Are you looking for Moniepoint POS Machine Price In Nigeria, Daily Target, Charges, And Commission? You are at the right place. In this article, you will get all the information you need about Moniepoint POS Machine. Read on!
Overview of Moniepoint POS
The Moniepoint POS Machine is an electronic device that allows business owners to conduct transactions with customers.
Moniepoint POS Price in Nigeria
As of the time of writing this article, the Moniepoint POS price in Nigeria is N25,000. This price range is subject to change, so it is advised that you visit the Moniepoint website or the inquiry office to get the latest prices.
Daily Target, Charges, and Commission
Moniepoint POS does not have a daily target, merchants are allowed to do business however they see fit
The charges are broken down generally as follows:
Withdrawals between N1 and N20,000 are charged 0.5% of the transaction value via Moniepoint POS.
When a transaction exceeds N20,000, they impose a flat cost of N100.
For transfers, Moniepoint POS charges a flat fee of N20.
On the other hand, Moniepoint POS provides the following for data charges:
3% commission for MTN
4% commission for Glo
2% commission for DSTv
2% commission for GOTv
2% commission for PHCN
4.5% commission for 9Mobile
4% commission for Airtel
2% commission for Star Times TV Subscription
Benefits of Using the Moniepoint POS Machine
The Moniepoint POS machine comes with plenty of benefits. For starters, you’ll save money when compared to other payment methods like bank cards, as there are no hidden or extra fees for transactions. The machine also offers a secure way for customers to make payments and receive change.
Also, you’ll get access to real-time analytics, which will help you better understand your customers’ buying habits.
This data can be invaluable in helping you tailor your services and offerings to meet customer demand. And, with the ability to accept payments from mobile wallets and debit cards, you won’t have to worry about cash handling either.
Finally, the loyalty program feature integrated into the Moniepoint POS machine allows business owners to create loyalty programs that reward customers for repeat purchases and encourage them to come back more often.
This helps build customer loyalty and brand recognition, which can translate into more sales in the long run.
FAQs on the Moniepoint POS System
You may be wondering about some of the finer details of using a Moniepoint POS Machine in Nigeria. Here are some of the most common questions people have:
Q. How much does the machine cost?
A. Moniepoint POS in Nigeria costs a sum of N25,000
Q. What’s the daily target and commission?
A. There is a target for Moniepoint POS, as long as you keep it working and active, you’re good to go.
Q. Are there any requirements for obtaining Moniepoint POS?
A. Yes, there are requirements such as an age limit (over 18 years old), and provisos of your personal information.
So there you have it, the Moniepoint POS Machine. It is important to note that the price, daily target, and commission may change with time, so always stay up to date with the latest information.
If you have any other questions, feel free to leave a comment below and we will get back to you as soon as possible.