Application, Price & Charges in 2023 » Voice of Nigeria

April 15, 2023 Mary

Looking for information on Paycenter POS Machine? Find out everything you need to know about the application process, pricing, and charges in 2023. Discover the benefits of using Paycenter POS Machine for your business and how it can help you increase sales and improve customer experience. Stay informed and make an informed decision on whether Paycenter POS Machine is the right solution for your business needs.

Looking for information on the Paycenter POS machine? This post has got you covered! Find out the cost, charges, and how to obtain one.

Cashless transactions are becoming popular in Nigeria with the rise of mobile payment platforms. Additionally, POS merchants enable easy access to cash, benefiting them financially on a daily basis.

As a result, POS terminals are highly sought-after, with increasing numbers of people wanting to become agents and businesses desiring quick payment.

The Paycenter POS is a payment solution that is effective for both merchants and businesses. It is particularly useful for agents who can generate significant earnings on a daily basis through its services.

With its ability to process card payments quickly and easily, Paycenter POS is a popular choice among agents looking to boost their income. Furthermore, it offers a range of additional services that can further benefit businesses, making it an attractive option for a wide variety of users.

This post provides a comprehensive guide to the Paycentre POS and its operations. It covers the price of the Paycenter POS machine in Nigeria, how to apply for it, and the supplementary services available through Paycenter. Let’s get started!

About Paycentre POS?

The Paycenter POS machine is a Point-of-Sale device that allows merchants to process debit, credit, and mobile money payments. It facilitates card payments from customers, making transactions convenient and secure.

The Paycenter POS is a compact, portable, and user-friendly device that is suitable for small businesses and agents. Its design ensures convenience and ease of use for efficient transactions.

When it comes to payment processing, security is key. The Paycenter POS machine operates on a network that is both secure and reliable, ensuring that transactions are processed quickly and safely. The machine is equipped with the latest security features to protect both the merchant and the customer’s data.

In addition to security, the Paycenter POS machine offers multiple payment options, such as Mastercard, Visa, and Verve. This flexibility allows customers to pay using their preferred method, while also enabling merchants to easily process transactions. With the Paycenter POS machine, merchants can rest assured that their payments will be processed quickly and securely, while customers can enjoy a seamless payment experience.

Paycenter POS Machine Price

The Paycenter POS machine is available for a one-time fee of N25,000 in Nigeria, which includes the registration fee. However, there is a monthly maintenance fee for using the device.

Once you have obtained the POS machine, you can proceed to register as an agent to start accepting payments. Let’s begin with the registration process.

General Requirements for Paycenter POS Machine

For the Paycenter POS machine application, certain requirements must be met, which are:

Active Bank Account
Valid Bank Verification Number (BVN)
Acceptable means of identification such as Voter’s Card, National ID Card, Drivers License, or International Passport
Passport Photograph
Picture of Signature
Recent utility bill After gathering these requirements, you may proceed to apply for the Paycenter POS machine.

How to Get Paycenter POS Machine

Here’s a uide to acquiring a Paycenter POS machine:

Go to a Paycenter office with required documents.
Request a POS terminal from a representative.
Fill out the Paycenter POS registration form with correct details.
Submit the form for review.
Wait for the representative to review your application.
Your application may be approved or declined.
If approved, pay for the POS and registration fee.
Receive training on how to use the device.
Congratulations, you now have a Paycenter POS machine!
Keep reading to learn about the charges when you become a Paycenter POS agent.

Paycenter POS Charges

Paycenter charges merchants on all transactions, similar to other POS providers.
Cash withdrawals up to N20,000 incur a 0.5% fee.
N100 fee for cash withdrawals between N20,000 to N1,000,000.
Cash deposits to any Nigerian bank have a flat N20 fee.
Paycenter’s POS charges are applicable to all merchants.
No exemption for any specific merchant on the charges.
Charges are as per the Central Bank of Nigeria’s directives.
All charges mentioned are inclusive of taxes and levies.
Paycenter reserves the right to change the charges without prior notice.
Merchants are advised to keep themselves updated with the latest charges.