In this article am going to show you some banks, that offer free POS machine in nigeria (100% Free).
Last year, i talk about Best POS Machine In Nigeria [Reviewed And Rated], but the POS machine i listed on the article is not for free. You have to purchase the POS terminal before using using.
Today, am going to talk about how you can get free POS machine in nigeria and start your POS business immediately. The best way to get a free POS machine in nigeria is to go through your banks.
To get the POS machine from bank, create an account with the bank. If you have account with them already, good. Am going to show how you can get the terminal.
Note: Most of nigeria banks will ask you to provide some information about yourself by filling some form before get the POS machine.
Since your focus is to get their terminal for free, follow their instructions.
Let’s dive in.
Firstmonie POS Machine.
Firstmonie is a mobile money agency developed my first bank of nigeria. If you are first bank user, you can get free POS machine from first bank.
Firstmonie offer free POS machine in nigeria, but to any interested person like you. And their terminal is super Fast, Reliable Secured among the other. And it accept all cards.
If you get firstmonie POS, you will be able to Eliminate cash theft and fake currency, Access secured transaction for 24/7, Track your sales and collections.
And Do cheaper means of transaction for both corporate and individual.
Note that, cost of their POS transaction depend on your type of businesses you operate on, 0.75% for general merchants, 1.2% for Hotels and 0.2% for wholesales.
Apply For Free Firstmonie POS machine.
To apply for your free Point of Sales Terminal (POS) machine from first bank of nigeria, Visit any nearest FirstBank Branch (find first bank branch here)
Firstmonie offer free POS machine in nigeria, but with condition, to get free terminal from them, You need to open (create) any type of an account (saving, current, partner account) with First Bank.
If you are running small businesse, go for Savings account.
Visit the branch where your account is domiciled for faster processing. But if you have relocated, you can go to the nearest branch.
Go to their retail department and collect the POS request form. Fill the form, sign the page and then submit it. And then wait, within a week, your POS will be ready for collection for free of charge.
- 2 passport photographs.
- Utility (nepa) bill.
- 2 current account holder (for guarantors).
- Monthly turn over of about N1million.
- A suitable business location.
Access Bank POS machine.
Access Bank offer free POS terminal to anybody that meet up with their requirements. If you are access bank user, you can get it free of charge.
The terminal is one of the most secure and free POS machine in nigeria.
You have to visit any nearest branch of Access Bank to collect POS documents. Access Bank POS terminals fee per transaction is 1.25% with a cap or N2,000.
Apply For Free Access Bank POS machine.
Visit the nearest branch of access bank or go to where your account is domiciled for faster processing. if you have not relocated.
Ask and go to their retail department to collect the POS request form. Fill the form, sign the page and then submit it back to them. And then wait, within a 2 week, your POS will be ready.
- Nice business location.
- Minimum of N50,000 in your access bank.
- A Valid ID card. (Voter’s card, Driver’s License, National ID card and other government approved ID).
- Utility (NEPA) bills.
Make sure you have an account with them. If you don’t, go to their branch that near you to open or register from your mobile phone by dial *903# and Select “1” and click the option to register.
Now Enter your first name and Last name follow by sex (male, female) and date of birth. That’s all.
You might be ask to change your default PIN to new one. So dial *903# and select “My wallet” and then select PIN change now Input the old PIN (1234, 0000 or 1111). And enter new PIN that you can remember and confirm it.
Z-Money POS machine.
Z-Money was Developed by Zenith bank. The Z-Money agent also known as the Zenith POS agent.
Zenith bank is one of the leading commercial banks in the country (nigeria). And if you are looking for free POS machine in nigeria.
Apply For Free Zenith bank POS machine.
To get the free Zenith bank POS terminal, means you are ready to go into agency banking and earn extra income.
You may like to read: How To Start VTU Business In Nigeria 2021 [Complete Guide]
To apply for Z-Money POS your business should up to 12 months (1 year), You should have banking services experience. You must have Zenith bank account for 6 month and download the agent banking app on google play store.
If you have meet up with these, Visit the nearest branch of Zenith bank. You can even go to where your account is domiciled for faster processing. if you haven’t relocated.
Now Ask and Go to their retail department to get the POS request form the Fill the form and sign the page before you submit it. now wait for 2 week for your POS to ready for collection.
- A proof of address.
- utility bill.
- A Valid ID card
- 2 passport photographs.
WEMA POS Machine.
WemaPOS terminals is one of the fastest machine for paying goods and services either be local (nigeria) or international. It was Developed by WEMA bank.
WEMA Customized solutions for nigeria Hospitals, Schools, Airline, IGR collections and many more. USSD and QR code available on WEMAPOS for contactless mode of Payments.
WEMA don’t charge much, the standard merchant service charge is 0.5% per transaction capped at N1,000.
Apply For Free WemaPOS.
To get your free POS terminal from wema bank, Visit their nearest branch. Or go to where your account is domiciled for faster.
Now Go to their retail department to request for the POS. You will be ask to provide some information through the POS request form, so fill everything and then submit it.
Banks listed below are the most popular bank that offer free POS machine in nigeria. There are other banks that also offer free terminal you can search for more online.
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