paga pos

Paga POS (Get it fast and everything you need to know)

Have you been looking for a way to get Paga POS and you haven’t been able to get one?

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

How much is Paga POS (Cautionary fee)

Paga POS is N20,000. This amount is inclusive of both branding and startup fund. This doesn’t mean you have bought the POS. as this is only a cautionary fee.

How long will it take you to get a Paga POS

Usually, it can take between a day to 1 week to get a Paga POS. 

How does Paga POS charge?

Paga charges 0.55% on withdrawal and N30 flat on every deposit of any amount

This means you will be charged N5.5 on every N1000 you withdraw for a customer and you will be charged N30 to transfer any amount whether on the POS or on their app

That means if you withdraw as follow

N1000 charges is N5.5

N2000 charges is N11

N3000 charges is N16.5

N4000 charges is N22

N5000 charges is N27.5

N6000 charges is N33

N7000 charges is N38.5

N8000 charges is N44

N9000 charges is N49.5

N10,000 charges is N55.5

N11,000 charges is N60.5

N12,000 charges is N66

N13,000 charges is N71.5

N14,000 charges is N77

N15,000 charges is N82.5

N16,000 charges is N88

N17,000 charges is N93.5

N18,000 charges is N99

N19,000 charges is N104.5

N20,000 charges is N100

Any amount above N20,000 charges is N100 

Any amount above N100,000 charges is N150

Is there stamp duty on Paga POS 

There is no stamp duty on Paga 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 Paga 

How do i get Paga POS

To get a Paga POS you have to sign up first. Simply send an email to [email protected], or Log on to www.paga.com, select Agent and click on Become an Agent to get started. 

You can also register your interest by using any of the channels below:

Call: 07000007242 Or 012777160

Email: [email protected]

Twitter: @paga

Facebook: @mypaga

WhatsApp: 08099227242 

SMS: 09090027242

Live chat – www.mypaga.com

Paga will have one of their field representatives contact you for further instructions on the onboarding process.

What do i need to apply for a Paga POS

All you need is 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 Paga 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)
  • BVN
  • Valid Account Number
  • email address

Other details you will need to apply for Paga POS

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

What are the benefits of becoming a Paga agent?

As a Paga agent, you will receive a commission for every transaction you perform, plus bonuses and other incentives which they roll out at intervals. The more transactions you perform the more money you make on Paga.

How much do I need to have to start A Paga business?

You are free to decide how much to use as start-up capital. Depending on your location and how much traffic you get in your outlet, you will be needing N100,000 to N500,000, the amount you need might vary form location to location and from time to time, like during festive periods. 

Why does Paga 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 Paga wallet

You can fund your Paga account via any of the following means;

1. Bank transfer (Instant): You can fund your Paga wallet via internet banking or bank mobile app by transferring funds from your bank account directly to your Paga wallet. Simply follow the below steps:

Step 1: Log in to your internet banking

2: Select transfer to other Banks

3: Insert your 10 digits Paga Nuban account number

Step 4: Select “Paga” or “Pagatech” as beneficiary Bank

5: Input amount

Step 6: Fill the required field on the transfer page

7: Input your PIN

Step 8: Complete the transfer process

2.(a) Add cash (Debit card): You can fund your account with your Naira debit card. Simply follow the below steps below.

Step 1: Click on fund account under “account”

2: Enter amount

Step 3: Click on “Fund account”

4: Select card as a payment option, then click on the deposit tab below

Step 5: Enter your card number

6: Enter the expiry date of your card

Step 7: Enter CVC at the back of your card

8: Input your PIN

Step 9: Click on deposit and follow the instruction to fund your wallet

(b) Add cash (Bank account): You can fund your account with your bank account. Simply follow the below steps below.

Step 1: Click on fund account under “account”

2: Enter amount

3: Select bank as a payment option, then click on the deposit tab below

Step 4: Enter your account number

5: Enter your BVN

Step 6: Click on deposit and follow the instruction to fund your wallet

3. Paga Agent: Kindly visit any Paga accredited agent to fund your account.

4. GT Collections: To fund your account via GT Collections (Mobile app/Online), simply follow below steps.

Step 1: Log in to your GTB account

2: Click on other payments

Step 3: Click on more payments

4: Click on Infotechs & other services

Step 5: Select “Pagatech Limited” from the list of merchants

6: Click on Paga Collections

Step 7: Insert your 10 digits Paga account number, fill other details and amount

8: Click on continue

Step 9: Confirm and complete the process

Note that this service is available to GTBank customers only

5. GT Collections: To fund your account via GT Collections (Mobile app/Online), simply follow the below steps.

Step 1: Log in to your GTB account

2: Click on other payments

Step 3: Click on more payments

4: Click on Infotechs & other services

Step 5: Select “Pagatech Limited” from the list of merchants

6: Click on Paga Collections

Step 7: Insert your 10 digits Paga account number, fill other details and amount

8: Click on continue

Step 9: Confirm and complete the process

Note that this service is available to GTBank customers only

6. GTBank 737: To fund your Paga account via GTB *737# service, simply follow the below steps. 

Step 1: Dial *737* 50*amount*145#

2: Enter your 10 digit Paga account number

Step 3: Confirm name and enter your 737 PIN or last 4 digits of your GTB debit card and send

Note that this service is available to GTBank customers only.

7. GTB *737*22#: To fund your Paga account via GTB *737*22# service, simply follow the below steps. 

Step 1: Dial *737*22#

2: Select Option for Recipient Category

Step 3: Enter Transaction Amount

4: Enter Wallet Account Number (Phone Number)

Step 5: Enter 737 PIN to Authenticate Transaction.

See full article here

As a new agent, will I get branding materials from Paga? 

Yes. You will get branding materials once you sign up as a Paga agent.

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

Paga 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:0700-000-PAGA (0700-000-7242)
01-2777160
. And this gives you the opportunity to ask any question you might have. 

How do i log complain on the Paga POS or platform

You can log any POS complaint you have on your Paga app and it will be resolved 

How do I access my dashboard on Paga

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

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

Here are some services you can do on a Paga 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

Can Paga POS check account balance for a customer ATM

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

How much commission does Paga give on services

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

There’s no level on Paga. As long as you are a registered agent on Paga, you can use all the service on Paga.

How secure is Paga POS and where is Paga head office

Paga 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 Paga POS

People like Paga POS because they are

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

Does Paga have a mobile app

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

Does Paga have a physical office 

Lagos Office (Head Office)
176, Herbert Macaulay Way,
3rd Floor, Yaba
Lagos Mainland, Lagos State

Ibadan Office
90/91 Choice plaza,
Challenge, Ibadan, Oyo State

Abuja Office
Plot 340, No 40, Krystal Lounge
Aminu Kano crescent, Opposite Union Bank
Wuse 2, Abuja

Ilorin Office
119A Ibrahim Taiwo road,
Beside Access Bank,
Ilorin, Kwara State

Port-Harcourt Office
27, stadium road,
Opposite the Atrium Event Centre,
Port Harcourt, River State

CONCLUSIONS

Getting Paga POS is very easy, and it is one POS you can 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 i am always available to help

Here are some other alternative POS to Paga POS

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