There are lot of business opportunities in Nigeria but sometimes it is the financial startup that keep us out of those business but that does not mean we should not look for a way around it, do you know that POS business is one of the most lucrative business in 2020?
Yeas P.O.S is very lucrative, this have to do with financial activities where deposit and withdrawal of money is made which also includes paying of bills and subscription, all this are done by the P.O.S agent who is in charge of carrying out all this transactions and activities.
Today we are going to discuss so many things about P.O.S Business and how you can securely get your own P.O.S machine very fast
Note that getting a P.O.S machine right now is very difficult due to the numbers of people going into this business, hence the companies have decided to include some policies and some requirements which you will be able to agree to and meet those requirements before a P.O.S machine will be issue to you.
In some companies or banks, they have a minimum amount of transaction that you must perform in a given month before you will be eligible for a P.O.S machine, just sit down and relax because i am going to show you how you can goes through this.
There are some requirements that you need in order to obtain a P.O.S machine and become a certified P.O.S agent, some of those requirements are
1 A shop – this is where you will stay to carry out your P.O.S business, this is inform of kiosk or any container that can shade you and your customers
2 An ID card either national id card, driver’s license or voter’s card
3 two photo passports
4 ability to be able to read and write
5 you must have a minimum balance of two million Naira transaction before you can apply for P.O.S machine
Now back to the main issue that people are always facing which is on the aspect of the minimum of 2 million Naira transaction to be able to apply for a P.O.S machine
Now how do you go about this?
It is quiet simple so just pay attention
you will need the sum of three hundred thousand Naira and six bank account, this can be that of your friends or family members and i will categorize them
Account A day one
account B day two
Account C day three
Account D day four
Account E day five
Account F day six
Now load three hundred thousand Naira into your own personal account and on day one, transfer three hundred thousand Naira to account A and let him transfer it back to you, making it a transaction of six hundred thousand Naira.
on day two, transfer another three hundred thousand Naira to account B and let him transfer it back to you, making it a transaction of nine hundred thousand Naira
on day three, transfer three hundred thousand Naira to account C and let him transfer it back to you, making it a transaction of one million, two hundred thousand Naira
on day Four, transfer three hundred thousand Naira to account D and let him transfer it back to you, making it a transaction of one million, five hundred thousand Naira
on day Five, transfer three hundred thousand Naira to account E and let him transfer it back to you, making it a transaction of one million, eight hundred thousand Naira
on day 6, transfer three hundred thousand Naira to account F and let him transfer it back to you, making it a transaction of two million, one hundred thousand Naira
Now on day seven, go to the bank with your statement of account and request for your P.O.S machine and they will issue it to you after two to three weeks.
Hope this article was helpful?