How to apply for OPay POS in Nigeria, and what are the prices for OPay POS? Do you want to start a POS business or have a big business that requires a POS machine to make payment easier for your customers?
Opay is one of the best POS machine providers that you can trust for security and maximum profits. In this post, I will be guiding you on how to apply for Opay POS in Nigeria and their charges. If you know how to get a POS from OPay, you will get the information you need before then.
What is Opay
OPay is a mobile-based payment, transportation, food and grocery delivery, and other vital services in your daily life all in one place. OPay is used by millions of people every day to transfer and receive money, pay bills, and place food and grocery orders.
They are making financial services more efficient for millions of users with a committed staff, intelligent mobile platform, and a rapidly increasing community. It all starts with the ability to pay and access the appropriate possibilities at the right moment.
Opay is a part of an extensive Chinese business network. They are the owner of the Operamini browser, Okash loan, Olla mobile phones. Now, they are providing financial solutions to merchants and individuals who desire to make money through POS business in Nigeria.
Why you should go for Opay POS Machine
You are probably here because someone has told you that Opay POS is the best or more profitable. Well, you can get a POS machine from every commercial bank in Nigeria, but many prefer OPay because of the following reasons:
Friendly terms and conditions: You already know that a POS machine is not something you can get quickly without meeting specific requirements. For example, some banks will give you a minimum monthly turn up that if you fail to meet, your POS might be disconnected and retracted from you. Opay doesn’t give such conditions.
Opay POS Machine is easier to get: The process of getting a POS machine from the bank is not the same when you go for OPay POS. Their own seems to be more quick and straightforward. I have seen a friend who has been moving from a different bank branch to another for POS machine activation, but Opay will give you peace of mind.
OPay POS is more affordable: I will explain more about the Opay POS requirements and how to get one. The good news is that Opay is undoubtedly the most affordable POS provider in Nigeria. To know more about the price and what the process looks like, then read the next paragraph.
How to Apply for Opay Merchant in Nigeria
To start your POS business with Opay, you will first have to register and create an Opay online merchant Account. You will become an Opay merchant, and you will be able to get a POS terminal and enjoy the lowest transaction fees. To get started, follow these steps below:
- Log into the OPay app on your device.
- Choose the ‘Merchant Application’ icon.
- Enter all necessary information as requested.
- Upload your transaction history for the past three months.
- Upload a valid ID Card (Intl Passport, Voters’ Card, National ID, or Driver’s License).
- Take a snapshot of your business station and upload it to the portal.
- Submit your OPay POS application for review.
How Much to Apply for an OPay POS Machine in Nigeria?
The OPay POS app is entirely free to use. However, the most recent POS costs for OPay POS machines are N50,000 for the OPay Smart POS, N35,000 for the OPay Traditional POS, and N8,500 for the OPay Mini POS.
How to Request for an OPay POS Machine?
Follow the three-step method indicated below to submit a successful request for an OPay POS machine.
Step 1: Upgrade KYC to Level 3
First, you must upgrade your KYC level to ‘Merchant Level’ (level 3) to be eligible.
To upgrade your OPay Profile to KYC Level 3, follow the following 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, rent receipt, LAWMA waste bill)
- Upload your BVN
- Submit
Once the application is granted, the OPay POS is free; however, agents must have at least 20,000 Naira in their OPay wallets to cover the caution cost. When the agent returns the POS terminal, this sum will be repaid to the agent.
How do I get OPay POS in Nigeria?
To become an OPay agent, visit the app store, download the OPay app, and register “as an agent.” Signing up is completely free, and you’ll also be able to receive a POS machine.
How Much do I need to apply for the OPay POS Machine in Nigeria?
The OPay point-of-sale application is entirely free. Although you must maintain a minimum balance of N20,000 in your OPay Wallet, this is referred to as a caution cost. Immediately upon approval of the POS request, the caution cost is deducted from your Wallet. Only when the agent returns the POS terminal will the N20,000 be repaid.
How long does it take to get OPay POS?
Within 24 hours, all OPay POS requests are examined and processed. The agent support team will call you after your request for the POS terminal has been accepted to notify you of the best available day to pick up the POS terminal.
How to contact OPay for POS issues
OPay WhatsApp contact
Do you need help right now with your OPay POS machine? Contact OPay customer service via chat on +234 (01) 8888329.
OPay Address
Alexander House, Otunba Jobi Fele Way. Ikeja. Lagos, Nigeria.
Our office service hours are Monday – Friday from 9 AM to 5 PM (WAT)
OPay customer representative Email Address
Do you have a question regarding your OPay POS business? You can help yourself through the OPay email channel – ng-support@opay-inc.com
OPay POS Fraud-related issues
For fraud-related issues, don’t hesitate to get in touch with OPay via email, and they will respond immediately on ng-antifraud@opay-inc.com