Reasons why you should go for fintech pos machine
Their are definitely two categories of pos machine in agency banking business. We have the fintech pos and the bank pos. The fintech pos are the like of Opay, Moniepoint, Baxipos, and the rest. While the bank pos are the Firstmonie etc.
In other to give a better understanding, I will be listing some features that give fintech pos an edge over commercial bank pos.
Reasons why you should get a fintech pos
Better commission: You get to enjoy unbeatable commission when you make use of any fintech pos machine especially when it comes to bill payments, pos like Opay, Baxi, Palmpay give commission excluding your charges. But when you make use of commercial bank pos you don’t get to enjoy any commission, just the money you charge your customers.
Instant settlement: Most commercial banks pos don’t offer instant settlement for their agent which simply means that the agent will have to wait for T-1 before they can withdraw their money. But this is not the same with fintech pos, you get your cash immediately you perform a successful withdrawal transaction for any customer
Easy to get: You can get any fintech pos within 24working hours as long as you follow the right channel and you have your cash with you, unlike commercial bank pos that you have to meet target on the app given to you which can take months.
Special promo: fintech pos users enjoy special promos and commissions especially during the festive period or when there is system downtime. An agent that also has the best performance also have the chance to win special give from the pos provider