Have you been looking for a cheap and reliable POS like Paycentre POS and you haven’t been able to get one?
In this article, I will show you how to get a Paycentre POS and answer any important questions you might have about the POS.
Paycentre POS price(Cautionary fee)
The price for Paycentre POS is N14,000 for the MPOS and N25,000 for the traditional/ Big POS for you to get the POS from them. This cautionary fee is so that you won’t damage the POS. Paying this fee does not mean you have bought the POS.
How long will it take you to get a Paycentre POS?
To get a Paycentre POS, it can take between a day to 1 week.
How much does Paycentre charge per transaction?
Paycentre charges 0.5% on withdrawal and an average of N20 on average on every deposit of any amount
This means you will be charged N5 on average on every N1000 you withdraw for a customer and you will be charged N20 to transfer any amount whether on the POS or on their web platform
That means if you withdraw as follow
N1000 charges is N5
N2000 charges is N10
N3000 charges is N15
N4000 charges is N20
N5000 charges is N25
N6000 charges is N30
N7000 charges is N35
N8000 charges is N40
N9000 charges is N45
N10,000 charges is N50
N11,000 charges is N65
N12,000 charges is N65
N13,000 charges is N65
N14,000 charges is N65
N15,000 charges is N65
N16,000 charges is N80
N17,000 charges is N80
N18,000 charges is N80
N19,000 charges is N80
N20,000 charges is N80
>>N20,000 is N90
Any amount greater than N20,000 is N90 flat
Paycentre charges for deposit
N0 to N5000 transfer charges is N10.5
N5,001 to N50,000 transfer charges is N26.25
N50,000 and above transfer charges is N52.50
Agents are given back 20% of funds transfer transaction charges
Is there stamp duty on Paycentre POS
There is no stamp duty on Paycentre POS. Stamp duty is an extra N50 charged by the federal government on any withdrawal or inward transfer from N10,000 and above. This amount is not been charged on Paycentre
How do I get my PayCentre POS?
To get a Paycentre POS , follow the following steps
Step1: Fill the KYC form (you will need to contact any Paycentre aggregator close to you or visit their office. You can chat me on 08101409501 <<<Click here to chat me on Whatsapp>>>> )
Step2: Submit the KYC form to your AMBASSADOR plus your ID card, Nepa bill, and attach a passport photograph to the form
Step3: Make payment of N14,000 for the POS (as a cautionary fee)
Step4: Collect the POS
Step5: Activate the Paycentre POS and start transacting
What do i need to get a Paycentre POS?
All you need to get a Paycentre POS is your ID card (whether national ID card, Driver’s license, Voter’s card or international passport), Nepa bill, and passport photograph. These plus a cautionary fee of N14,000 is what you need to get the Paycentre POS.
The following documents will be required
- A verified Identity card such as International Passport, National ID Card, or Voters Card
- Utility Bill (Nepa Bill)
- Business License (For Registered business only)
- Your BVN
- Account Number
- Valid email address
Other details you will need to apply for Paycentre POS
- First name
- last name.
- The gender.
- Email address.
- Local government
- Phone number.
Why does Paycentre ask for your BVN
The Bank Verification Number is used to confirm that your personal information submitted is valid for proper KYC documentation as required by the CBN
How do I contact Paycentre customer care if i have any issue
Paycentre has one of the most responsive customer support in agency banking.You can always reach them via their email [email protected] or call them on their Phone Number:+23417006213. And this gives you the opportunity to ask any question you might have.
How do i log complain on the Paycentre POS or platform
You can log any complaint or any issue you have on the Paycentre POS on the Paycentre app support platform. Most complaints get resolved automatically, even without you contacting support.
How do I access my dashboard on Paycentre
You can access your dashboard by logging in to your Paycentre POS app (you can download it on playstore).
What are the things you can do on a Paycentre POS machine
Here are some services you can do on a Paycentre POS
- Cash withdrawal
- Fund Transfer
- Instant Settlement
- Payment of Utility Bills
- Cardless USSD withdrawal
Can Paycentre POS check account balance for a customer ATM
Not yet. This is a feature they might add in the future
Does Paycentre have the big POS
Yes. Paycentre now have a Big POS that can print on it’s own. below is all the things you need to know about Paycentre Big POS
Here are some questions you may have about Paycentre big POS:
- Do I need an activation code to use the big POS?
Yes, you need an Activation code.
- Can I change or swap my mPOS with the BIG POS?
No, you can’t change or swap your mPOS for the BIG POS. You can register for the BIG POS if you are opening a new location with PayCentre.
- Must I connect my phone to the BIG POS to transact?
No, you don’t need to connect the BIG POS to your phone for transactions. But you must set up your PayCentre account on the application before transacting.
- Which transactions can I do on the big POS without the PayCentre application?
At the moment, you can only carry out cash-out/withdrawals on the BIG POS and then carry out all the other transactions such as funds transfer, card-less withdrawals and bill payments on your PayCentre Application.
- Is there a maintenance charge on the big POS?
Yes, the monthly maintenance charge for the BIG POS is N1,000 while the mPOS is N500.
- Can I use 2 PayCentre POS devices in one location?
Yes, but you would need to have two agent accounts.
- How do I connect the big POS to the PayCentre application?
You don’t need to connect your POS to the PayCentre application.
- Is the big POS still free and can it be collected back by E-SL?
The BIG POS is still free and can be collected back by E-SL if the agent becomes inactive. Registration fee is N25,000 Naira.
How do I connect my Paycenter POS to my phone?
To connect your Paycentre POS to your phone you follow a similar process as you will do in pairing two phones over Bluetooth. The first step is to turn on your phone Bluetooth
The second step is to turn on your Paycetre pinpad
Next step is to search for the pinpad Bluetooth under your phone Bluetooth settings
Pair the two Bluetooth together
After pairing, login into your Paycentre app and follow the prompt. it’ that simple
How do I activate my Paycentre POS?
After getting your brand new paycentre POS, the next step is to activate the POS to start using it. Make sure you have filled and submitted all necessary KYC forms to Paycentre or your ambassador. When you receive an activation email, follow the instructions as stated in this video
<<<<CLICK HERE TO WATCH VIDEO NOW >>>>>
Can Paycentre POS print a receipt?
Yes, Paycentre POS can print receipts with the help of an external printer like the one below. You can buy the external printer at any store close to you or order it on Jumia (CLICK ON THE IMAGE BELOW AND SEARCH FOR BLUETOOTH PRINTER) or <<<Click HERE to order the Bluetooth printer on Jumia now>>>
How much commission does Paycentre give on services
Here are the commissions Paycentre will pay you as an agent when you buy airtime, or pay for Tv subscription for a customer or pay electricity bill for customers
Paycentre commisson for airtime
MTN 2% commission
Glo 2% commission
Etisalat 2% commission
Airtel 2% commission
Paycentre commission for TV Subscription.
DStv 1% commission.
GOtv 1% commission.
Startimes 1% commission.
Paycentre commission on electricity payment
EKEDC agent receives a commission of 0.4%
PHEDC agent receives a commission of 0.6%
KANO POSTPAID agent receives a commission of 0.8%
IBEDC agent receives a commission of 0.3%
KADUNA POSTPAID agent receives a commission of 0.6%
IKEDC agent receives a commission of 0.75%
ABUJA POSTPAID agent receives commission of 0.5%
JOS POSTPAID agent receives a commission of 0.45%
WAEC commission on paycentre
Agent receives N100 commission on every WAEC card sold via paycentre
How do i upgrade my KYC level on Paycentre
There’s no level on Paycentre POS for now as all agents can enjoy the full package on the platform
How secure is Paycentre and where is Paycentre head office
Paycentre is licensed by the central bank of Nigeria (CBN), which authorizes them to carry out agency banking services and they have been in the agency banking business for long
Why do so many people like Paycentre POS
People like Paycentre POS because they are
- fair pricing and fair commission
- Excellent network reliability
- instant settlement
- Great customer support
Does Paycentre have a mobile app
Yes you can download the app by visiting play store or apple store on iphone just search for Paycentre
How do I fund my Paycentre account
At the moment, the only way to fund your Paycentre wallet is to use your ATM card to withdraw on your Paycentre POS and have the money credited just the way you will do for any withdrawal. The other way is to do a wallet-to-wallet transfer, this will only be possible if you have two or more Paycentre POS and you want to transfer from one pos to another.
How do i change my email address or phone number on paycentre
In case you lost your email address or your phone number that is connected to your paycentre account, all you have to do is to print and fill out the form below then send it to paycentre email and your changes will be effected withing 24hours
What bank cards can i use on paycentre?
The Paycentre application accepts all Nigeria Debit and Credit cards
Does paycentre have a physical office
Paycentre address in lagos
Lagos address is 13, Hughes Avenue, Alagomeji- Yaba, Opposite Law, Union and Rock
Other Paycentre addresses
Abeokuta – South-West Regional Office 1
PROHUB, First Floor, 38, Salawu Olabode Avenue, Ewang Road, Idi-Aba, Abeokuta. Ogun State
Ibadan – South-West Regional office 2
45, Soun Ajagungbade Street, Off Aare Avenue, Bodija, Ibadan
Port Harcourt – South-South Regional Office
Office No 1, 2nd Floor Samkem Building, No 38 Old Refinery Road Akpajo, Eleme River State
Imo – South – East Regional Office
Angelina House, 31 Wetheral Road, Owerri, Imo State
Abuja – North Central Regional Office
EFAB Plaza Extension, No 70A, Area 11 Garki, Abuja.
Kano – North West Regional Office
No. 26A, Post Office Road, Near Bureit Road, Fagge LGA, Kano
Delta – South- South Regional Office
No. 2 Waico Layout (First Floor) Behind Airtel Office, Effurun-Sapele Road Water Resources Warri, Delta state.
Kwara- North Central Regional Office
243 Forgo Plaza Taiwo Oke, Ilorin, Kwara State.
What’s paycentre office hours
Monday-Friday 9:00AM – 5:00PM | Saturday-Sunday CLOSED
Getting Paycentre POS is very easy,and it is one the POS you easily get fast If you are just starting your POS business.
In case you need any help, you can always contact me on WhatsApp on 08101409501 <<<Click here to chat me on Whatsapp>>>> i am always available to help you get the POS