Some days your POS business is slow. Maybe five people will show up, maybe two. You do a few withdrawals, some transfers, and that’s it. The CBN’s cash limit plus the plenty competition in the POS business is making it hard to make good money from the commissions. ...
Seeing payment transactions fail isn’t new as a POS agent in Nigeria. You’ve probably seen it happen more times than you’d like to admit. A customer makes payment then looks at you and say, “I’ve been debited,” while your app or POS machine shows nothing? You both...
Except you are living under a rock, you’ve probably heard about the Central Bank of Nigeria (CBN) directive where people can only get up to ₦100,000 cash a day and a total of ₦1.2 million a week for POS businesses. As a result, most POS agents are already feeling...
The main reason for doing POS business is to earn commission from POS business. But let’s be honest, doing POS business in Lagos or any part of Nigeria isn’t easy. You set up your table, plug in your machine, and before you know it, three more POS agents are...
Let’s be real getting customers is tough, but keeping them? That’s where the magic happens. If you want your small business to grow, you can’t just focus on making sales, building customer relationships is a must. When customers feel valued, they keep coming back,...
