Like most Nigerian business owners, you know that getting the point of Sale (POS) machine can be a great way to boost your sales and simplify the payment process for customers. But where do you start?
I want to tell you about an innovative new option for modern businesses: OPay POS. OPay is a leading Nigerian payments company, and its POS machines offer unparalleled convenience and security for businesses and customers. In this article, I’ll share how you can become an OPay POS Agent in Nigeria and get your hands on an OPay POS machine quickly and easily.
Whether you’re seeking extra convenience or increased security for your payments, an OPay POS machine could be the perfect solution for your business. Let’s get started exploring how it works!
What Is OPay POS?
OPay is a Nigerian payment service provider offering a quick, easy and secure payment method. It’s a point-of-sale (POS) machine that accepts cash and credit/debit card payments, allowing you to process customer payments securely and conveniently.
The great thing about OPay is that it’s safe and secure; it uses the latest encryption technology and PCI-compliant equipment that protects you and your customers. Plus, with its 24/7 customer service support, you can always get help if something goes wrong.
Advantages of Using OPay POS
Getting an OPay POS machine for your business in Nigeria is a great way to make your transactions faster and more efficient. Here are some of the key benefits of using an OPay POS:
- Convenience: With an OPay POS, you can accept payments from customers with a card or mobile money with just a few taps. This makes it easy for customers to pay without having to carry physical cash around.
- Security: O-Pay uses the highest level of security for its transactions, so you can be sure that all your customer’s data is kept safe and secure.
- Flexible: You can access your money anytime and anywhere, and you don’t have to wait until the end of the day to deposit or withdraw funds.
- Speed: Transactions are completed almost instantly without delays, so you can serve more customers faster.
- Versatile: The OPay POS machine accepts all major cards, such as Visa, Mastercard and American Express, and mobile money payments.
By using an OPay POS, you can provide quick and secure payments to your customers while streamlining your checkout process.
Who is an OPay Agent?
An OPay Agent is any business or individual in Nigeria using the OPay payment platform to process customer payments.
The OPay POS machine allows merchants to accept and send payments quickly and easily. Some of the most common uses for the OPay POS include:
- Accepting payments online, such as through website stores or eCommerce sites
- Collecting payments for services rendered such as taxi fares, delivery fees, and more
- Processing payments in physical stores, like supermarkets and boutiques
- Keeping track of sales data and customer transactions
- Recharging airtime or data bundles for customers
Overall, using an OPay POS machine gives merchants more control over their transactions while providing a more secure payment experience. With just a few clicks, merchants can accept payments with greater ease.
Become an OPay POS Agent in Nigeria?
Once you have decided to become an OPay merchant, the process is surprisingly straightforward. All you need to do is follow these simple steps:
Here are the requirements to become an OPay agent in Nigeria:
- You must have an active OPay account.
- You must provide personal information like your BVN, bank account number, recent utility bill, passport photo, business address and valid ID card.
- You must be familiar with how to run multiple transactions using a POS machine.
- You must have a good transaction history on your OPay account.
- You must be familiar with the transaction patterns and user interface of the OPay App.
- You must complete a high volume of transactions within four weeks of using the OPay App.
The great thing about being an OPay merchant is that you can access all their payment solutions, including mobile and QR code payments, making it easier for customers to pay for goods and services quickly and securely.
How to Request for an OPay POS Machine?
Getting an OPay POS machine in Nigeria is a relatively simple process. Here’s a step-by-step guide on how to get one:
- You must download and install the OPay App
- Sign into your profile
- You must Upgrade KYC to Level 3
To upgrade your OPay Profile to KYC Level 3, follow these steps:
- Go to ‘Me’
- Click the picture icon (top left) to go to Account Details
- Click Upgrade to Level 3
- Upload your picture
- Upload a valid ID Card (Intl Passport, Voters’ Card, National ID or Driver’s License)
- Upload a recent utility bill (PHCN bill, water bill, LAWMA waste bill, rent receipt)
- Upload your BVN
- Then Submit
OPay Team reviews and approves or declines your KYC within 24-72 hours. Once your KYC has been approved, you will receive alerts via email and SMS.
4. Switch your Profile to Merchant
When your profile has been upgraded to KYC 3, follow these instructions to change it to Merchant:
- Go to ‘Me’
- Click the picture icon (top left) to go to Account Details
- Click Upgrade to Merchant
- Fill in your Business Information, such as (Name of business, address, etc.) and click Next
- Fill in the required information
- Click Upgrade
The OPay Team would assess and might accept or reject your request.
5. Merchant Apply
Once you have reached KYC level 3 and changed your OPay profile to Merchant, you can go to ‘Merchant Apply’.
Below is a simplified process flow on successfully going to ‘Merchant Apply’ and requesting or applying for an OPay POS Machine in Nigeria.
- Log in to the OPay app on your device.
- Click the ‘Merchant Apply’ icon
- On the next page, enter all the necessary information
- Upload your transaction history for the past 3 months
- Upload a valid ID Card (Intl Passport, Voters’ Card, National ID or Driver’s License)
- Take a snapshot of your business station or shop and upload it to the portal
- Submit for review
- The OPay Team reviews and can approve/decline your request
By following these simple steps, you should have your brand new OPay POS machine up and running in no time!
OPay POS Charges
OPay POS fees (if you’re using the mini POS) can be as little as 0.5% per transaction. But note that after upgrading to Preferred Merchant status, the charge per transaction might drop.
OPay POS Machine Price in Nigeria
If you’re looking to get an OPay POS machine in Nigeria, you should know that there are a few different prices to consider. Generally, the prices vary based on the type of machine and the features included, so it’s important to research before purchasing.
Here’s a breakdown of the price of OPay POS machines in Nigeria:
- Mini POS N10,000.
- Traditional POS ₦45,000
- Smart (Android) POS ₦60,000
So if you’re looking for an OPay POS machine in Nigeria that fits your budget and meets your needs, choose any one of these.
How to Operate and Activate OPay POS
- Insert a SIM card that has an active data subscription to the POS.
- Power on and use your ATM to perform a withdrawal on it.
- If the transaction is successful, log in to your OPay app and check if you are credited. If yes, that means you can start using the POS.
How do OPay agents make money?
You may be wondering, how do OPay agents make money? It’s quite simple they earn a commission for every transaction made on their POS machines. This commission is usually between 0.5% and 1% of the total amount of each transaction.
The amount of commission you can make as an OPay agent depends on the type of services you provide, so it’s important to consider which services to offer before signing up with them. For instance, if you offer financial services such as card payments or online payments, you can expect to receive higher commissions than if you just offered cash payments.
Also, the more customers you have using your POS machine, the higher your overall commissions will be, so promoting your business and getting new customers is important.
In addition to the commissions you earn for each transaction, some OPay agent plans also provide bonuses for hitting certain monthly sales targets or referring new customers. So there are plenty of ways to maximize your earnings when signing up with OPay!
How to contact OPay POS customer service representative
Do you need help getting an OPay POS machine in Nigeria? Don’t worry; their customer service team is here to help. Here’s everything you need to know about contacting them:
You can reach OPay customer service at minipos@OPay-inc.com or by dialling +23418888329. Do you also require assistance with your OPay POS device? Dial +234 (01) 8888329 to speak with their customer care representative. You can email OPay at ng-antifraud@OPay-inc.com with questions regarding POS fraud.
Address: Alexander House, Otunba Jobi Fele Way is where the OPay office is located.
OPay also has a wealth of online information on its website about its products and services. It’s a great place to get answers to any questions you may have about getting set up with an OPay POS machine in Nigeria.
FAQs about How to Become an OPay POS Agent in Nigeria
If you want an OPay POS machine set up in Nigeria, you probably have questions about the process. To help get you started, here are some of the most frequently asked questions:
How long does it take to set up?
It typically takes a few days to two weeks to get your OPay POS terminal installed and ready to use. It could take longer, depending on how busy the local OPay office is.
Do I need special training?
No, you don’t need any special training beyond learning how to use the terminals themselves. Once your OPay POS machine is installed, you’ll be given comprehensive training on how to use it and be able to start accepting payments right away.
Do I need a smartphone to use the OPay POS machine?
No, there’s no need for a smartphone as long as you have access to an internet connection and your phone number is linked to your bank account.
Are there any restrictions on which types of payments can be accepted?
Yes, only payments via the approved mobile wallets are accepted by the OPay POS Machine. Other payment methods, such as cash or cheque, are not supported at this time.
Conclusion
In summary, getting an OPay POS machine is relatively straightforward as long as you have the right information. You’ll need to sign up with the OPay platform, provide the necessary documents and personal information, and wait for the machine to be shipped to you. Stores, restaurants, and other retail outlets can now process payments quickly and securely with their OPay POS machine.
If you have any questions about how to become an OPay POS Agent in Nigeria, feel free to contact the OPay team for assistance. They have a team of professionals to answer any questions and help you set up your POS machine.