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Are you interested in discovering other loan apps? As we all know, not all financial loan platforms give a good interest rate to their customers. The best financial loan services would give instant payment, small yearly interest rates, and a reasonable repayment time frame. Some of the well-known loan apps are: 1. Fair Money 2. Quick Check 3. Palm Credit 4. Carbon (Paylater) e.t.c. You can find more details on the best instant loan apps in Nigeria. |
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POS agents, businesses and kiosks seem like something that will be around for a very long time as financial inclusion becomes a hot topic in Africa. However, the lucrativeness of this business has led to the fast-rising number of agents we see everywhere, literally, it is becoming difficult not to find one in any street you find yourself in; while this is good for the average Nigerian, the consequence it for other operators is that the profitability of the business may drop drastically, then there may not be any incentive for people to continue with it in the long run. Nevertheless, the business remains profitable and would continue to be so for the next few years. Here are some challenges you need to keep in mind as you consider venturing into this business: 1. Security Challenge: This is one of the main challenges that most POS agents face in Nigeria. Insecurity issues ongoing in some areas and environments in Nigeria have prevented most Nigerians from actively engaging and being profitable in the business. 2. Network Challenge: POS agents make use of the point of sale terminal device either the traditional or mobile device and this device requires network coverage for its operation. The network has been one challenge that these POS agents face. 3. Lack of trust: Due to the rise of fraudulent and criminal activities ongoing in Nigeria, Some Nigerians no longer trust POS agents. Find more insights on how to start a POS business and become profitable. |
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