How to start POS Business in Nigeria

POS business can be otherwise known as agent banking business. It involves the transfer of funds, withdrawal of funds, sale of recharge cards and bill payments like GoTv, DSTV, Startimes, and NEPA Bill services.

This business is an extension of services offered by financial institutions like banks through which customers get convenience. Therefore the fee you charge customers for this services is called convenience fee.

The central bank of Nigeria in a bit for financial inclusion has thrown open this opportunity. An avenue to create wealth.

Why POS Business in Nigeria is Profitable

This business involves much liquidity, what this means is that you must have readily available cash to give out. Because customers will come more for withdrawals than fund transfers. The services you will be offering includes;

Withdrawals
Fund Transfers
Bill payments
Sale of Recharge cards or Top up to all networks without buying vouchers and Most likely Account Opening

If you'll like to know how to get your MPOS in a day and start this profitable business. Drop your phone number or Send a WhatsApp message to Zero eight one eight four three five five four seven four.

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