This thread is only for POS vendors and others who are willing to start up a POS business.

In this thread, we the POS vendors can exchange information and other reliable information here.
We support each other too. If it is possible we can also have our Whatsapp group for POS operators.

Where are our POS operators on Nairaland

Thank God I found this thread.
Pls I am looking to open a POS spot in my area. Which pos machine do you suggest I use for a start and how much is needed for the start up?
What are the pros and cons
Since it is now saturated, is there still gain there like before? Help a brother out

Newuser007:
Thank God I found this thread.
Pls I am looking to open a POS spot in my area. Which pos machine do you suggest I use for a start and how much is needed for the start up?
What are the pros and cons
Since it is now saturated, is there still gain there like before? Help a brother out

To me i would suggest you get Moniepoint or Palmpay Pos machine Honestly i'm in apprenticeship as of now , so the POS machine i use is Firstmonie POS of Firstbank. Believe me i have nightmare abi na daymare with this POS.
That's the reason why i created this thread since i didn't see one belonging to POS vendors

Newuser007:
Thank God I found this thread.
Pls I am looking to open a POS spot in my area. Which pos machine do you suggest I use for a start and how much is needed for the start up?
What are the pros and cons
Since it is now saturated, is there still gain there like before? Help a brother out

But i do know someone who will help you.

iwillnevergiveup:


To me i would suggest you get Moniepoint or Palmpay Pos machine Honestly i'm in apprenticeship as of now , so the POS machine i use is Firstmonie POS of Firstbank. Believe me i have nightmare abi na daymare with this POS.
That's the reason why i created this thread since i didn't see one belonging to POS vendors

Yeah I think palmpay & moniepoint are good according to my findings.
Also I never knew there is apprenticeship in this business ooo
Is there anything someone needs to learn aside deposit and withdrawal?

Newuser007:

Yeah I think palmpay & moniepoint are good according to my findings. Also I never knew there is apprenticeship in this business ooo Is there anything someone needs to learn aside deposit and withdrawal?

no not on POS. PoS is just apart of our business

iwillnevergiveup:


But i do know someone who will help you.

Help me as in?
Someone that will enlighten me about it right?

Newuser007:
Help me as in? Someone that will enlighten me about it right?

Yes

iwillnevergiveup:


To me i would suggest you get Moniepoint or Palmpay Pos machine Honestly i'm in apprenticeship as of now , so the POS machine i use is Firstmonie POS of Firstbank. Believe me i have nightmare abi na daymare with this POS.
That's the reason why i created this thread since i didn't see one belonging to POS vendors

Can you share what causes the nightmare with your experience using Firstmonie?

Also like to know what you generally lookout for when deciding the Best POS Machine to use.
I need this info for my intending POS business

NettyNelly:


Can you share what causes the nightmare with your experience using Firstmonie?

Also like to know what you generally lookout for when deciding the Best POS Machine to use.
I need this info for my intending POS business

one is network instability.
Two isnot being able to refund someone's money back when the POS shows declined and the person was debited.
There aremany other points that shows why i do not recommend Firstmonie POS machine.
As for the best POS machine to consider, i think Moniepoint,palmpay and Opay POS is better

iwillnevergiveup:


one is network instability.
Two isnot being able to refund someone's money back when the POS shows declined and the person was debited.
There aremany other points that shows why i do not recommend Firstmonie POS machine.
As for the best POS machine to consider, i think Moniepoint,palmpay and Opay POS is better

So basically, Moniepoint, palmpay and Opay POS have the best network stability right?.

That means network stability depends on the Bank that owns the POS terminal right?
Not on the POS broadband features (assuming some POS machines like Moniepoint and OPay has 4G capabilities, while others are 3G)

NettyNelly:


So basically, Moniepoint, palmpay and Opay POS have the best network stability right?.

That means network stability depends on the Bank that owns the POS terminal right?
Not on the POS broadband features (assuming some POS machines like Moniepoint and OPay has 4G capabilities, while others are 3G)

Thank you for this thread, am just starting this POS business in Lagos and my connect is telling me to start with Firstmonie POS, that they have the best commission at the end of the day and its the lowest charges available. I asked if the commission is based on anything or number of transactions and he said nope. Also, does the POS delong to me or firstmonie is renting it to me, hope they won't come and collect it afterwards if I don't meet up. POS purchase is N25,000.
Please help a brother so I don't waste money.
THank you