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Ikiodiete George
- 4 Min Read
Pos Machine In Nigeria 2025: Prices, Charges & Best Providers
In 2025, Point of Sale (POS) machines have become essential for small businesses, vendors, and mobile money agents across Nigeria. With the rise in cashless transactions, owning a POS terminal is now one of the fastest ways to earn money while providing value to your community.
If you're planning to become a POS agent or want to integrate POS into your business, this guide explains everything you need to know—from the current prices of POS machines in Nigeria to transaction charges and top providers.
What Is a POS Machine?
A POS machine (Point of Sale terminal) is a handheld device that allows businesses and agents to receive payments via ATM cards (Verve, Visa, Mastercard), perform cash withdrawals, deposits, transfers, airtime purchases, and pay bills.
Benefits of Using POS in Nigeria
- Earn Commission on every transaction (withdrawal, transfer, bill payment)
- No need for a bank visit to carry out basic banking
- Fast and secure payments
- Flexible work for job seekers and students
- Reliable side hustle or full-time business
POS Machine Prices in Nigeria (2025)
Here’s a breakdown of POS machine prices from top providers:
|
POS Provider |
Price (Outright Purchase) |
Caution Fee (If applicable) |
Device Type |
|
Opay POS |
₦45,000 – ₦60,000 |
Free or ₦20,000 refundable |
Android POS |
|
Moniepoint POS |
₦21,500 (non-refundable) |
No outright option |
Classic POS |
|
PalmPay POS |
₦30,000 – ₦50,000 |
Sometimes refundable |
Android/Classic |
|
Baxi POS |
₦30,000 – ₦80,000 |
May vary by agent location |
Android/MPOS |
|
Kudi POS (Nomba) |
₦35,000 – ₦45,000 |
None |
Android POS |
|
Bank POS (Access, Zenith, First Bank) |
Usually free |
Requires business account & activity |
Classic POS |
Note: Prices may vary slightly depending on your location and device type.
POS Charges & Commission in Nigeria 2025
POS agents earn by charging small fees on transactions. Here’s a standard breakdown:
Withdrawal Charges (Typical Agent Fees)
|
Amount Withdrawn |
Agent Fee Charged |
|
₦1 – ₦1,000 |
₦100 |
|
₦1,001 – ₦5,000 |
₦100 – ₦200 |
|
₦5,001 – ₦10,000 |
₦200 – ₦300 |
|
₦10,001 – ₦20,000 |
₦300 – ₦400 |
|
₦20,001 – ₦50,000 |
₦500 – ₦700 |
Transfer Charges (Most Platforms)
|
Amount Transferred |
Transfer Fee |
|
₦1 – ₦5,000 |
₦10 – ₦30 |
|
₦5,001 – ₦10,000 |
₦20 – ₦50 |
|
₦10,001 – ₦50,000 |
₦30 – ₦100 |
Commissions You Earn as an Agent
|
Service Type |
Agent Commission (Average) |
|
Airtime Recharge |
2% – 5% per sale |
|
Cable TV Subscription |
₦50 – ₦100 per transaction |
|
Electricity Bills |
₦30 – ₦100 |
|
Data Subscriptions |
₦20 – ₦100 |
Note: Opay, Moniepoint, and PalmPay generally offer the highest agent commissions in 2025.
Best POS Providers in Nigeria (2025 Review)
1. Moniepoint POS
- Device Fee: ₦21,500
- Daily Settlement: Instant
- Strengths: Reliable, low downtime, robust reporting dashboard
- Support: Strong agent support
- Website: moniepoint.com
2. Opay POS
- Device Fee: ₦45,000 – ₦60,000
- Commission: Very competitive
- Strengths: Fast network, user-friendly app, high availability
- Application: Via Opay app or aggregator
3. PalmPay POS
- Device Fee: ₦30,000+
- Commission: Good rates on airtime & transfers
- Strengths: Colorful app, bonus offers for users
- How to Apply: Through PalmPay Business App
4. Kudi POS (Nomba)
- Device Fee: ₦35,000 – ₦45,000
- Known For: Durable POS terminals, great dashboard
- Strengths: Best for businesses with high-volume transactions
- Website: nomba.com
5. Baxi POS
- Device Fee: ₦30,000 – ₦80,000
- Strengths: Accepts multiple payment methods including QR
- Platform: Baxi Box, Baxi App
How to Apply for a POS Machine in Nigeria
General Requirements:
- Valid ID (NIN, Voter’s Card, Driver’s License)
- Passport photograph
- Utility bill or proof of address
- Active bank account
- BVN
- Business location or description
Application Steps:
- Download the POS provider’s app (e.g., Opay, PalmPay)
- Register as a merchant or agent
- Submit your documents
- Pay caution/device fee if required
- Wait for approval (1–5 business days)
- Collect your POS machine and start transacting
Tips to Succeed as a POS Agent in 2025
- Choose a provider with strong uptime and support
- Operate in high-traffic areas like markets, schools, or bus stops
- Display signage so people can locate you easily
- Offer other services like airtime, bills, and betting to earn more
- Build trust by giving accurate receipts and quick service
Frequently Asked Questions (FAQ)
Q1: Which is the best POS machine in Nigeria for 2025?
Moniepoint and Opay are currently the most reliable, with fast processing and high commission rates.
Q2: How much does it cost to get a POS machine?
Prices range from ₦20,000 to ₦60,000 depending on the provider and machine type (classic or Android).
Q3: Can I get a POS machine for free?
Some providers and banks offer free POS machines, but usually with conditions like daily transaction targets or a refundable caution fee.
Q4: How do POS agents make money?
Agents earn through service charges on transactions and commissions from telecoms, bill payments, and deposits.
Q5: Which POS machine has the lowest charges?
Opay, Moniepoint, and Kudi currently have the lowest service and transfer fees for 2025.
Final Thoughts
Getting a POS machine in Nigeria is a smart business move in 2025. Whether you're a student, unemployed graduate, or small business owner, POS services offer a quick way to generate steady income while providing value to your community.
Choose a provider that fits your needs—based on device cost, uptime, commissions, and support.
Ready to get started?
Apply for a POS machine from Opay, Moniepoint, or PalmPay today and begin your journey to financial independence.
