In recent years, cashless transactions have gained significant momentum in Nigeria, making Point of Sale (POS) machines an essential tool for businesses.
Opay, a leading financial technology company, offers a reliable POS machine solution that allows merchants to accept card payments effortlessly.
In this article, we will guide you on how to acquire an Opay POS machine, provide details on its pricing, and highlight associated charges. Let’s dive in!
How to Obtain an Opay POS Machine
1. Visit the Opay Website:
Start by visiting the official Opay website at www.opayweb.com. Look for the “Merchants” or “Business Solutions” section, where you will find information regarding their POS machine services.
2. Register Your Business:
To proceed, you’ll need to register your business on the Opay platform. Fill in the necessary details such as your business name, address, contact information, and other relevant information as requested.
3. Contact Opay Support:
Once you’ve completed the registration, contact Opay’s customer support team via email, phone, or through their website. Express your interest in obtaining a POS machine and provide all the required information. The support team will guide you through the next steps.
4. Verification and Documentation:
Opay may require certain documents for verification purposes. Be prepared to provide your business registration certificate, valid identification, bank statements, and other necessary documents as requested. Ensure all the documents are accurate and up to date.
5. Assessment and Approval:
Opay will review your application and assess the viability of providing you with a POS machine. This evaluation may include factors such as your business type, location, transaction volume, and other relevant criteria. If your application is approved, Opay will notify you accordingly.
6. Installation and Training:
Once approved, Opay will arrange for the installation of the POS machine at your business location. Their technical team will guide you through the setup process and provide training on how to use the machine effectively.
Opay POS Machine Price in Nigeria
Opay offers different pricing models for their POS machine services in Nigeria. The exact cost may vary based on factors such as your business type, transaction volume, and the duration of the contract.
It is advisable to contact Opay’s customer support or sales team to obtain accurate pricing information tailored to your specific requirements.
Charges Associated with Opay POS Machine
Opay will only charge you for transaction when you’re a merchant
Can I use an Opay POS machine without an internet connection?
No, Opay POS machines require a stable internet connection to process transactions effectively.
What is the average transaction fee charged by Opay for card payments?
The transaction fee charged by Opay may vary, but it generally ranges from 0.5% to 1.5% of the transaction amount.
Are Opay POS machines compatible with all types of cards?
Opay POS machines are designed to accept both local and international cards, including Visa, Mastercard, and Verve.
Is there a minimum transaction volume required to qualify for an Opay POS machine?
Opay considers various factors when reviewing applications, and while a minimum transaction volume may not be explicitly mentioned, having a healthy business transaction record can improve your chances of approval.