Skip to main content

HOW TO START A POS BUSINESS (DEPOSIT AND WITHDRAW)

Before starting up a POS business you will consider your capital I think 200k should be ok exclusive of shop rent.

     Here are the business equipment


1. Bank account
2. Capital
3. POS machine
4. Android phone
5. Shop, kiosk or outlet


  • Now you have an account or you just open a new one
  • You have up to 200k as your capital,  note not all bank I think for fidelity you might need up to 1m . Skye bank, first Bank, Diamond current account, Gtb bank business account is still more preferable 
  • You have your phone capable of browsing for money transfer 
  • You might rent a shop, manage with someone, or even an umbrella but make sure you have a banner to show what you are into
Note: though the collection of POS machine might be free but there is a charges of 0.75 on every transaction

Enter into any bank ask for  customers center or your account officer

ZENITH BANK
Zenith bank, you will need to have held your current account for at least 6 months prior to your application.
The application form requests the full business name, the business owner account number, the business email address, phone numbers and other minor details, and processing takes 72 hours. You could email the form to possupportunit@zenithbank.com and also copy Zenithdirect@zenithbank.com .
Zenithdirect@zenithbank.com is also the contact e-mail address to note if you have any problems.
The business owner will then be required to sign a POS agreement document with the bank. Upon approval, the POS terminal is delivered in less than two weeks to the business address indicated on the form.

GTBANK
In Guaranty Trust Bank, only current account owners qualify to receive POS terminals. Account owners must have held their accounts also for at least six months, just like Zenith Bank. The form is then  emailed to
sme@gtbank.com or submitted to the account officer. The business owner is also required to sign the agreement form. See a detailed post here .

SKYE BANK
When we were tired of the research, we decided to put calls through. The customer care representative informed us that we could get the POS terminal even with a savings account as far as the relationship officer approved the request. Business owners also only need to fill the application form and the agreement, and then wait 14 days for a response.

NOTE:
Merchants do not purchase the POS terminal. However, there has to be a certain minimum activity to continue enjoying the service which includes routine free maintenance.
The terminals are serviced only through the banks.
There is a charge of 0.75% on successful transactions which is deducted from completed transactions before being credited to your account.
The POS terminals discussed above have card processing capability. There are other functions of the terminal such as recharge card printing, utilities bills’ payments and other applications. The POS terminals used by the ticketing officers in the BRT couldn’t accept our debit cards, so an application was installed to make it possible.

If this article has help you in any way kindly send message to Chosen484@gmail.com or 08147445159 

Comments

Post a Comment

Related post

LEARN HOW TO TRADE ON GOLD

LEARN ABOUT GOLD INVESTMENT ROI IN 7 DAYS OR 10 DAYS Join Goldforex invest in gold,get interest  not just from the rise in the value of Gold but from real life sales.Earn huge profit with us,We have a huge list of professional sales reps around the world.Join us today and change your life with us https://goldforex.shop/signup?ref=Chosen4 Minimum investment $10 Chat me up on Whatsapp so as to add you to the group 08147445159 MGS GOLD Invest in MGS gold and receive 20 - 30% of your investment between 10 days https://www.mgsource.org/register.php?ref=Chosen4 READ MORE . . . .
Post a Comment
Read more

salary without work

The whole financial world is a pyramid! How is the financial world organized? It is a pyramid. The Fed the U.S. Federal Reserve System is at the top of it. The Fed creates dollars. How much? As much as they want! Of course, Fed adhere to some of their own internal rules and regulations; they try, for example, not to create too many dollars to prevent complete devaluation of the currency, and etc. But in principle the Fed can create as many dollars as they want. At least, there are no any external limitations for that. Absolutely! The U.S. Fed is guided solely by the reasons of expediency. The lower levels of this global pyramid are the central banks of different countries; all other local national banks are situated on even lower levels. (Of course, all of this is slightly simplified, but in general everything reflects an overall picture). Actually, why do we need banks? Speaking figuratively, banks play the role of blood vessels in the social organism. Through these vessels the mone
Post a Comment
Read more

recharge card business

Forget all the story what you need is a laptop, a printer A4 paper then you are good to go step 2; you will buy a software package which will be install on your laptop and you will pay training fee of 8000. for those that does not have laptop and printer this is your quotation. laptop 25000 printer 20000 training fee 8000 A4 paper 1000 Total = 54000 step3: you will buy pin from your choice network e.g mtn 95naira for 1 etisalat 90 naira for 1 and Glo 90 naira for 1 ,but the lowest amount of pin you can purchase is 10 pieces which is 9500 for mtn 9000 for etisalat and glo the more you print the more you make money contact me for further enquiry 08147445159
Post a Comment
Read more