Bankly POS

Bankly POS (Get it Today and everything you need to know)

Have you been looking for a cheap and reliable POS like Bankly POS and you haven’t been able to get one?

In this article, I will show you how to get a Bankly POS and answer any important questions you might have about the POS. 

Bankly POS
Bankly POS

Want to get this POS today? chat me on whatsapp on 08101409501 or click here to chat me now

How much is Bankly POS (Cautionary fee)?

Bankly POS is N15,000 (N10,000 of this amount is refundable in case you want to return the POS as long as the POS is in good condition). and this means the POS is not for sale as the company can retrieve the POS if you fail to use it or don’t meet up with the target of 30 transactions per day (both withdrawal and deposit combined to make up 30)

How long will it take you to get a Bankly POS?

To get Bankly POS only takes between a day to 1 week to get a Bankly POS. 

Bankly POS charge?

Bankly charges is 0.5% on withdrawal and N20 on average on every deposit of any amount

This means you will be charged N5 on every N1000 you withdraw for a customer and you will be charged N10 for transfer of N100 to N2000 and any amount above N2000 is 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 N55

N12,000 charges is N60

N13,000 charges is N65

N14,000 charges is N70

N15,000 charges is N75

N16,000 charges is N80

N17,000 charges is N85

N18,000 charges is N90

N19,000 charges is N95

N20,000 charges is N100

Any amount above N20,000 charges is N100 (even though it is N100,000)

Bankly deposit charges

N100 – N2,000 charges is N10

Any amount above N2,000 charges is N20 flat rate (even though it is N200,000)

Is there stamp duty on Bankly POS? 

There is no stamp duty on Bankly 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 Bankly 

How do i get Bankly POS?

To get Bankly POS, you need to register as an agent on the Bankly app first to become a Bankly agent, you will need to download the Bankly app from play store and register after registration, contact your Bankly aggregator and he/she will direct you on what to do next. You can contact me as well as i am a Bankly aggregator (Aggregators are agents that serve as a link between POS companies and Agents, they usually find Agents who are qualified to collect POS from POS companies. Aggregator is not a staff of the company). You can reach me on 08101409501 via whatsapp <<<Click here to chat me on Whatsapp>>>> and i will be willing to help. 

What do i need to apply for a Bankly POS?

All you need to get a Bankly POS are your ID card (whether national ID card, Driver’s license, Voter’s card or international passport), Nepa bill, and passport photograph. is what you need to get the Bankly 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)
  • Valid BVN
  • Bank Account Number
  • Valid email address

Other details you will need to apply for Bankly POS

  • First name
  • last name.
  • The gender.
  • Email address.
  • State
  • Local government
  • Phone number.

Why does Bankly 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 to fund your Bankly wallet

There are several ways to fund your Bankly account

The first way is via Bank transfer. That is, Bankly provides you with a unique bank account number which is usually displayed at the top of your dashboard, you can copy this account number and go to your bank mobile app to transfer any amount you wish to fund your wallet (just the way you do normal bank transfer). 

How do I contact Bankly customer care if i have any issue

Bankly 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:07000 CALLBANKLY (0700 0225 5226 559). And this gives you the opportunity to ask any question you might have. 

How do i log complain on the Bankly POS or platform

You can log any POS complaint you have on your Bankly app and it will be resolved  within 24 to 48 working hours

In case of dispense error on Bankly, will my wallet be credited or money will be sent to the customer account?

For dispense error, if the money is with Bankly, the customer’s account will be credited. Not the agent account.

How do I access my dashboard on Bankly

You can access your dashboard by logging in to your Bankly app (you can download it on playstore). 

What are the things you can do on a Bankly POS machine

Here are some services you can do on a Bankly POS

  1. Cash withdrawal
  2. Fund Transfer
  3. Instant Settlement
  4. Payment of Utility Bills
  5. Cardless USSD withdrawal 
  6. Buy recharge card and data

How do i do USSD cardless withdrawal on Bankly

Can Bankly POS check account balance for a customer ATM

Not yet. This is a feature they might add in the future

How much commission does Bankly give on services

Here are the commissions Bankly will pay you as an agent when you buy airtime, or pay for Tv subscription for a customer or pay the electricity bill for customers

MTN 1.6% commission

Glo  2.8% commission

Etisalat  2.8% commission

Airtel 1.76% commission

FOR TV Subscription.

DStv 1.2% to 1.4% commission.

GOtv 1.2% to 1.4% commission.

IKEDC 1.2% commission

AEDC 0.96% commission

ENUGU POSTPAID 2% commission

IBEDC 0.8% commission*.

How do i upgrade my KYC level on Bankly

To upgrade your KYC on your Bankly app, click on the settings icon at the bottom right hand corner of the app immediately you login in. on the page displayed, you will see UPDATE KYC click on that and you can update all your KYC information there to get your account active and fully functional 

How secure is Bankly POS and where is Bankly head office

Bankly is licensed by the central bank of Nigeria (CBN), which authorises them to carry out agency banking services and they have been in the agency banking business for long

Why do so many people like Bankly

People like Bankly POS because they are

  1. Reliable
  2. fair pricing and fair commission
  3. Excellent network reliability
  4. instant settlement
  5. Great customer support 

Does Bankly have a mobile app

Yes you can download the app by visiting play store or apple store on iphone just search for Bankly 

Does Bankly have a physical office 

Bankly office address is 1004 Housing Estate, Eti-Osa, Lagos

What is the Official website of Bankly?


Getting Bankly POS is very easy,and it is one POS you can easily get fast If you are just starting your POS business.

Want to get this POS today? chat me on whatsapp on 08101409501 or click here to chat me now

Here are some other alternative POS to Baxi POS

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