4.5% commission.
  • Airtel = 4% commission.
READ ALSO  15 Best HR Software for Small Businesses 2023

OPay POS Commission Structure For Utility Bills.

  • DStv = 2% commission.
  • GOtv = 2% commission.
  • PHCN = 2% commission.
  • StarTimes = 2% commission.

Is There an OPay POS Daily Target?

The answer to this is “No”. To target more agents, OPay removed its initial target plan for its agent. This means that you will not need to meet any target after paying to own any of its three POS machines. However, you must note that OPay will block your POS automatically if you did not use it for 6 days in a row.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *